Global Smart Appliance Market Report 2021: AIoT in Home Automation Market Forecast to Reach $9.3B Globally by 2026
Dublin, Nov. 26, 2021 (GLOBE NEWSWIRE) -- The "Global Smart Appliance Market by Technology, Solutions, Applications and Services 2021-2026" report has been added to ResearchAndMarkets.com's offering.
This report evaluates the smart appliance marketplace including technologies, companies, solutions, products, and services. The report includes an analysis of leading companies and their strategies and offerings.
The report evaluates the use of converged AI and IoT systems/solutions known as AIoT to enable intuitive and value-added human-to-machine smart appliance interactions. The report also provides market projections with forecasts covering the period 2021 to 2026 for all major aspects of the smart appliance market including technologies, solutions, applications, and services.
Select Report Findings
AIoT in home automation market will reach $9.3B globally by 2026
Smart appliances are evolving to embrace the "as a service" product model
Combined AI and IoT solutions will drive significant smart appliance market value
Leading smart appliance vendors are focusing on cloud-based services and improved user interfaces
The DIY segment for smart home/appliance integration is expected to exceed 46% of the total market by 2026
Related to Connected Home technologies, smart appliances leverage the Internet of Things (IoT) and are connected to the Cloud and control infrastructure such as utilities/smart grid to enable more efficient and more productive use of electricity. Smart appliances include thermostats, clothes washers, dryers, microwaves, hot water heaters, and refrigerators. Smart appliances rely upon various communications technologies including Wi-Fi, ZigBee, Z-Wave, Bluetooth, and NFC, as well as IoT and related operating systems for consumer command and control such as iOS, Android, Azure, Tizen.
Implementation and operation are becoming increasingly easy for end-users, facilitating rapid growth in the Do-it-Yourself (DIY) segment. Smart grid integrators play an important role defining smart appliance standards through transferring knowledge, testing efficiency, and optimizing systems and networks that would communicate with both utilities and smart appliances. These companies and other entities ensure intelligent appliances receive real-time data from the AMI system to control or modulate their operation.
One of the important areas to consider within the smart appliances market is the convergence of AI and IoT, which is also known as the Artificial Intelligence of Things or AIoT. Currently, many AIoT use cases are very retail product-oriented, many of which focus on cognitive computing in consumer appliances. Sharp refers to AIoT as "People-Oriented IoT = AIoT" for "more responsive technology" as part of what they refer to as the "Smart Life". They provide examples of smart homes in which the system learns how its occupants like to live through interaction with smart appliances and housing equipment.
Key Topics Covered:
Smart Appliances Market Overview
Smart Appliance Characteristics
Smart Appliance Market Definition
Role of Smart Grid Integrators
Role of Utilities and the Smart Grid
Smart Appliance Applications
Smart Appliance Value Chain Analysis
Designing Smart Appliance Experience
Context Aware Smart Automation
Smart Appliance Data Analytics
Smart Appliances within the Larger Ecosystem
The Need for Smart Collaboration
The Need for Companion Capabilities
Smart Appliance Benefits
Do It Yourself Case Study
Smart Appliance Market Forces and Driver Analysis
Energy Consumption Continually Increases
Mobile Application Control and Automation
Global Housing Market and Economic Factors
Global Climate and Energy Consumption
Dynamic Pricing Model Strategies
Digital Consumerization and Lifestyle Transformation
High Capital Investment
Demand vs. Supply Factors
Competitive Pressures
Smart City Growth and Development
Artificial Intelligence
Waste Reduction Initiatives
Home Safety and Security
Home Security and Do-it-Yourself Trend
Healthcare Integration
Smart Grid Integration
Government Subsidies
5. Smart Appliance Market Analysis and Forecasts
Smart Appliances Revenue Analysis
Global Smart Appliances Market 2021-2026
Smart Appliances by Type 2021-2026
Smart Lawn and Yard Equipment by Revenue and Units 2021-2026
Smart Lawn and Yard Equipment by Type 2021-2026
Companies Mentioned
Bosch Hausgerate GmbH
Electrolux
General Electric
Haier
Indesit
LG Electronics
Miele
Panasonic Corporation
Philips
Samsung Electronics
Whirlpool Corporation
For more information about this report visit https://www.researchandmarkets.com/r/fnsqog
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