Wisdom of Things promotes the growth of the smart home market and jointly unlocks the great value of the market

From smart locks to WiFi doorbells, a series of new technologies are setting off a wave of “smart homes”. A large number of start-ups focused on Internet home solutions are emerging. With data, hardware and Internet and mobile software, Wisdom has made more and more progress and breakthroughs in security, temperature management and lighting control.

Wisdom of Things promotes the growth of the smart home market and jointly unlocks the great value of the market

By 2023, the Smart IoT smart home market is expected to reach $137.9 billion, with a compound annual growth rate of 13.61% between 2017 and 2023. The growth of the smart home market can be attributed to significant advances in the IoT market, where convenience, safety and security are increasingly needed, and the demand for energy-efficient emission reduction and solutions for low-carbon emissions is increasing.

Although Wisdom has a lot of ideas in the market and the application combination is mature and perfect, the evolution of this market still faces some thresholds. For example, many consumers still cannot understand the concept of “Internet devices”, and early adopters have many needs. A major pain point to solve.

McKinsey surveyed about 3,000 households to understand their views on Wisdom's home, and to analyze the different customer segmentation, emerging opportunities, and key issues for growth in this market.

Wisdom IoT "connected devices" are extending their tentacles to every corner of the family. With the technological advancement of voice control and artificial intelligence, smart assistants have now become a viable control center for smart IoT families. Technology giants and start-up “invaders” have developed solutions that are fully operational through existing equipment and new stand-alone products.

Despite the increasing popularity of device applications, we still have a long way to go from the seamlessly connected smart home vision: we have not seen the explosive growth of the market, and there are still huge value creation spaces for players with advantages and positioning. No matter which consumer group, they are used to solve simple problems when making purchase decisions. The entire platform and ecosystem have not yet fully resonated with consumers.

In enhancing consumers' recognition of smart homes and smart IOTs, Lianhe Group has its own solutions, constantly overcomes the pain points and hopes to “unlock” the great value of the market.

Lianyi Group successfully created the “Scene Day” IP Festival, which not only provides users with intelligent scenes and provides a participatory communication platform, but also presents a new and convenient way for the public to enjoy convenient and efficient living and scene-style shopping experience.

Wisdom of Things promotes the growth of the smart home market and jointly unlocks the great value of the market

Among them, "smart life" and "smart media" are two scenes, users can directly experience all kinds of smart products, bringing consumers a unique new wisdom experience. This refactored people's past behaviors and lifestyles, deepened consumers' resonance with smart homes and smart IoT products, and formed a complete industrial chain for the development of Zhihuihui smart scene application and IoT service platform. More original innovations provide the impetus.

At the same time, it is believed that the development of high-tech intelligent products and equipment driven by the Zhiyi Group will form a high-tech intelligent market with a scale of tens of billions of yuan and create a broader space for development.

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