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Market Research Report
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1102979

Trend Opportunity Profiles-Home Ecosystems

Published: | Frost & Sullivan | 57 Pages | Delivery time: 1-2 business days

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Trend Opportunity Profiles-Home Ecosystems
Published: June 28, 2022
Frost & Sullivan
Content info: 57 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

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

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.

Product Code: K764-36

Table of Contents

Strategic Imperative

  • 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™

Executive Dashboard

  • Our Mega Trend Universe-Home Ecosystems
  • Key Findings
  • Growth Opportunities Critical to Future Success

Trend Opportunity Analysis

  • 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 Universe

  • 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

Next Steps

  • Identifying Your Company's Growth Zone
  • Your Next Steps

Appendix

  • Our Mega Trend Universe
  • Our Mega Trend Universe (continued)
  • List of Exhibits
  • Legal Disclaimer