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Innovative Digital Solutions Suite and Home Automation Service Models Create New Growth Opportunities
28-Jun-2022
Global
Megatrends
K764-01-00-00-00
EN01321-GL-MT_26608
With more customers preferring to stay home following the COVID-19 pandemic, they want to make their living spaces multifunctional and efficient. Homes will serve multiple purposes: work, entertainment, relaxation, shared living, and health and wellness. Home ecosystems and service-based models that assist people with everyday tasks will cause a social shift. Safety, simplicity, and convenience are the driving factors convincing customers to adopt home ecosystem devices. Purposeful designs and efficient use of space are other aspects that boost smart device adoption. Companies in this market must consider integrating materials and technology to accommodate customers’ varying needs and provide the best at-home experience. This study explores home ecosystems making an impact and how major players are creating a network of multiple services to aid customers in their daily tasks. The home ecosystem architecture comprises the following components: 1) Digital Platforms, 2) Connected Devices, 3) Cognitive and Network Enablers, and 4) Connected Services. Companies offering digital platforms provide a central smart home hub for integrating smart devices. Connected devices are the devices that the digital platforms run. Cognitive and network enablers encompass software and technologies such as machine learning and natural language processing that make home appliances smart. Connected services refer to the spectrum of services that home ecosystems perform. Sustainable architecture, open collaboration, and personalization are the critical elements for the success of smart homes. Important steps and practices within each component will shape the purpose, design, and living environments of homes in the future.
Author: Akshay Ramesh Menon
About the Growth Pipeline Engine™
Why is Growth Becoming Increasingly Difficult to Achieve?
The Strategic Imperative 8™
Our Mega Trend Universe—Overview
Growth Opportunities Fuel the Growth Pipeline Engine™
Our Mega Trend Universe—Home Ecosystems
Key Findings
Growth Opportunities Critical to Future Success
Home Ecosystem Architecture—An Overview
Home Ecosystems—Digital Platforms
Home Ecosystems—Connected Devices
Home Ecosystems—Cognitive and Network Enablers
Home Ecosystems—Connected Services
Evolution of Home Ecosystems
Evolution of Home Ecosystems (continued)
Apple’s Home Ecosystem
Amazon’s Home Ecosystem
Google’s Home Ecosystem
Trend Evolution—Network Enabler and Home Ecosystem Collaboration
Homes in 2030—Hyper-personalized Home Hubs
Home Ecosystems—Key Benefits
Home Ecosystems—Key Risks
Opportunity Attractiveness
Home Automation—Service-based Models
Trend Opportunity—Regional Exposure
Key Trend Opportunity Levers
Trend Opportunity Impact and Certainty Analysis
Trend Opportunity Impact and Certainty Analysis (continued)
Trend Opportunity Disruption Index
Trend Disruption Attractiveness Score
Trend Opportunity Growth Index
Growth Attractiveness Score
BEETS Trend Implications
Growth Opportunity 1—Hyperlocal Community Surveillance for Health Monitoring
Growth Opportunity 1—Hyperlocal Community Surveillance for Health Monitoring (continued)
Growth Opportunity 2—Smart Remote Working Solutions
Growth Opportunity 2—Smart Remote Working Solutions (continued)
Growth Opportunity 3—Transforming Ordinary Walls into Smart Surfaces
Growth Opportunity 3—Transforming Ordinary Walls into Smart Surfaces (continued)
Critical Success Factors for Growth
Conclusion—The Way Forward
Identifying Your Company’s Growth Zone
Your Next Steps
Our Mega Trend Universe
Our Mega Trend Universe (continued)
List of Exhibits
Legal Disclaimer
List of Figures
- Smart Home Services Revenue Forecast, Global, 2020–2025
- Smart Home Segments Will Record Steady Growth Post-COVID-19 Smart Home Revenue Forecast Per Segment, US, 2020–2025
- Smart Home Users by Age, US, 2020
- Service Models and Home Ecosystems: Key Trend Opportunity Levers, Global, 2020–2030
- Service Models and Home Ecosystems: Degree of Certainty Versus Impact, Global, 2021–2030
- Service Models and Home Ecosystems: Trend Analysis, Global, 2021–2030
- Service Models and Home Ecosystems: Disruption Attractiveness Score, Global, 2021–2030
- Service Models and Home Ecosystems: Growth Attractiveness Score, Global, 2021–2030
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- Growth Dialog™ with our experts
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A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Megatrends |
|---|---|
| Author | Akshay Menon |
| Industries | Environment |
| No Index | No |
| Is Prebook | No |
| List of Charts and Figures | Smart Home Services Revenue Forecast, Global, 2020–2025~ Smart Home Segments Will Record Steady Growth Post-COVID-19 Smart Home Revenue Forecast Per Segment, US, 2020–2025~ Smart Home Users by Age, US, 2020~ Service Models and Home Ecosystems: Key Trend Opportunity Levers, Global, 2020–2030~ Service Models and Home Ecosystems: Degree of Certainty Versus Impact, Global, 2021–2030~ Service Models and Home Ecosystems: Trend Analysis, Global, 2021–2030~ Service Models and Home Ecosystems: Disruption Attractiveness Score, Global, 2021–2030~ Service Models and Home Ecosystems: Growth Attractiveness Score, Global, 2021–2030~ |
| Podcast | No |
| WIP Number | K764-01-00-00-00 |
Trend Opportunity Profiles—Home Ecosystems
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