Trend Opportunity Profiles—Home Ecosystems

Trend Opportunity Profiles—Home Ecosystems

Innovative Digital Solutions Suite and Home Automation Service Models Create New Growth Opportunities

RELEASE DATE
28-Jun-2022
REGION
Global
Research Code: K764-01-00-00-00
SKU: EN01321-GL-MT_26608
$4,950.00
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EN01321-GL-MT_26608
$4,950.00

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Description

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

Table of Contents

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

Related Research
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
More Information
Author Akshay Menon
Industries Environment
No Index No
Is Prebook No
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WIP Number K764-01-00-00-00