The smart home market will reach 8 billion in the future

With the continuous development of the Internet, the Internet of Things and big data, the scale of the smart home market continues to expand, and market demand will usher in a period of rapid growth. The International Association of Internet of Things Trade and Application Promotion Association (IIPA) recently released the 2013 China Smart Home Industry Research Report. The report shows that in the next three years, the growth rate of the Chinese smart home market will continue to increase. The annual forecast is expected to reach 29.17%. It is predicted that the market size of China's smart home industry in 2017 will reach 8 billion yuan.

According to reports, since 2010, there has been a relatively large increase in the shipment of wireless smart home products at a lower cost, and mainstream manufacturers have gradually reduced their prices in order to promote the market. Smart homes have remained relatively healthy since 2010-2012. The speed of development. According to the market research data of the International Association for the Promotion of Goods (IIPA), the Chinese smart home market in 2010-2012 has maintained an increase of more than 20% for three consecutive years, of which, the market size in 2012 reached 2.49 billion yuan, and the growth rate was 20.29. %. According to the International Association for the Promotion of Goods and Industry (IIPA), the brewing period of domestic smart homes is still maintained for a certain period of time. The period of 2016-2017 is the beginning of the rapid development period of the domestic smart home industry. The market size of the smart home industry in China will reach 8 billion in 2017. yuan. With the popularization of domestic broadband services, most homes have the basic conditions for deploying intelligent systems, and have made good preparations for the smart home industry. In recent years, the rapid development of smart phones has greatly increased people's acceptance of smart applications. The entire smart home industry is constantly maturing and the market is expanding. At the same time, the demand for smart home services, including system design, installation, maintenance, personalized development, and system upgrades, is constantly increasing, and its market value is gradually being highlighted.

According to people in the industry, the increasing awareness of the smart home industry and the price of smart home systems are gradually approaching the user's psychological price, which will give a positive boost to the rapid development of the smart home industry.