58% of UK Households are Willing to Pay for Smart Thermostat Hardware and Service Bundle

Research from Parks Associates shows strong interest for smart thermostat hardware and service bundle options in the UK. According to the study, 58% of broadband households are willing to pay five pounds per month for a hardware and service bundle. While most households dislike monthly fees, UK households would consider bundling a smart thermostat with services at a reasonable price point.

This study will be referenced at the CONNECTIONS Europe conference on November 13-14. The conference will explore strategies to increase interest and expand smart home adoption in Europe. Sessions will include executive insights on business opportunities, revenue strategies and partnership opportunities for smart home device companies and corresponding services.

To view Parks Associates’ infographic, click here.