Appetite growing for tech-enabled devices to build smart homes
7 months, 3 weeks ago

Appetite growing for tech-enabled devices to build smart homes

Hindustan Times  

The hot and prolonged summer this year augured well for consumer durables manufacturers, especially those selling air conditioners. Appetite growing for tech-enabled devices to build smart homes In 2020, when Panasonic launched its IoT and AI -enabled platform, it kicked off with three smart products – air conditioners, doorbells and plugs and switches. Manish Misra, chief technology officer, Panasonic India Innovation Center, said tech-savvy consumers had pushed the company to make horizontal and vertical expansion into smart devices. A new report by Redseer Strategy Consultants expects India’s smart home market to be primarily driven by three categories -- security, lighting and control, and small appliances. Smart home devices are remotely controlled electronic gadgets connected to the internet, managed through a smartphone app or a voice command.

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