HC Security Network News
The global smart home market has reached US$45.5 billion in 2015, and the growth rate has gradually slowed down. It is expected to maintain an annual growth rate of approximately US$8 billion. It is expected that the market size will reach US$71 billion in 2018. According to the GfK report, more than half believe that smart homes will have an impact on their lives in the next few years, compared with only one in three who believe that wearables can have an impact on their lives.
The study covers seven countries around the world. Data from published Brazil, the United States, the United Kingdom, Germany and South Korea show that over 50% (51%) of overseas consumers have shown strong interest in smart home technology, with mobile Payments (54%) are at the same level, far exceeding wearables (33%).
Globally, “safety and control†and “energy or lighting†(55% and 53%, respectively) are the first choice for smart home applications, while “Entertainment and Smart Connect†ranks third (48%), “ Health and Smart Appliances tied for fourth place (both 43%). Consumers from different countries have significant differences in the choice of smart home applications. For example, only one-third (38%) of people in the UK choose “safety and controlâ€, while in the United States and South Korea, the ratio exceeds Half (54%).
According to statista's survey data of the US smart home industry, the US smart home market has a capacity of US$9.712 billion in 2016, making it the largest country in the global smart home market. The top five countries in the global smart home market are: the United States, Japan, Germany, China, and the United Kingdom. Among them, the US smart home market has a capacity of US$9.7125 billion, Japan has US$1,128.9 million, Germany has US$925.6 million, China has US$520 million, and the United Kingdom has US$477.5 million.
According to a recent report by market research firm MarketsAndMarkets, the global smart home market will reach $122 billion in 2022, with an average annual growth rate of 14% in 2016-2022. Smart home products include lighting, security, heating, air conditioning, entertainment, medical care, kitchen supplies and more.
The potential of the development of the smart home industry has attracted many capitals, including traditional hardware companies, Internet companies, and real estate home improvement companies have rushed to the smart home market. Google, Apple, Microsoft, Samsung, Huawei, Xiaomi, Meizu and many other technology companies have entered the market. Under their efforts, the global smart home industry is promising. At the same time, the continuous development of mobile communication technology continues to provide strong technical support to the smart home industry, including 5G technology, Bluetooth 5, next-generation wifi standards, etc. have a clear commercial timetable.
More and more new technologies are emerging, and the integration with smart homes will produce a strong synergy, such as artificial intelligence technology, speech recognition technology, deep learning technology, etc. They are constantly making efforts in the smart home industry, striving for smart home technology. Deep integration. For example, on the afternoon of May 22, 2018, ITOO Smart Home released five new smart home products at the Intercontinental Hotel in Shenzhen Overseas Chinese Town, including three revolutionary new products such as ITOOEDGE5 intelligent central control, EDGEPanelX and EDGEPanelG smart panel. Including ARTSMOTOR elegant series of intelligent curtain motor, EOLOCK locks the world's first eID smart door lock and other two breakthrough new products.
The status quo of the industry is booming. We have reason to believe that with the increasing classification of products and the increasing variety of products, smart home products will become more and more popular.
Editor in charge: Sun Yangyang 1
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