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Total Smart Home installed base to reach over 16 billion units worldwide by 2020, Says Semico Research

There are over 70 items within the home that every household can expect to purchase that will include some type of sensor and wireless chip by 2020. This new connected home will include white goods (clothes washer, clothes dryer, refrigerator, dishwasher, etc.), HVAC, lighting, small appliances, door locks, security system, windows and more. The Smart Home market is primed to be a high growth industry with low barriers to entry, which is why a recent Semico report, The Smart Home: Big Brother or Swarm Intelligence?, forecasts the Smart Home market will reach an installed base of over 16 billion units worldwide by 2020.

"These are not the smart homes depicted by shows like The Jetsons, or the wired "smart" homes that have been available since the 60s." says Tony Massimini, Chief Technology Analyst for Semico Research. "Today, the market is becoming predictive with potentially endless applications that can be connected to the 'hive mind' of the home now that the Cloud can take on much of the data load. The barrier to entry is minimal, and we'll be seeing a swarm of little sensors monitoring our every movement."

Semico's research report The Smart Home: Big Brother or Swarm Intelligence? examines the ecosystem of the Smart Home including smart meters, environmental controls, smart lighting, home automation, gardening, and home security.
 

Some of the key findings include:

  • Automation controls will see a 32.5% growth between 2014 & 2020
  • The Smart Home end market will experience a CAGR ('14 - '20) of 28%
  • Total Smart Home shipments in 2020 will reach over 4.6 billion units

Semico's The Smart Home: Big Brother or Swarm Intelligence?provides insight into market dynamics including how crowd sourcing is affecting the market.  The report mentions several key players including:

Control4, INSTEON, Siemens AG, Savant, Apple, Omek, Movea, AirBulb, SnapRays, Ring, LIFX, SmartThings, Almond+, Ninja Sphere, The Pocket TV, Plum, NanoLight, Plugaway, Air Quality Egg, Soap, Nest, AROS, CubeSensors, Air Purifiers, Acuity Brands Lighting, OSRAM, Zuli Smartplug, Belkin, Bose, Sonos, legrand, URC, B.E.G, Droplet, Lono, August, Kwikset, ABB, ADT, AT&T, Broadcom, Freescale, GE, NXP, Texas Instruments, LonWorks, etc.   

 

Semico's The Smart Home: Big Brother or Swarm Intelligence is one of several reports that are part of its Internet of Things (IoT) porfolio.  Other reports in this portfolio include:

Mobile Healthcare: New Technology for a Healthy Lifestyle

What Does the Internet of Things Need to Grow?

The Internet of Things, Augmented Reality, and Sensor Fusion: It's a Brand New World

Aging in Place: The Internet of Things for the Golden Years

MEMS and Sensors in Smartphones: A Market In Motion

MEMS Energy Harvesting: An Early Growing Season

Sensor Fusion: The Elements are Converging

MEMS Market Update: The New Driving Forces 

For More information, contact Rick Vogelei.

Phone: (480) 435 - 8564
Email: rickv@semico.com

About Semico

We are a semiconductor marketing & consulting research company located in Phoenix, Arizona.

Semico was founded in 1994 by a group of semiconductor industry experts. We have improved the validity of semiconductor product forecasts via technology roadmaps in end-use markets.

Semico offers custom consulting, portfolio packages, individual market research studies and premier industry conferences.

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