As a smart home company, which areas should you focus on most?

Enterprises should pay attention to and seize the new opportunities in the current development of smart homes. For emerging smart home startups, entertainment, security and smart kitchen equipment will be the most promising areas.

The best development opportunities for smart home companies have arrived. According to a survey by the authoritative U.S. website Statista, the usage rate of smart home IoT devices by American households will reach 53.9% by 2023, which means that the field will continue to maintain a development growth rate of 20% in the next few years. So, what profound changes are about to take place in smart home automation? As a smart home startup, how should you seize the opportunities and respond appropriately? According to the survey results, the following areas will be what you need to pay special attention to.

Statistics show that in the next few years, the three core areas of smart home equipment, security systems and IoT control equipment will account for a huge proportion and bring huge economic benefits. As the pace of life accelerates and work pressure gradually increases, people tend to adopt more convenient and time-saving methods to manage their family life. Therefore, in the near future, simple and practical IoT devices will continue to maintain large consumer demand.

If you are still hesitating about the direction of starting a business, any of the above fields will be a good choice. Next we will take you to a deeper understanding of these areas with huge development potential.

IoT voice control device development

According to the survey, 72% American citizens hope to have voice assistant functions built into smart home devices, which means that the field of voice control will have a huge consumer group that cannot be ignored. Of course, it’s not just smart home assistants. Microwave ovens, cleaners, TVs, and even clocks will all have built-in voice assistant functions in 2020.

It is foreseeable that direct interaction with IoT devices will greatly simplify people's daily household tasks. Users usually only need to issue simple commands to carry out basic household needs such as laundry cleaning, clock setting and room cleaning. In addition, connecting smart TVs, smart speakers, and wearable devices to voice assistant systems is also an urgent need for users.

The above facts show that capital investment and equipment development in the field of voice control IoT will be a very good development direction. For example, you can develop and provide some new functions so that users can complete basic life needs such as cooking, cleaning, and playing and interacting with children without having to do it themselves.

IoT security system development

Statistics show that about 75% home buyers hope to add smart smoke detectors to their new homes, and 66% users are willing to install security cameras at home.

Home security is a greater concern than ever before. People often want to know when uninvited guests will arrive and quickly control the corresponding safety equipment to respond in an emergency. Due to this need, we can often see similar smart camera and video doorbell devices on the market. It allows users to promptly detect the arrival of uninvited guests through video surveillance equipment and take action when necessary.

However, there are three main problems with existing security systems: they are difficult to install, they are expensive, and they cannot fully meet customer needs. Nowadays, intelligent security systems that integrate surveillance cameras, temperature control, air quality detection, and even video or audio applications have become an urgent need for people.

So, why not respond to this demand in time?

If you own a smart home company, developing an IoT system with advanced control capabilities would be a very promising option. For example, you can develop a completely new system that allows users to directly control heating, energy, air quality, security and other facilities through just one application. In addition, special attention should be paid to the security issues of IoT systems. Of course, with the emergence of smart monitoring functions, an online interconnected IoT system can often accurately identify homeowners and strangers.

IoT lighting system development

Rising electricity bills have become a major concern. Correspondingly, smart lighting products such as WIFI smart switches, light control sensors and dimmers are becoming more and more popular.

In fact, smart lighting is the first key entry point for home automation. Even if users haven’t installed any IoT devices yet, they tend to prioritize a connected lighting system. Since most IoT lighting systems are easy to install and do not require any modification of the home environment, they are gradually favored and used by the majority of tenants. This will be a large base of potential customers.

Therefore, it would be a good choice to pay attention to this application market and develop some new devices and functions. Additionally, we recommend focusing on aesthetic considerations in IoT system development. Because today's people are no longer limited to energy-saving lighting needs, how to balance fashion and beauty has become another essential element. Therefore, when developing and investing in the field of IoT lighting systems, we must not only ensure the practicality of the system, but also take into account aesthetic design requirements.

Smart kitchen IoT solution

The kitchen is currently a major gap in the development of smart home Internet of Things. Although there are many designs and ideas about smart kitchen homes, few have actually been put into action and applied in practice. Therefore, if you are considering a promising direction in the field of IoT system development, kitchen automation will be your best choice. The potential for development in this area will be huge.

For example, you can:
1. Help consumers eat healthily (by counting fat, carbohydrates, etc. in food).
2. Reduce the waste of water resources (the waste of water resources in the United States is of greatest concern, and smart pools are still rare).
3. Assisted cooking and recipe recommendations (automatically set the optimal temperature of cooking utensils, cooking time, etc.).
4. Shopping agent.
5. Organize and clean the kitchen.

Just avoid the congestion problem caused by too many functions in the development of IoT systems. In short, it should satisfy people's two major needs of practicality and ease of use. For example, allowing users to directly control kitchen equipment through voice or an intuitive user interface.

For example, let's say you want to cook a dish. You can first ask the smart assistant for the necessary ingredients, and the connected refrigerator will automatically check whether you have all the ingredients. If necessary, the system will order it on your behalf. In addition, the oven will automatically set the optimal heating time and heating temperature. Of course, you can also monitor and record the entire cooking process through the kitchen camera equipment.

Automobile and smart home interconnection

According to reliable statistics, 152 million cars will be connected to the Internet by 2020. It can be seen that cars have been deeply integrated into people's daily lives, so developing some cool in-vehicle products to control smart home devices will be a good option.

For example, it allows users to control home appliances directly from the car dashboard: turn on the oven to cook on the way home or prepare the necessary ingredients to fill the refrigerator. In addition, the car's built-in temperature sensor can also be used to detect whether the temperature is cold and turn on the indoor heating in advance, or help prepare for bathing.

In fact, this change has already begun quietly: BMW, Hyundai, Mercedes-Benz and Toyota have all begun using Alexa for remote car management. Users no longer need to leave home to check tire pressure and fuel readings; instead, they can do so at home.

These features have proven to be very popular among customers. Therefore, you can go further in this field and develop some new products that are more impactful.

Entertainment Internet of Things Development

In life, you may see a variety of smart home IoT devices such as smart voices and smart TVs everywhere. You may be thinking, "How can I survive and develop in this highly competitive market?" It is worth mentioning that, The application market field of entertainment Internet of Things is always in the stage of rapid update and will not stop.

For example, users are constantly pursuing higher-quality wireless audio systems. People also want IoT devices to be unobtrusive and easy to use. Gesture-controlled and voice-controlled IoT devices such as those hidden on walls or ceilings will continue to remain popular.

Of course, you can also consider building an IoT system that integrates audio, video equipment and lighting control. It is more popular among users because it provides a seamless user experience. For example, you can develop an IoT system that also has lighting adjustment, video playback, and audio control.

Another trend is immersive experiences using new technologies (3D/4D, AR/VR or others). Immersive technology has yet to reach its full potential, and will be a popular area for future IoT development projects, as the user base that understands the technology is still evolving.

The future of smart home companies

No matter what your field of development is, an IoT device or system should be designed to solve your customers' problems or satisfy their needs. The first thing to consider is how to make your product more practical, easy to use and intelligent so that users are willing to use and enjoy the process. Also, make sure to find a reliable IoT development company with extensive technical experience. This way, you avoid building overly complex connectivity systems and can focus on developing more useful products.

Original author: Dana Kozubska

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