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Strategy Briefing
Smart Insights into Connected Appliances for Manufacturers and Retailers - Part I: Global Overview and Themes
Apr 2016
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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!
While developments in connected appliances are still nascent, the growth momentum is expected to pick up strongly from 2016 to 2020 globally, especially in China. For consumers, connected appliances will offer tangible benefits in the form of cost savings and convenience. For businesses, connected appliances will drive cross industry revolution and post significant impact to other industries such as retailing, home care and packaged food etc.
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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.
Infrastructure and government support are critical
Rising smartphone and internet penetration rates are critical in setting up network infrastructure for connected appliances.
While the market is ready, manufacturers will need the support from government and industry associations in terms of standardisation to support the adoption of connected appliances.
China to lead global growth of connected appliances
Growing interest from Chinese manufacturers to invest in connected appliances for value gains, rising disposable income of Chinese households and support from internet retailers and government will drive adoption rates of connected appliances in China.
Connected appliances will generate significant impact to multiple industries
Growth of connected appliances will generate huge amounts of consumer data, which will boost the demand for consumer data analytics and market research.
With consumer data and insights, connected appliances will provide enormous growth opportunities to other industries including internet retailing, home care, packaged food, healthcare and others to offer remote services to users of connected appliances.
Price and tangible cost savings will be critical to mass adoption
Since cost savings and pricing are critical purchase criteria, clear communication of the tangible benefits of cost savings and right price premium which commensurate with cost savings will drive global adoption.
Connected appliances will also bring consumers convenience in supporting families with elderly members or with dual-income households.
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Request more informationTable of Contents
Introduction
Scope
Key findings: Part I
Definitions
Four key areas of development from connected towards smart
Top product categories with the highest potential for connectivity
Market Readiness
Market readiness for connected appliances
Internet connectivity will be the catalyst for connected appliances
Smartphones will be the biggest enabler for connected appliances
China provides the most opportunity for connected appliances
Government and trade associations support standardisation
Building consumers’ confidence with security and data privacy
Global Overview
China, South Korea and Japan driving development in Asia Pacific
Developed markets: South Korea will drive product development
Emerging markets: China to lead demand growth
Key drivers for connected appliances demand growth in China
Key Themes in Connected Appliances
What are the key impacts of connected appliances?
Fridge freezers will post the strongest cross-industry impact
Connected washing for dedicated care for different fabrics
Why do home care, apparel and retailing care about laundry?
Consumers value “green” features in appliances
Translating environmentally-friendly features into cost savings
Cost savings as tangible benefits to consumers
Energy savings as a key tangible benefit to consumers
Right pricing that justify benefits for consumers and rapid adoption
Reduction in food waste
Connected appliances to support the growing ageing population
More women entering the workforce
Recommendations
Part I: Recommendations
Part II: Preview of key findings
Report Definitions
Research methodology
Data parameters
Report definitions (1)
Report definitions (2)
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.
Want to find out more about this report?
Request more informationComplete Catalogue
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- 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
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Complete Catalogue
Strategy Reports
- 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