What kind of business opportunities does this smart homeowner's wind bring?

In the coming period (5 - 10 years), the price of smart products will also decrease as the cost of smart devices becomes lower. By then, families in the middle class and above will have more smart devices, and even low-income families will have smart devices. This will bring new changes to smart homes. If companies can seize the opportunities in this round of major changes, and introduce relevant products and services, they will surely take advantage of innovative digital business opportunities to move to a new level.

In smart devices, many of the power-saving devices are durable durable products that do not undergo frequent elimination. Therefore, it is difficult for the smart-home market to mature in the next decade. However, smart home products are always in R&D and production, which creates enormous business opportunities for a period of time in the future.

There are numerous smart home products, including not only security products that we are familiar with, but also entertainment products and appliances such as Kwong Chien, milk game machines, televisions, refrigerators, washing machines, and even transportation technologies, environmental monitoring and control technologies, and health care equipment.

What kind of business opportunities does this smart homeowner's wind bring?

(1) The demand for power supply devices and storage technologies continues to increase. After all, a single technology cannot dominate the market. Therefore, the important foundation of smart home is still wireless technology, and many devices need to rely on the Yuzu line technology to connect.

So, how to set the standards and protocols for gateways and adapters to connect to ensure that the daily use of network-based wireless technologies (Wi-Fi, Bluetooth, etc.) will be the challenge we face. As we all know, the vast majority of home wireless smart objects we use are portable devices. Although convenient, it cannot affect people's use if they cannot obtain timely and effective power supply protection. It even shuts down due to low battery power. Therefore, this brings unlimited business opportunities to battery manufacturers, power supply devices, and storage technology developers who provide power protection.

(2) The new business model will flex its muscles.

In the Internet of Things 3.0 era, we need to rethink the market, products and services with the Internet's thinking. Otherwise, it will be detrimental to the survival and development of traditional enterprises. For example, the traditional anti-theft alarm systems we are familiar with are becoming less and less on the market, and are gradually being replaced by new cloud home monitoring and security services.

So what is the business opportunity? First of all, this is a brand-new product, which has the ability to increase the product replacement or system upgrade, for example, to continuously upgrade the product software system to improve the user's product experience. Second, it can obtain greater profit margins by increasing operating income and reducing costs. For example, we use a smart vacuum cleaner to determine whether it is necessary to purchase a new dustbag and transmit the data to the supermarket vendor's terminal or the owner's mobile phone. The supplier can then deliver the goods to the customer to make a profit.

(3) The application of data has become a new foundation for entrepreneurship.

In the direction of data applications, as more and more slaves of smart homes negotiate Yuchao, the in-depth excavation and analysis of data will become a new foundation for entrepreneurship. This is the core of the Internet of Things business model.

In addition, advances in home science and technology will help people form new forms of consumption. The opening and sharing of public data will help improve the level of public services. The government should strive to improve the relevant laws and regulations for the development and utilization of big data, actively build supporting facilities, and rely on these technologies to continuously promote social progress and development.