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You are here: Home / News / Industry Information / Smart Homes

Smart Homes

Views:1     Author:Site Editor     Publish Time: 2017-06-12      Origin:Site

Smart Homes

Improved network infrastructure and high smartphone penetration rates are enabling the growth of the smart home and we can expect the adoption of connected appliances to pick up in 2017. Faced with a hectic lifestyle, consumers are increasingly willing to spend to free up time for more important and fulfilling activities in their lives.

In developed markets, consumer expenditure on electricity, gas and other fuels is set to see an absolute increase of USD22 billion in 2017 from 2016 to reach USD835 billion dollars. Time-saving connected appliances, such as robotic vacuum cleaners, and connected appliances that can bring about cost savings, such as air conditioners and fridge freezers, will be increasingly favoured by consumers.

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