China's Smart Home Market Outlook For the Second Half of 2018: Three Major Trends Are Worth Looking Forward To

Mutual benefit and win-win is the solution to the long-term development of China's smart home platform.

According to a report released by the Research Institute's International Data Report (IDC), global smart home equipment will reach 549.5 million units this year, a year-on-year increase of 26.8%, of which smart speakers and video entertainment products are expected to occupy 71% of smart home device sales. From smart speakers to smart home appliances, the “ecosphere” of smart homes is taking shape.

Luo Haiyong, Ph.D. and senior engineer at the Institute of Computing Technology of the Chinese Academy of Sciences, predicts that the smart home market will reach 133.4 billion in 2018.

 

In terms of the three major trends in the current home industry - patents, mutual benefit and all-room wireless, what will be the future smart home?

 

1) The patent battle in the smart home field started.

Intellectual property will be the key to smart home competition.

2) Mutual benefit and win-win is the solution to the long-term development of China's smart home platform.

From the beginning of 2013, China's smart homes have gone through the era of single product intelligence and began to enter the intelligent linkage period. In the key node of smart home from single intelligence to group intelligence, home manufacturers embrace platformization and create a linkage between family scenes. However, the smart home platform only truly adheres to the principle of “openness and mutual benefit” and will ultimately be trusted by home manufacturers to attract more outstanding partners.

 

3) Whole house wireless is a big trend

The whole house wireless smart home is based on an automatic control system, connecting security, air conditioning, home, lighting and other equipment to create a comfortable living environment.

The whole house wireless smart home is the highest level of family intelligence, which can comprehensively improve the family environment, optimize the lifestyle, highlight the "safety, health, energy saving, environmental protection" concept of the family intelligent control system, accelerate the promotion of smart home landing. It is a major trend in the development of the smart home industry.

 

 

(Source: JJGLE.COM)

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