Supply And Demand Not The Biggest Factor In The Cost, And Availability, Of Smart Home Devices Worldwide
Monthly tariffs for smart home services charged by operators are lowest in Moscow and highest in Dubai.
These tariffs cover rental costs, installation, and servicing charges for a minimum time of three years. Thanks to advancing technology, smart home devices are becoming more popular than ever. As much as 5% of the households in Moscow own one or more of these devices.
Telecom operators are major players in this sector as most of the large telecom companies offer smart home solutions with discounted tariffs. The top 24 smart home gadgets include air quality sensors, water leak detectors, plant care sensors, smoke detectors, and opening and closing sensors.
The market is divided into four major categories, namely, security, light and electricity, ecology, and hardware. The research tells us that 42% of the operators don’t offer smart home services, 26% do but don’t offer discounts, and 32% offer both devices and discounts. It is predicted that the global smart home device market will grow by 20%. The DIT has developed over 1,000 systems so far.
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