Entry of Indian telcos to catalyse smart home market: Samsung

SEOUL: Samsung said that India has “great potential” for smart home or consumer IoT (Internet of Things) market, even as the South Korean conglomerate prepares to introduce more connected appliances and devices to build a complete ecosystem in the country.

Sunggy Koo, vice president, Home IoT, Samsung told ET that the entry of telecom service providers into consumer IoT segment will accelerate the uptake of smart consumer appliances and devices.

IoT refers to a network of devices and sensors connected through the internet.