The Global Smart Home Market Will Reach US $122 Billion.

According to China's smart home equipment industry development prospects and investment opportunities analysis report, China's smart home in 2012

The scale was 102 billion 220 million yuan, which rose to 172 billion 860 million yuan in 2013, 2283 in 2014, 400 million yuan, and intelligence in 2015.

The scale of the market can reach 300 billion yuan.

It is estimated that the scale of China's smart home market will be 381 billion 300 million yuan in 2016, an increase of 27.1% over the same period last year, 481 billion 700 million yuan in 2017, an increase of 26.3% over the same period last year, and 600 billion yuan in 2018, an increase of 24.6% over the same period last year.

The growing market cake of smart home attracts many capital to enter.

The scale of the global smart home market will reach US $122 billion in 2022.

In August 8th, according to the UAE report, Markets And Markets, a well-known market research firm, recently released a report that the global smart home market scale will reach 122 billion US dollars in 2022, and the average annual growth rate in 2016-2022 years will be 14%.

Smart home

The classification covers lighting, security, heating, air conditioning, entertainment, medical care, kitchen supplies and so on.

The figure of US $122 billion also makes many industry insiders see the potential of the smart home market in the future.

In response, Fahad, chief executive of the UAE Telecom retailer AXIOM, said Gulf countries, especially the UAE and Saudi Arabia, will play an important role in the rapid growth of the global smart home market.

At the same time, the two UAE telecom operators, Etisalat and Du, are also promoting and developing smart home. According to Google's data, UAE is the country with the highest utilization rate of smart phones in the region, reaching 73.8%, and the coverage of 4G LTE network is 85%.

The high-speed operation of mobile Internet also provides strong support for the further landing of smart home system.

As the core communication mode to realize the interconnection of all things, 5G business will accelerate the landing of smart home and so on, which is influenced by the rapid development of mobile Internet, and the market prospect of smart home is promising.

Capital enterprises have stepped into the smart home market to promote the development of smart home market.

In recent years, many traditional hardware enterprises, Internet companies and real estate home decoration enterprises have stepped into the smart home market.

Google, apple, Microsoft, Samsung, HUAWEI, Xiaomi, Meizu and many other technology companies have entered the game. Under their efforts, the global smart home industry has a bright future.

In addition, in June 28th, the well-known VC Zhong Li Investment Company and Haier announced that the joint 1 billion 200 million yuan industrial fund was invested mainly in smart home, high-end consumption and upgrading.

"Let's witness the perfect combination of capital, creativity and industry leader, and hope that our cooperation can bring more beautiful products to you," said Wang Chaoyong, founder and chairman of faith capital group.

"In addition to the new three boards, we also have a listed company. Our total assets have exceeded 30 billion yuan.

The cooperation between Haier and Haier is about the forefront of the Haier household in the smart home industry and the frontiers of big consumption. "The idea of big consumption in the investment is coincided with Haier."

It can be seen that the amount of cooperation between investment companies and household electrical appliance enterprises will further expand the development of smart home market, thus achieving the support of cross border integration interest chain.

Contrary to the rapid development of the market, the smart home industry chain is weak.

In the rapid development of the smart home market, there are also some discordant factors, which are related to the weak development of the smart home industry chain.

It is understood that the smart home industry chain is divided into three parts: upstream parts, intermediate products and downstream products.

The downstream products include household appliances, lighting, security and small intelligent products. The market has developed very vigorously, represented by the smart home appliance industry; the upstream parts include chips, circuit boards and plastics; the middle products include modules and intelligent controllers, etc. the two main links are few enterprises and weak development.

Affected by the imperfect development of upstream and middle reaches, the cost of smart home is hard to fall, and the price of products is high. At the same time, the performance of products is difficult to satisfy consumers' expectations.

Further development of smart home will be the key to make up for the shortage of upstream and midstream.

In addition, smart home also has the problem of unstandardized industry standards and various standards. It requires the cooperation of various manufacturers to identify uniform standards, so as to promote the rapid development of the smart home industry.

The future of smart home market is bright and the road is tortuous.

In the process of grabbing the market scale, the home industry giants will also promote the rapid development of the whole industry. At the moment of the intelligent primary stage, the road of the enterprise's efforts is still brambling. In the future, only the home intelligence, the home industry chain can win further in the market.