China Smart Home Automation Market on Business Expansion Mode

Published Date : May 07, 2015

In China, the telecom sector is characterized by widespread adoption and application of special environment sensors which has lead to concerns over ramp to the addresses with respect to air quality. Companies such as Baidu, Tencent, Xiaomi, and Alibaba will soon be entering the smart home automation market in China. 

Ongoing industry trends indicate that even though the area of smart home automation systems is still in the initial stages of development in the telecom market, the growth of this segment will be somewhere around 21% from 2015 to 2020. It is anticipated that during this time period, the North America market for smart home automation systems will dominate the overall market for the same. This as a result will lead to a contribution of 46% in the global market. North America will be followed by Asia Pacific and Europe. 

Several well known telecommunication companies such as Cincinnati Bell, Digital Life, Comcast, and Frontier Communications have for quite some time been introducing different types of specialized home services. The main aim of these telecom companies has been to decrease subscriber churn and enhance the average revenue of a single user. Business analysts have expressed that the primary focus of these service rollouts has been on ensuring security. At the same time, this is coupled with widespread adoption of air quality monitors and smart plugs. There exist regional dissimilarities in the device adoption trends in Asia Pacific, Europe, and North America. 

In Western Europe and North America, most residential customers have been seeing the strong utilization of standard security cameras mainly the ones that consist of embedded motion special sensors which apart from being used in the area of home security is also applied in the tracking of any type of indoor activities that might be taking place.