Connected Home Market and Implications of Cyber Risks
Connected Home Market and Implications of Cyber Risks
Understanding Threats and Opportunities within Smart Technology Ecosystems of North American Homes
10-Aug-2016
North America
Customer Research
$6,000.00
Special Price $4,500.00 save 25 %
Description
The ecosystem of the connected homes market has expanded quite rapidly over the last five years, encompassing a host of technology vendors and service providers from home automation to information and communications technology (ICT), integrated service providers, utilities, and more. This study, based on a survey of 1,263 respondents in the United States and Canada, reveals that the adoption of smart home technologies is significant, growing, and challenging. It identifies key differences in the attitudes and behaviors of connected home solution adopters, potential adopters, and non-adopters. The study provides an understanding of the types of smart technologies, devices, and cybersecurity measures that are being used in North American homes.
Table of Contents
Background and Objectives
Methodology
Summary of 5 Key Findings
Key Finding 1—The Connected Home Landscape is Significant, Growing, and Challenging
Connected Homes—A Fast Growing Landscape
Strategic Implications
Key Finding 2—Connected Homes Experience More Cybersecurity-related Incidents
Adopters are 2x More Likely than Potential Adopters and 3x More Likely than Non-adopters to have Experienced Cybersecurity-related Problems
Strategic Implications
Key Finding 3—Connected Homes Use a Broader Mix of Connected Devices
Adopters are Confident in the Security of a Broader Set of Devices when Controlling Smart Home Solutions
Strategic Implications
Key Finding 4—Connected Homes Use More Cybersecurity Measures, but Gaps Remain
Majority of Devices More Commonly Used by Adopters for Remote Tracking and Wiping are Password-protected
1 out of 4 adopters have lost personal information and are more likely to ask how their data is being protected
Strategic Implications
Key Finding 5—Connected Homes Expect More Security from Providers but also have Greater Confidence in them
Home Security Service Providers and Smart Home Solution Specialists are the More Trusted Providers of Cybersecurity
For Cybersecurity-enabled Devices, Adopters Turn to Home Security Service Providers, ISPs, and Device Vendors
Home Security Service Providers and Smart Home Solution Specialists are the Top-rated Providers of Cybersecurity
When a Vendor’s Security Support is Deficient, it Creates a Sense of Vulnerability among Adopters
Strategic Implications
The Adoption of Smart Home Solutions
Current Smart Technology/Capability Adoption
Future Smart Technology/Capability Adoption Intent
Profile of Systems and Devices Used
Profile of Cloud Services Used
Important Expectations
Important Expectations—By Adoption Category
Perceived Overall Security/Vulnerability—Adopters by Country
Perceived Security/Vulnerability by Technology Type—Overall
Perceived Security/Vulnerability by Technology Type—By Country
Perceived Security/Vulnerability by Technology Type—By Adoption Category
Perceived Smartness of Technologies Adopted
Most Motivating Benefits of Smart Home Solutions—By Country
Least Motivating Benefits of Smart Home Solutions—By Country
More Important Concerns About Smart Home Solutions—By Country
Less Important Concerns About Smart Home Solutions—By Country
More Motivating Benefits of Smart Home Solutions—By Adoption Category
Less Motivating Benefits of Smart Home Solutions—By Adoption Category
More Important Concerns About Smart Home Solutions—By Adoption Category
Less Important Concerns About Smart Home Solutions—By Adoption Category
Preferred Installation Approach—By Country
Likely Provider of Cybersecurity for Installed Smart Solutions—By Country
Likely Provider of Cybersecurity Enabled Devices—By Country
Security of Suppliers’ Smart Home Technologies—By Country
Security of Suppliers’ Smart Home Technologies—By Country (continued)
The Role of Companies/Vendors/Service Providers—By Country
Consumers’ Technology Savviness and Cybersecurity Competence
Consumers’ Technology Savviness and Cybersecurity Competence (continued)
Negative Experience Related to Security—By Country
Negative Experience Related to Security—By Adoption Categories
Home System Breach—Adopters
Home System Breach Response Time—Adopters
Most Vulnerable System—Adopters
Current Cybersecurity Measures—By Country
Identity Theft and Personal Information
Insurance Protection—By Country
Insurance Protection—By Adoption Category
Device Security—By Country
Device Security—By Country (continued)
Mobile/ Wearable Device Vulnerability
Devices Accessed/Monitored by Third Parties
Third-Party Security—Overall
Third-Party Security Provisions—By Country
Third-Party Security Provisions—By Adoption Category
Third-Party Security Provisions—By Country
Third-Party Security Provisions—By Adoption Category
Legal Disclaimer
Profile of Respondents—Overall
Age Profile of Respondents within Adoption Categories
Age and Dwelling Profile of Adopters
Age Profile of Respondents within Dwelling Types
Profile of US Respondents
Profile of US Respondents (continued)
Profile of US Respondents (continued)
Profile of Canada Respondents
Profile of Canada Respondents (continued)
Profile of Canada Respondents (continued)
The Frost & Sullivan Story
Value Proposition: Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Growth dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Deliverable Type | Customer Research |
---|---|
No Index | No |
Podcast | No |
Author | Konkana Khaund |
Industries | Environment |
WIP Number | K05A-01-00-00-00 |
Keyword 1 | Connected Home |
Keyword 2 | Connected Home |
Keyword 3 | Implications of Cyber Risks |
Is Prebook | No |