Next Steps for Smart and Connected Homes

Cross-industrial Partnerships to Adopt Internet of Everything (IoE) for Value Creation

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The smart and connected homes market is developing quickly and attracting a wide range of companies. Enabled by the Internet of Things (IoT), the journey towards smart and connected homes depends heavily on end user acceptance. This is a crucial factor for market participants to gain customer trust based on value propositions and suitable regional business models. Cloud networking will create a technological revolution in the building technology (BT) services market and continue as a high-value offering for adopters of smart home solutions in the next 10 years. Home energy management, home automation, home entertainment, and safety and security are emerging as top priorities, while health and wellness and virtu

Table of Contents

Next Steps for Smart and Connected HomesExecutive SummaryCEO 360 Degree Perspectives on Big Data and Smart Buildings3 Big PredictionsAssociated Research and Multimedia on Smart and Connected HomesMega Trends Driving Smart and Connected HomesTop Mega Trends Tracked by Frost & SullivanDefinitions—Relevant Mega Trends for Smart and Connected HomesDefinitions—Relevant Mega Trends for Smart and Connected Homes (continued)Mega Trend 1—Connectivity and Convergence and Key Sub-trendsConnected LivingConnected Living (continued)Big Data AnalyticsMega Trend 2—Smart Is the New Green and Key Sub-trendOverview and Introduction: Definition of Smart CitiesGlobal Smart Cities in 2025Mega Trend 3—Urbanisation and Key Sub-trendsGlobal Urban Population—Top 10 CountriesOverview and Introduction—Main Trends in UrbanisationGlobal Mega CitiesMega Trend 4—Health, Wellness, and Well-being and Key Sub-trendsWellness FirstFuture Patient-centric Healthcare SystemPatient-centric Focus Smart Technology and the Future of HealthcareMacro to Micro Approach—Impact to Building Technologies IndustryEvolution of Smart and Connected Homes—OverviewSmart and Connected Homes—FeaturesSmart and Connected Homes—OverviewRoadmap for Smart and Connected HomesConnected Homes to Smart Homes—A Digital TransformationToday’s Smart And Connected Homes—the Beginning Of The Smart RevolutionWhat Do Today’s Smart And Connected Home Solutions Offer Customers?Key Drivers for Smart and Connected HomesKey Drivers SummaryKey Restraints for Smart and Connected HomesKey Restraints SummaryGlobal Market Status of Smart and Connected HomesThe Magic Strand That Connects Everything To The InternetInternet of Everything—A Network of NetworksCloud Networking as an Enabler for Smart and Connected HomesWhat’s Next For Smart And Connected Home Participants In The Evolving World Of Internet?Challenges to be Addressed by the Market ParticipantsNew Business ModelsGlobal Participants in the Convergence of CompetitionKey Partnerships and MoUsHow to Accelerate the Smart and Connected Home Journey?Legal DisclaimerAppendixAbbreviations and AcronymsThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue PropositionGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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