Connectivity Issues on IoT Business - The Korean Case of Smart Home Network

Connectivity is one of the most important factor that may affect as a great benefit to various domains for the next era of the IoT(Internet of Things). However, securing connectivity requires various industry stakeholders to access freely which cause business and regulatory issues. The purpose of this study is to explore challenges in implementing market based IoT industry, focusing on connectivity issues. We have investigated cases of the smart home industry in Korea, presented implications based on the literatures and the in-depth interviews. As a result, newly emerging industry based on technology like IoT tend to have conflicts between service providers and network providers. And it expands towards political issues on data traffic and fostering spectrum managements by private sectors. Moreover, connectivity with device-platform-service protocols and compatibility tend to be monopolistic structured. Our implications suggested supplementing ideas for improving ways of establishing regulations.