A market connected – the IoT in context
The Internet of Things was once a niche area for geeks and the ultra-rich but now thanks to products like Amazon Echo it has become a huge corner of tech retail. Jonathan Easton examines the market and asks the Channel about the state of play
Connected devices that were barely even imaginable a few short years ago are now commonplace, if not in homes then at least in stores. Connected products are certainly very visible in the retail space, but is that visibility converting into a profitable market?
According to the figures, that definitely is the case. “The market for smart home technology saw another bumper Q4-Q1 across Western Europe,” says Context UK and Ireland country manager Jonathan Wagstaff. And the UK is leading the way, according to Wagstaff. “In Q1 2017, the distribution channel in the UK grew 79 per cent year-on-year in terms of revenue, ahead of both Germany and France,” he added. Read more…