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Factors Influencing The Adoption Of Smart-Home Appliances: Users' Perspectives, Prakash Shahi Jul 2022

Factors Influencing The Adoption Of Smart-Home Appliances: Users' Perspectives, Prakash Shahi

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Smart appliances will be a significant part of the annual $300 billion smart-home market by 2025. Their use is expected to grow at a compounded annual growth rate of 31% for the foreseeable future. Currently, 12-16% of households use smart-home products in the U.S., including thermostats, TVs, refrigerators, coffee machines, garage door openers, and vision-equipped doorbells. Smart appliances provide significant benefits to us over traditional appliances. Smart appliances simplify our lives by automating various tasks in our homes and allowing us to monitor and control them remotely from our offices, grocery stores, and wherever we may be.

Despite the usefulness …