Why Xiaomi, Huawei and Alibaba are all bullish on smart home?

What's most important in the 21st century? Enjoying a high quality of life can be counted as one of the most important things. We live in a high-tech era, technology can bring a lot of convenience to our lives. In recent years, there have been numerous smart products, smart TVs, smart refrigerators, smart cameras, smart washing machines and so on....... Smart home has begun to quietly penetrate into all aspects of our lives.

Since Google's acquisition of Nest in 2014, the smart home has seen explosive growth. Including Haier, Midea and other traditional home appliance companies, millet, Huawei and other communications equipment companies, as well as BAT, Jingdong and other Internet companies have entered the smart home market, at the same time, smart home startup teams are also like a spring in the spring, and by the capital of the pursuit. Large companies want to divide the cake of smart home around their own big data, and small companies based on the market also want to get a piece of the cake. So why is the smart home so favorable?

Data from the Ministry of Industry and Information Technology shows that smart home products have been penetrating into every one of our homes, and the scale of the industry has reached hundreds of billions of dollars, and China's smart home market has gradually become the center of gravity of the growth of the global smart home market. It is predicted that from 2012 to 2020, the annual growth rate of China's smart home market will reach about 25%, and the smart home market scale will reach 357.6 billion yuan by 2020. The data source of the chart below is quoted from the "2016-2022 China Smart Home Market Operation Situation and Investment Outlook Report".

It can be seen that the development potential of the smart home industry is huge. With the continuous development of the Internet of Things, cloud platforms and big data, smart home is moving from a single fragmented product towards systematization and platform development, and the smart home system is gradually improving. The current market smart home products are very rich, smart door locks, smart curtains, smart routing, smart gateway, smart box, smart TV, smart sockets, smart bulbs ...... smart home is oriented to human needs, tends to be service-oriented.

Not only that, with the rapid development of fiber-optic broadband upgrade, the smart home will also show explosive growth. 2013 the Ministry of Industry and Information Technology issued a mandatory regulation, the new community must be fiber to the home, while having access to the ability of multiple operators. The Ministry of Industry and Information Technology's initiative to increase the share of fiber to the home, for the accelerated popularity of the smart home to lay the technical foundation, but also to improve the market share of the smart home to provide the necessary conditions.

Currently, the three major operators have accelerated the pace of smart optical width. For example, since the second half of last year to date, China Telecom has carried out gigabit broadband access services in Shanghai, Anhui, Beijing, Guangdong and other places across the country. in early 2017, China Telecom officially released a new standard for intelligent fiber optic broadband: intelligent optical broadband products will start with 100 megabytes, led by 1,000 megabytes, to provide applications such as Skywing HD, Skywing Intelligent Grouping, and home cloud, to promote the industry chain to meet the demand for intelligent information services.

With the launch of gigabit optical broadband access services, the era of intelligent life will also be fully opened. Like Anhui Telecom's newly launched Love Home Ten Ten package, based on the Tianyi gateway and 4K Ultra HD set-top box to provide users with intelligent networking, Ultra HD TV, home cloud, Tianyi want home and smart home services, so that users can enjoy a smoother and more convenient smart life.

Although the smart home has just started in China, there are still many imperfections, but we believe that with the maturity and development of the Internet of Things, cloud computing, artificial intelligence and other technologies, the smart home will certainly develop into a smart and mature model of our ideal. In the future, the application of smart home scenes may be based on safety, health, convenience, to the family medical, energy saving and environmental protection scenes continue to expand, smart home products will go into every corner of home life.

In short, the prospect of smart home is beautiful, the market is bright, diggability is infinite.