TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Smart Homes

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from ABI Research Media Releases

Smart Homes

Home-grown platforms reinvigorate European smart home market to reach 100+ million by 2022

Via ABI Research Media Releases

Jul 31, 2018

Oyster Bay, New York - 31 Jul 2018

Long challenged to emulate growth rates in the bellwether U.S. market, the European smart home market and its proponents are increasingly finding a way to develop and adapt smart home offerings to suit the specific requirements of the disparate European market. A new study from ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, explores the European smart home market and finds it at a pivotal moment in its development. During the next five years, the number of smart homes in Europe will grow more than threefold to reach 103 million homes, while annual key smart device shipments will reach more than 154 million units by 2022.

Much of that growth will be built through the direct investment and development of European companies who are broadly ahead of their U.S. counterparts in adapting their offerings to the specific demands within Europe and within constituent European countries. “A wealth of European-based smart home providers led by global successes such as Signify (formerly Philips Lighting) as well as more locally focused players such as Hive, Tado, and Netatmo are increasingly offering European-informed smart home products well suited to the specific requirements of the market,” says Jonathan Collins. “Even so, it will be the influence of U.S. giants including Amazon, Apple and Google and in particular, the availability of their smart home voice control platforms with European language support that will really help shape and drive the emergence of the European smart home market over the next few years.”

Attempts to replicate U.S. smart home strategies in Europe have struggled, but the evolution of dedicated European smart home management offerings from telcos including Deutsche Telekom and Swisscom are driving smart home management availability. Telcos including Vodafone and BT entered the smart home services market for the first time this year and over the next five years the ability of these players as well as a growing range of smart home, smart appliance and, even, traditional non-connected home equipment vendors, to grow smart home appeal will be key. “These strategies will succeed for vendors who understand global smart home market dynamics and can apply them in relation to local capabilities,” says Collins.

These findings are from ABI Research’s Driving Growth in the European Smart Home report. This report is part of the company’s Smart Home research service, which includes research, data, and Executive Foresights.

Related Topics
  • ABI Research,
  • Europe,
  • Research and Trials,
  • Smart Homes,
  • Tracker

More Like This

Sustainability

Telenor heralds the ‘society-as-a-service’ age: dystopian nightmare or IT mission accomplished?

Jan 25, 2021

Coronavirus

O2 to help most vulnerable in Leeds with local device donation drive

Jan 25, 2021

Digital Platforms & Services

Augmented Reality total market value will surpass US$140 billion in 2025

Jan 13, 2021

Access Evolution

Just to be clear: Voice is back and all is forgiven

Jan 12, 2021

Digital Platforms & Services

Father of the Web advocates personal data ownership

Jan 11, 2021

This content extract was originally sourced from an external website (ABI Research Media Releases) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:4:29

Great Telco Debate: Live Debate – Day 2 (On-demand)

1:18:20

Great Telco Debate: Live Debate – Day 3 (On-demand)

43:08

Developing an ecosystem for vRAN

2:23

The TelecomTV Snapshot: The Great Telco Debate 2020 - CSP Highlights

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices