277 billion US dollars IoT home market attracts overseas giants to layout

Xiaomi Eco-chain Enterprise Yunmi Technology officially listed on the NASDAQ exchange on the 25th local time, becoming the 'Internet of Things' first.' In recent years, with the development of cloud storage, artificial intelligence and other technologies, IoT home The industry has ushered in new development opportunities.

International Data Corporation reported that the Internet of Things home market in 2022 will exceed 200 billion US dollars, and the growth potential is very impressive. Overseas Internet cross-border giants, communications, home appliance companies and vertical startups have entered the market, hoping to seize the first Advantageous market position.

IoT home area has great potential

The Internet of Things home is simply a complete smart home life solution. Users can control the smart devices in the home through the intelligent hub to realize the interconnection of various smart devices and appliances in the home scene.

The listing of Yunmi Technology is the company that designs and develops all-home Internet home appliances. Its products cover most of the home appliances category, and have built the 'multi-scenario-driven hardware product matrix + terminal connector' IoT home. ecosystem.

According to a recent report from International Data Corporation (IDC), smart home is one of the most promising market segments for consumer Internet of Things. The development of this industry will have broad demand prospects. It is expected that in 2022, the Internet of Things The home market will expand to approximately $277 billion.

Giants have entered

Faced with a market with good growth prospects, Internet cross-border giants, traditional communications, home appliance companies, and vertical startups have turned their attention to the IoT home industry.

Apple released HomeKit, an Internet of Things home platform, in 2014. The Apple Developers Conference in 2016 announced that some home builders have begun to support HomeKit. With HomeKit, users can control smart home devices through Apple's intelligent voice assistant Siri, and can be targeted at different The scene is configured with different settings to automatically adjust the lighting, music, TV broadcast, etc. The mobile terminal equipped with Siri's iPhone naturally becomes the 'universal remote control' in the Internet of Things home system.

In recent years, Amazon has also accelerated the layout of the Internet of Things home, not only launched Echo and other smart home hardware products, but also tried to increase the penetration rate of its intelligent voice assistant Alexa, and seized the landing scene of the Internet of Things home.

In 2014, Google acquired Nest, a smart home equipment manufacturer, for $3.2 billion, expanding its business into the smart home field. In 2016, it launched a Google Home smart speaker that can be voice-activated through voice assistants, thereby entering more and more families. In line with the trend pointed out in the McKinsey report - with the advancement of voice control technology and the development of artificial intelligence, intelligent voice assistants are increasingly becoming the 'center' of the Internet of Things.

Samsung, the traditional home appliance and communication equipment giant, is not outdone. It launched the 'Samsung Zhijia' system. In addition to providing its own brand of TV, air-conditioning and other equipment, it also has extensive access to joint customization, eco-friends' IoT home products.