Growth of Smart Home products slow in the Indian market

May 30, 2017

High costs of smart home products are deterring it from picking up the pace in the Indian interiors solutions market. This introduction was made around the same time during the financial crisis, and it never picked up pace. Since then, the interiors furnishings segment has also seen a slump in sales. Although the products were introduced with much vigour, people aren’t actively implementing these new technologies in their homes. Security and data privacy is another concern of the buyers.