The future prospects of the global smart home market are promising, with an output value of over US$120 billion by 2022
Data shows that by 2022, the global smart home market output value will exceed 120 billion U.S. dollars.
However, the global smart home market is still in its infancy, but its development direction is relatively clear. It is accelerating the formation of a complete industrial chain, building an ecosystem, and formulating industry standards.
As early as 2014, smart homes were highly anticipated, but so far, there is no smart home product with subversive significance, and most of them are still trying. In the past two years, smart homes have gradually become colder.
The most fundamental reason why the temperature has dropped so quickly is that neither companies nor consumers know where the demand is. Companies don't know what smart home devices meet expectations, and consumers don't know what smart products they need. This stage can be called the trial-and-error stage, and you can only constantly adjust and find suitable products.
In this context, companies no longer discuss large and virtual theories such as entrances and centers. Tencent's QQ Internet of Things and Baidu family are gradually silent, and more are returning to polishing single products. But how to extend and develop next is also unclear, and smart home companies are also taking one step at a time.
For this reason, it is believed that the current smart home market is still in its infancy, and there is still a long way to go before the outbreak. In the next few years, there may be major changes in smart homes, and now it is more to get stuck in advance to seize opportunities.
Although smart homes have not been as popular as expected, this trend has not changed. Smart homes are still the key to improving the quality of life of residents. Once there are new breakthroughs in artificial intelligence technology, it will not be an illusion that smart homes will subvert the way of human life.
Most of the smart home products on the market stay in superficial intelligence or one-sided intelligence, but simply achieve screen display, network connection, mobile phone control and other functions. It neither solves the pain points of user needs, nor improves the user experience, it is not surprising that smart homes will not become popular.
The emergence of smart homes has changed the product-centric profit model to a service-centric model. This requires smart home companies to provide active services to better meet customer needs, rather than a one-time transaction. Only when the concept changes, the smart home market can develop and progress.
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