Smart home is one of the most appealing topics in Home & Tech-related industries but also a concept that is often misrepresented. This briefing defines smart home as powered by artificial intelligence (AI) enabled appliances that are capable of automatically tracking, learning, sensing, identifying and reacting with little or no human intervention. With Coronavirus impacting, this briefing maps out where smart home development is heading in addition to the status quo.
Widespread smart speakers especially in Europe and North America are expected to stimulate the embrace of connected appliances as consumers’ habit of using such devices is being fostered through stronger awareness. Globally rising smart TVs with large screens are positioned by manufacturers as offering superior access to monitor and control connected appliances and could gradually lead to extensive acceptance of the connected home.
Smart home is powered by AI-enabled smart appliances with deep learning as an integral part. Supervised learning, relying on training data input backstage, is already manifest in miscellaneous smart functions - auto-matched laundry and drying cycles, smart food inventory management, etc. Self-supervised learning, however, tracks owners’ living patterns or distinctive appliance settings to direct the autonomous learning process and generation of personalised solutions, which continues to be offered with certain refrigeration and home laundry appliances launched in 2020 and will still be the ultimate goal.
To reach “automation”, manufacturers embed voice control systems into appliances and other home products and deploy various human motion and environment sensors. To realise “personlisation”, image recognition has been implemented in smart food inventory management and fabric identification and now scent detection emerges as another utilisable technology. To be “holistic”, ecosystems featuring cross-industry connectivity are being developed.
Due to COVID-19, smart wearables witness robust growth momentum, cooking at home returns to be an experiential activity and AR/VR shopping is strengthened, which creates opportunities for smart living room, kitchen and bedroom.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page