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Strategy Briefing

Global Key Insights of Growing Connected Appliances Ecosystem

39 pages, Feb 2018

US$1,325

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About This Report

New Report Guarantee

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

Why buy this report?

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Megatrends

Strategy Briefing

Global Key Insights of Growing Connected Appliances Ecosystem

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

A huge business eco-system of connected appliances is emerging

Artificial intelligence will make connected appliances smart

The integrated connected home will be the future

There will be no absolute hardware centre in the connected home

Want to find out more about this report?

Table of Contents

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?

Want to find out more about this report?

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