Technology Convergence and the Smart Home

As the world moves toward singularity, the simultaneous improvement of technologies enabling the smart home is transforming products and services. This report reviews the evolution of technology across multiple dimensions, such as AI, robotics, and distributed computing, and the impact on hardware cost and software development lifecycle. It provides a vision of the future state of the smart home and outlines strategies needed to compete successfully in the long term.

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1.0          Report Summary

1.1          Purpose of Report

1.2          Key Burning Questions Addressed by this Research

1.3          Research Approach/Sources

2.0          Trends in Smart Home Adoption

3.0          Technology Evolution and Convergence

3.1          AI and Machine Learning

3.1.1      Defining Artificial Intelligence

3.1.2      Video Analytics

3.1.3      Sound Recognition

3.1.4      Home Automation

3.1.5      Voice Control and Intelligent Assistants

3.2          Robotics

3.3          Home Networks and 5G Technologies

3.3.1      Wi-Fi 802.11ax

3.3.2      Mesh Networks

3.3.3      Impact of 5G Technologies

4.0          Barriers to Adoption and Market Opportunities

4.1          Interoperability and Standards

4.2          Fragmentation and Smart Home Platforms

4.3          Power Consumption

4.4          High Solution Costs

4.5          Data Privacy and Security

4.5.1      Blockchain as a Solution

5.0          Companies Positioned for Success

6.0          Implications and Recommendations

7.0          Appendix

7.1          Glossary

7.2          Index

7.3          Image Sources

Companies Researched for Report
Smart Home Device Ownership (2014 - 2018)
Average Number of Smart Home Devices Owned
Adoption of Smart Home Devices (2014 - 2018)
Average Number of Connected Devices per U.S. Broadband Household
AI Simulating Human Intelligence
Appeal of Home and Personal Security Use Cases
Forecast - New Smart Home Controller Revenue by Channel (2017 - 2022)
Smart Speaker Adoption (2016 - 2022)
User Interface Evolution
Voice-first Ecosystem
Important Purchase Factors for Smart Home Devices
Platforms Used to Control Smart Home Devices
Impact of Security and Privacy Concerns on Purchase Intentions

Publish Date: 1Q 2019

Pages: 50

Authored By:
Chris O’Dell - Research Analyst

© January 2019 Parks Associates
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