In this podcast, Anna Moss and Oliver Archer discuss the rapidly evolving smart homes with Tom Faulkner.
Over the next few years, the connected homes market is forecasted to grow substantially. Consequently, technological innovations, the revolution in the availability of customer data and trends across consumer markets towards personalisation drives this growth.
Our experts focus on three themes:
- Comfort: smart heating, lighting, and convenience
- Security: smart locks, cameras, sensors, alarms as well as diagnostics
- Wellness: health care and remote monitoring
Anna and Oliver further discuss new smart home technologies, the businesses offering them, and the future services these technologies could support. Drawing on our Connected Homes Insight Service, our experts also highlight some of the key opportunities in the emerging market. Additionally, they chew through some of the barriers to realising these, and pick out a few examples of innovative businesses and offers already in the market. In the realm of energy supply, we consider whether technologies such as smart thermostats and automation can enable new relationship models with customers as well as create new kinds of value. Furthermore, in wider utilities and insurance markets, we explore how new technologies in the home are improving the customer experience and business operations. Listen until the end of the podcast to hear our presenters favourite smart gadgets!
Below is a 90-second extract from our full podcast on smart homes.
Connected homes insight service
This podcast is a part of our wider Connected homes insight service. It includes our quarterly updates which explore different aspects of the market. Each update will take an in-depth look at an element of the emerging market. It will focus on competitor intelligence, routes to value, and supporting policy and regulatory developments.
For more information on our connected homes insight service, find out more here or contact Oliver Archer at o.archer@cornwall-insight.com.
