Parks Associates industry report - Context is King: Smart Home Video and Audio Analytics

Context is King: Smart Home Video and Audio Analytics

Innovation in video and audio analytics is driving new applications and services like facial, emotional, gender, and object recognition, creating dramatic new capabilities to understand context and deliver value. Embedding microphones in devices throughout the home to deliver a voice interface creates opportunities to extend value through sound recognition and notifications. Detection of glass breaking or a baby crying provides clear value to consumers. This report examines how video and audio analytics are evolving and impacting the smart home user experience and profiles companies that are driving the technology forward.

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Bottom Line

Smart Audio and Video Devices: Growing in Capability and Reach
Before the Analytics – Advancements in Data Capture
Smart Devices being very Smart: Inferencing at the Edge or the Cloud

Peace of Mind after a Troubling 2020
Security and Surveillance
Keep an (Electronic) Eye on Loved Ones

AI: Assisting Seniors and Caregivers

Help with Housework

Control without a Touch

Video and Audio Analytics Players across the Value Chain
Original Equipment Manufacturers
Software Vendors

Innovations on the Horizon – Applying Wider AI Use Cases to the Smart Home

Implications and Recommendations

Appendix

Consumer Data Methodology

Attribution

Forecast of Connected Devices Sold with Video & Audio Analytics

Edge vs. Cloud: Comparing Benefits Head-to-Head

Factors Driving Security Device Purchase among Recent Buyers (Pre-COVID)

Increased Use of Networked Cameras Due to COVID-19

Location of Cameras In and Around the Smart Home

Area or Person Monitored by Cameras

Cloud Video Storage Services

Preferred Pricing Model for AI Capabilities

Caregivers Describing Loved One's Independence

Appeal of Smart Appliance Features

Smart Home Speakers and Hubs

Video & Audio Analytics-enabled Product Value Chain

Prominent Original Equipment Manufacturer

Comparing Digital Assistant Strategies

Printed in the United States of America.

Disclaimer
Parks Associates has made every reasonable effort to ensure that all information in this report is correct. We assume no responsibility for any inadvertent errors.

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Context is King: Smart Home Video and Audio Analytics

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Context is King: Smart Home Video and Audio Analytics

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Newsletter

The Parks Points Newsletter Features All Aspects Of Our Research, Including Smart Home, Iot Devices, Entertainment And Digital Media, Security, Energy, Health, And Consumer Data.

Providing market intelligence for more than 35 years

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Email:

Mailing Address:

Expertise

Services

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Resources

About Us

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