What is the future of the smart home? Please God

According to the 2016-2021 China Smart Home Equipment Industry Development Prospect Forecast and Investment Opportunity Analysis Report by the Prospective Industry Research Institute, smart home generally covers two levels: smart home and smart community. Smart home refers to the use of the residence as a platform, the use of communications, security, control technology, etc. to integrate facilities related to home life, to build an efficient information management system for residential facilities and family schedule affairs. Smart community is based on smart home, but extends the application scope from residence to the whole community. In addition to the smart home system, the smart community also includes community security system and community intelligent management system.

The second category is out-of-home scenarios, where consumers need one or more smart terminals that can collect personal or environmental information and interact with various scenarios to enhance the convenience, comfort and entertainment of mobile life. These smart terminals will mainly consist of smartphones and wearable devices, and these scenarios may include driving scenarios (interacting with smart cars), indoor scenarios (interacting with smart buildings), and outdoor scenarios (interacting with smart cities).

The market space for smart home and wearable devices is huge. By 2016 global home device sales will reach 5.49 billion units. Among them, connected devices will exceed 1.8 billion units, the penetration rate will reach 33%, while in 2011 the sales penetration rate of connected devices was only 8%. And according to

ABIResearch's forecast, global wearable device shipments will rise from about 54 million units in 2013 to about 490 million units in 2018, of which the exercise and condition monitoring category, mobile medical health

health device category, and the smartwatch category will become the most dominant wearable product forms.