China ushered in the rapid growth of smart home craze

Smart Home Show will be held in Shanghai New International Expo Center from March 17 to 20, 2022.the exhibition insists on innovation and change, and achieves continuous breakthroughs in scale, quality and global influence. It is one of the three top household appliances and consumer electronics exhibitions in the world.

In recent years, with the continuous downturn of the traditional home appliance industry, the continuous upgrading of people's demand for home furnishing under the urbanization construction, as well as the rapid growth of people's consumption level and consumption concept, the trend of intelligent, green and healthy development of China's home furnishing industry has become increasingly prominent, and smart home furnishing has ushered in a rapid rise.

1. Smart home craze

According to relevant data, from 2016 to 2019, the size of China's smart home market has grown from less than 100 billion yuan to more than 180 billion yuan, and it is expected that in 2021, the market size will further break through 400 billion yuan mark.

Despite the impact of the epidemic and the shortage of chips, IDC reported that China's smart home device market shipments in the first half of 2021 were about 100 million units, up 13.7% year on year. The report predicts that the domestic smart home device market shipments will grow at a compound growth rate of 21.4% in the next five years, and the shipments will exceed 500 million units in 2025.

So, why does our country intelligent household develop so fast and furious? In addition to the demand for industry transformation and people's pursuit of high-quality products, in recent years, the joint impact of 5G and product ecology has brought strong impetus to the development of smart home.

Among them, WITH the advantages of low delay, large capacity and high speed, 5G can accelerate the data collection, analysis and dissemination of smart home products, enhance the functions of smart home products, and enhance human-computer interaction capabilities, so as to comprehensively improve the service experience of smart home to people.

At the same time, a major upgrade of the product also for the rise of intelligent home injection power. In the past, intelligent household products can't connected between the companies is a big pain points which restrict the development of the industry, but since 2020, many domestic enterprises began to expand their own production line, from the item focus to the development of the whole production line, through the building of ecological interconnected system effectively improved the ecological products, effectively solved this spot, This lays the foundation for the interconnection of the industry and will help drive the industry towards integration and standardized maturity in the future.

In a word, the rapid promotion of new technologies and strategies such as 5G and new infrastructure, as well as the continuous construction of product ecology, provide important support for the popularity and maturity of smart home. In addition, the scale of smart home market continues to grow, and the future becomes predictable.

2. We will strengthen our two weak links

In order to realize the potential blue ocean, we also need to make up the shortcomings of the two aspects, otherwise the development will eventually be hindered, and finally falter. So, what are the two specific shortcomings? One is chip. The other is security.

How to improve the industrial chain and strengthen the core technology, to ensure that the development of smart home will not be easily affected by the external environment, is the next challenge for China to overcome.

Secondly, security threats are another challenge facing the development of smart home in China. The two characteristics of smart home are connected and intelligent, to achieve intelligent networking, can not leave the power of all kinds of technology and network, but with the integration of more and more advanced intelligent technology, smart home application privacy issues are becoming more and more prominent.

Only fill up the safety of the short board, smart home development can really take off in the tuyere!

Adhering to the aim of bold innovation and excellence, the Smart home show in 2022 will promote the development of the industry, and there will be more fresh and fresh highlights to present, gather global wisdom technology, and create a better life. For more information, welcome to Appliance&electronics World Expo (AWE) in 2022.