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Strategy Briefing
Global Key Insights of Growing Connected Appliances Ecosystem
Feb 2018
US$1,325Added to Cart
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About This Report
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The key selling point of connected appliances is not connectivity but services offered by the eco-system. A huge business eco-system is expected to be built, with collective efforts from upstream industries, such as semiconductor and artificial intelligence, to downstream industries, such as retailing and packaging. To drive inter-operability, cross-industry collaboration on common standards, matching chips and a brand agnostic operating system are critical.
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Overview
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
A huge business eco-system of connected appliances is emerging
It is projected that in 2022, 236 million units of connected appliances will be sold globally. In addition to the appliances industry, multiple industries from upstream to downstream have been driving connected appliances development. To provide convenience to consumers, cross-industry collaboration is critical to ensure common standards, matching chips and brand-agnostic OS, to drive interoperability of connected appliances from different companies.
Artificial intelligence will make connected appliances smart
Most current connected appliances require humans to control them and make decisions. In order to develop connected appliances so as to become smart, artificial intelligence (AI) is required to embed a “brain” in the appliances. With the “brain”, the appliances can learn the user’s habits, offer advice and help reduce the time required for household chores.
The integrated connected home will be the future
Most current connected appliances are controlled individually by smartphones. Integrated connected home solutions will be the future, eliminating the need to control appliances individually. There will be different key scenarios, such as the connected kitchen, the connected living room, etc. For example, in the connected kitchen, different kitchen appliances will coordinate with each other to offer a seamless cooking experience to consumers.
There will be no absolute hardware centre in the connected home
The long debate over the connected home hardware centre reflects cross-industry business conflicts. To compete for the hardware centre, electronics firms advertise smartphones and TVs, while appliance companies promote connected appliances, such as fridge freezers. Retailers such as Amazon also hope to get a foothold via wireless speakers. Analysis suggests that there is no hardware product suitable as a centre for all scenarios. Instead, the OS with AI will be the centre, co-ordinating multiple products.
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Introduction
Scope
Definitions
Four phase connectivity development towards smart appliances
Key findings
Huge Market and Ecosystem
China and US will lead in connected appliances
Air conditioners, washers and fridge freezers are top three
A huge business ecosystem for connected appliances
Upstream Industries
Chip firms eager to partner with big boys in appliances industry
Connected production to meet demand for personalisation
Manufacturers develop own OS to protect their territory - ecosystem
Too many third party OS hinder inter-operability
Retailers have an upper hand in OS market with their retailing services
Artificial intelligence to give the brain to connected appliances
Is AI voice control necessary?
Adjacent Industries
Smart electronics have the upper hand in higher penetration
North America and Western Europe lead wireless speakers sales
Smart wireless speakers will be the next big thing
Connected appliances: A key differentiation point for developers
Downstream Industries
Labelling to enable accurate item scanning
Cashless payment enables transactions on connected appliances
Connected appliances: The next stage of internet grocery retailing
Enriching internet retailing options for differentiation
Commercial connected refrigerated vending machines on the move
Connected courier robot and lockers to cut cost for grocery delivery
Strategies
Collaboration is the key to drive inter-operability
Room scenario approach for future connected home
Connected appliances to save more time for consumers
Which will become the hardware centre of connected home?
OS with AI to integrate Various Connected Appliances and Devices
New business model of free hardware but charged service
Recommendations
Recommendations
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
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- COVID-19 Survey: 2020, A Year in Review | Jan 2021
- Global Recovery Tracker: Q3 2020 | Nov 2020
- Corporate Strategy Key Insights in an Increasingly Competitive Global Consumer Appliances Market | May 2018
- Internet of Things in the Home | May 2018
- Households and Appliances in 2030 | Apr 2018
- Home Cooking and Eating Habits: Global Survey Strategic Analysis | Apr 2012
- The Haves and Have Nots: The Impact of the Widening Gap Between Rich and Poor | Nov 2011
- Global Discretionary Goods & Services Markets in 2009 and 2010: Legacy of the Downturn (Part 2) | Oct 2010
- Private Label - Potential in a Weakening Economy | Nov 2008
- Single Living: How Atomisation - The Rise of Singles and One-person Households - Is Affecting Consumer Purchasing Habits | Jul 2008
- 25 Global Consumer Trends 2008: Back to Basics – it’s Still the Old Economy in a Cool Climate | Jun 2008
- Shopping for Pleasure: The Development of Shopping as a Leisure Pursuit | May 2008
- The Green (and Variegated) Consumer | Mar 2008
Complete Catalogue
Strategy Reports
- COVID-19 Survey: 2020, A Year in Review | Jan 2021
- Global Recovery Tracker: Q3 2020 | Nov 2020
- Corporate Strategy Key Insights in an Increasingly Competitive Global Consumer Appliances Market | May 2018
- Internet of Things in the Home | May 2018
- Households and Appliances in 2030 | Apr 2018
- Home Cooking and Eating Habits: Global Survey Strategic Analysis | Apr 2012
- The Haves and Have Nots: The Impact of the Widening Gap Between Rich and Poor | Nov 2011
- Global Discretionary Goods & Services Markets in 2009 and 2010: Legacy of the Downturn (Part 2) | Oct 2010
- Private Label - Potential in a Weakening Economy | Nov 2008
- Single Living: How Atomisation - The Rise of Singles and One-person Households - Is Affecting Consumer Purchasing Habits | Jul 2008
- 25 Global Consumer Trends 2008: Back to Basics – it’s Still the Old Economy in a Cool Climate | Jun 2008
- Shopping for Pleasure: The Development of Shopping as a Leisure Pursuit | May 2008
- The Green (and Variegated) Consumer | Mar 2008