Smart home adoption will accelerate in the near term, as Matter-enabled devices become commonplace. Interoperability will enable companies to provide better experiences, while consumers will enjoy improved and more personalised services.
This report comes in PPT.
Matter will enable disparate devices to be connected and automated, leading to significant consumer opportunities. A seamless smart home will enable companies to provide a greater range of services and better experiences.
Technology will enable consumers to have greater control over their homes’ energy and water usage, in addition to reducing food and material waste. With AI coming into play and automating many of these tasks, a smart home’s carbon footprint can be reduced.
The Metaverse, driven by Extended Reality (XR) technologies, offers a new and engaging way for companies to reach out to their customers, who are spending an increasing amount of time seeking online experiences.
Consumers want their homes to be more than just a roof over their heads. A companion home will provide valuable experiences and services to consumers throughout their lives. Robots are already a reality within many homes.
Consumers increasingly identify and purchase only from companies which are sustainable. Increasingly, funds are also investing in sustainable companies. Brands thus need a suitable sustainability communication plan in place.
Consumer Appliances is the aggregation of major appliances and small appliances. Major appliances are an aggregate of the following categories: refrigeration appliances, home laundry appliances, dishwashers, large cooking appliances and microwaves. Small appliances are an aggregation of the following categories: food preparation appliances, small cooking appliances, vacuum cleaners, irons, personal care appliances, heating appliances and air treatment appliances.
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