There are multiple market researches that put home automation and IOT (Internet of Things) as favorites for high growth, but is this true? What are they based on to project it´s growth? Or is it just marketing to move the market?
We will start by getting in context, Home automation is very old, there are companies that have been venturing into this market for some time.
Then if it´s has been in the market for so long, why it wasn't popular?
Because only a very closed group of people could economically afford to buy this product, there was no explosion in sales, nor massification of this idea.
You might wonder, the reasons home automation didn't become a trend on the market sooner?
It might either due to the technology that was developed at the time and that paved the way for this innovation to occur or the fear of customer’s change, this industry saw the appearance of the internet and how it has life has changed, so much so that most of our day we are consuming services hosted on the web (weather forecast, traffic conditions, music, video conferencing, remote work, movies, and series).
The IoT change our lives forever.
The change in the internet came from just consuming web pages, forums, viewing emails, and consulting information to hosting big data, data acquisition in real-time, high-level processing, billions of connections, and instant transactions.
The Network capacity grew thinking about the access of everyone to the available information and communication in real-time, without thinking about the benefits of having an internet connection in every home, parallel lines were advancing at a good rate.
Mobile phones, up to smartphones, these connected to the Internet by mobile networks or to the WiFi of homes opened new spaces and projections for the use of the network.
What are IoT Devices?
Because IoT devices are electronically simple, ranging from sensors to actuators, they only need the ability to connect to the internet to send and/or receive data, they can be small and low consumption, the Home Automation industry notes in them an advantage over the initial technology, since it makes it possible to eliminate cables and equipment, reducing costs, simplifying processes that in turn facilitates installations, allowing the generation of better offers in the product lines and the appearance of new manufacturers, in this way the jump to enter the category of mass consumption and not too specialized distributors.
How is the current market for Smart Home Automation?
To the same extent, the general public has more confidence on the internet and got used to using it daily, achieving acceptance and support for innovation, with these points I conclude that better years are coming and the quality of life in Homes will be raised by using IOT devices and complete systems with the U-WIGO and U-NIV3RS3.
I don’t know if you are familiar with the CES exhibition, “this is the most influential tech event in the world — the proving ground for breakthrough technologies and global innovators. This is where the world’s biggest brands do business and meet new partners, and the sharpest innovators hit the stage.” Here you can find new technologies, hardware creations of small or new tech companies along with bigger names as Samsung, GM, Microsoft, and so on.
Luis Mindiola – Mechatronic Engineer
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