Our homes are becoming smarter and this trend shows no signs of abating. According to Juniper Research, the global scale of the smart home market will reach USD 71 billion in 2018, with the Chinese market accounting for 32% of this. The smart home market is set to be another blue ocean market after consumer electronics.
However, homes are not fully smart yet, and problems like non-uniformity of industry standard, content that is not open enough, bad product experience and lack of information security guarantees, impede further development of China’s Smart Home agenda. So, how should companies solve these challenges and resolve consumers’ problems? And how should it manage and control supply chain and manufacturing?
Smart home is made up of four elements: computing & processing, network communication, induction & control and operation services. Transforming and upgrading traditional white-household-appliance companies, trans-boundary integration of internet enterprises and expansion of intelligent hardware product enterprises will come from these four aspects.
The 5th Summit Forum on Application of Smart Home Technologies in China will deeply analyze the whole industry chain: market trends, basic core technologies, hardware development, system design, cloud service platforms, supply chain and manufacturing services to effectively help enterprises integrate external resources and realize trans-boundary integration. It will also contribute to the realization of a common dream.