Skip to main content

The Internet of Things Include Smart Home Appliances

While the concept of an automated home was conceived many years ago, various technical limitations have, until recently, meant that a truly connected home was but a dream for the average consumer. With the advent of mass-deployed broadband Internet access and the development of wireless technology, smart connected devices in the home are now a very real possibility.

Juniper Research forecasts that the installed base of connected appliances in Smart Homes will exceed the 10 million mark by 2017 -- that's rising from 4 million units in 2013.

Their latest global market study found that consumer awareness of connected appliances -- such as smart refrigerators and washing machines -- was gradually increasing, but that such devices are not widely considered to offer attractive value-added benefits.

The Internet of Things for an Intelligent Home

According to the Juniper assessment, smart appliances remain a niche item, given their high retail prices, poor use cases and ongoing security concerns.

While the technology to leverage the Internet of Things (IoT) devices is already available, no Internet service provider has yet made a system for intelligent automation services available to consumers.


Smart Appliance Manufacturer Market Development

Juniper observed that consumer electronics (CE) manufacturers -- such as Samsung and LG -- are pushing ahead with their range of intelligent appliances, as part of their wider Smart Home strategies.

Samsung is the first major CE manufacturer to demonstrate an entire ecosystem of home appliances and technologies over its Smart Home Service platform.

However, this service only functions with Samsung products, which will very likely stunt the growth opportunity, and discourage brand-agnostic consumer buyers that wish to mix-and-match appliances for their unique needs and requirements.

Other key findings from the study include:

  • Deploying Smart Home services in the cloud will reduce the need for expensive Smart Home device processors, and allow these devices to benefit from the power of Big Data.
  • Service providers should encourage a user community to help diversify Smart Home application possibilities to cater for individual needs.

Popular posts from this blog

Industrial and Manufacturing Technology Growth

In an evolving era of rapid advancement, market demand for innovative technology in the industrial and manufacturing sectors is skyrocketing. Leaders are recognizing the immense potential of digital transformation and are driving initiatives to integrate technologies into their business operations.  These initiatives aim to enhance efficiency, reduce costs, and ultimately drive growth and competitiveness in an increasingly digital business upward trajectory. The industrial and manufacturing sectors have been the backbone of the Global Networked Economy, contributing $16 trillion in value in 2021. Industrial and Manufacturing Tech Market Development   This growth represents a 20 percent increase from 2020, highlighting the resilience and adaptability of these sectors in the face of unprecedented challenges, according to the latest worldwide market study by ABI Research . The five largest manufacturing verticals -- automotive, computer and electronic, primary metal, food, and machinery -

Rise of AI-Enabled Smart Traffic Management

The demand for smart traffic management systems has grown due to rising urban populations and increasing vehicle ownership. With more people and cars concentrated in cities, problems like traffic congestion, air pollution, and greenhouse gas emissions are pressing issues. Since the early 2000s, government leaders have been exploring ways to leverage advances in IoT connectivity, sensors, artificial intelligence (AI), and data analytics to address these transportation challenges. The concept of a Smart City emerged in the 2010s, with smart mobility and intelligent traffic management as key components.  Smart Traffic Management Market Development Concerns about continued climate change, as well as cost savings from improved traffic flow, have further motivated local government investment in these advanced systems. According to the latest worldwide market study by Juniper Research, they found that by 2028, smart traffic management investment will be up by 75 percent from a 2023 figure of

How Generative AI Will Reshape the Economy

The Global Networked Economy -- a term synonymous with the interconnectedness of businesses, individuals, and governments worldwide -- has undergone a remarkable transformation in 2023. Fueled by the rapid growth of digital technologies and the global internet, this phenomenon has given rise to a worldwide marketplace that has already revolutionized the way we live, work, and play. The impact of Generative Artificial Intelligence (GenAI) in 2024 will be equally disruptive to many traditional business leaders. GenAI will also create huge opportunities for the fearless pioneers. Global Networked Economy Market Development The Global Networked Economy's evolution traces back to the advent of the Public Internet. The introduction of eCommerce, social media, and cloud computing has been instrumental in reshaping how businesses operate and engage with their customers. This interconnected ecosystem empowers savvy leaders to access new markets, trim operational costs, enhance commercial e