The Internet of Things is constantly evolving and currently developing in directions that were unimaginable over a decade ago. Smart home, which involves around the IoT, is also making headway to various markets on a global scale. Perceiving such trend, SMAhome hosted today its second round of discussions with leading experts and industrialists in Taiwan regarding smart homes ongoing developments and outlook for 2015.
SMAhome Editor-in-Chief Veronica Chen presided over the seminar by providing a quick cap on the events that occurred throughout the year, with a range of topics that cover significant developments in the smart home and major buyouts amongst the players on the field.
Chen offered a blueprint for the market that focuses on seven key elements:
1. DIY market advancement
2. Distribution base
3. IoT emergence and platform divide
4. Telecommunication carriers
5. Buyouts and acquisitions
6. Choosing sides and standards
7. Tech convergence and cooperation
While discussing these moving trends, she pointed out that smart locks are quickly gaining ground across the smart home spectrum, a promising prospect that is foreseeable in the next five years. On further note, new technologies can be employed to provide users with improved experiences and will help us create future technologies that change the way we live, Chen said.
SMAhome also provided an in-depth review of this years IFA show in Germany and Cedia Expo in the US, both of which generated positive experiences amongst those who attended the events. Chen explained the characterization of unconventional retailers that have entered the smart home market and the emphasis on the features desired by foreign buyers, with respect to the purchasing habits of local consumers.
Taiwan makers should explore and focus on consumer needs and related trends. This would allow brand values to be delivered to customers and the general public in their original form, regardless of which standards or technologies are used.
Companies that attended the seminar include: Taiwan Secom, Baycom, Metalligence, Dynacolor, Compro, Wuunet, Sercom, Grain Media, TouchLife, Tranliter, and Assmann.