Consumers feel perils of connectivity: Page 4 of 6

January 18, 2016 //By Junko Yoshida
Earlier this month, Nest’s smart thermostat reportedly stopped working, leaving many users frustrated and their homes freezing cold.

Marginal Increase in Purchase Intent of IoT Devices

(Source: Accenture)

While fewer consumers indicated they want to buy traditional digital devices, the number of those planning to buy IoT devices only shows a marginal increase.
Barriers to IoT Adoption

(Source: Accenture)

62 percent say IoT devices are too expensive, and close to half are concerned about security.

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