.

ISSN 2063-5346
For urgent queries please contact : +918130348310

EMERGING TRENDS AND FUTURE PROSPECTS OF IOT IN CONSUMER ELECTRONICS MARKET

Main Article Content

Abhimanyu Ahluwalia, Dr Vikas Garg, Dr Joyeeta Chatterjee
» doi: 10.48047/ecb/2023.12.sa1.522

Abstract

The Internet of Things (IoT) has revolutionized the way consumer electronics are designed, manufactured, and used. This paper examines the impact of IoT on the consumer electronics market in the National Capital Region (NCR) of India. The study focuses on the current state of the IoT market in NCR and identifies the major IoT-based consumer electronics products that are currently available in the market. The paper also analyzes the factors driving the adoption of IoT-based products and services in NCR. The research is based on a survey of consumers and industry experts in the NCR region. The findings suggest that IoT has a significant impact on the consumer electronics market in NCR, with consumers increasingly adopting smart home appliances, wearables, and other connected devices. The paper also identifies the challenges associated with the adoption of IoT-based products, including privacy and security concerns, lack of standardization, and interoperability issues. The study provides insights into the emerging IoT ecosystem in NCR and its impact on the consumer electronics market. The research findings can help industry players in NCR and beyond to develop effective strategies for designing, marketing, and distributing IoT-based consumer electronics products. The study also highlights the need for policymakers to address the challenges associated with the adoption of IoT-based products and services in order to promote sustainable growth and innovation in the consumer electronics industry.

Article Details