Wednesday, August 26, 2015

Connected Home Camera Demand Drops

Electronics Weekly: Consumer demand for connected home products, including wireless security cameras, dropped dramatically in the first half of 2015, according to Argus Insights. "Early adopters have gotten what they need, and now products are not compelling typical consumers to create a connected home."

"The big buzz last year was over security cameras. Dropcam was huge, and made even more news when it was acquired by Nest Labs, which had previously been acquired by Google. (The recent Nest camera has been more coolly received.) Kickstarter launches, such as the Canary and Piper security cameras attracted a lot of attention to the market, resulting in more new product introductions, but the optimism of 2014 turned into the reality of 2015 as that market has dropped, due partly to connectivity and usability issues."

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