Home of the Future

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  1. 1. Home of the Future Consumer Demands for a Connected Lifestyle and Ecosystem Expectations Adrian Drozd, Research Director, ICT Jonathan Robinson, Principal Consultant Energy & Environment 23 September 2015 2015 Frost & Sullivan. All rights reserved. This document contains highly confidential information and is the sole property of Frost & Sullivan. No part of it may be circulated, quoted, copied or otherwise reproduced without the written approval of Frost & Sullivan.
  2. 2. 2 Todays Presenter 15 years of analytical experience in the telecommunications and digital media industries, spanning areas including: ICT in vertical markets Telecoms industry dynamics The digital entertainment ecosystem: from device to content delivery Adrian Drozd Research Director, ICT Europe Frost & Sullivan Follow me on: https://www.linkedin.com/pub/adrian-drozd/7/30a/77a
  3. 3. 3 Todays Presenter Focus: Conventional power, renewables, decentralized generation, bioenergy and smart buildings/energy management. Experience: 10 years in the energy & environment sector. Jonathan Robinson, Principal Consultant, Energy & Environment Frost & Sullivan Follow me on: https://www.linkedin.com/in/jonathanserobinson
  4. 4. 4 Register for this Webcast Live Webcast Wednesday, September 23, 2015 10:00am EDT/3:00 pm BST https://www.brighttalk.com/webcast/5567/166781
  5. 5. 5 Focus Points Identify consumer demands for a connected lifestyle Understand consumer challenges and expectations in a Smart Home environment Define the functions that consumers see most value in connecting Outline the level of functional integration expected by consumers Identify new product and service opportunities in the evolving market environment and uncover market blind spots and gaps
  6. 6. 6 Vision of a Connected Home Lighting: Centralised control panels to control lighting around moods and preferences Energy: Pre-programmed temperature control connected to smart appliances sensitive to environmental considerations Security: Use of cameras and automated alarm triggers to manage security centrally HVAC: Control and measurement of air and circulation Health: Responsive and intelligent systems to monitor health and prevent illness or harm Entertainment: Bundled and demand services controlled centrally Connected home is defined as a residential environment embedded with computing and information technology which anticipates and responds to the needs of the occupants, working to promote their comfort, convenience, security and entertainment
  7. 7. 7 Functional priorities are changing: Security (including surveillance and home monitoring) currently has the highest penetration among existing users of smart home solutions, followed closely by connected home entertainment. Functional priorities are changing: Security (including surveillance and home monitoring) currently has the highest penetration among existing users of smart home solutions, followed closely by connected home entertainment. Top Findings An overview of the survey results Cost is king: Despite the numerous benefits that smart home solutions can deliver, cost saving is at the heart of the decision making process. Cost is king: Despite the numerous benefits that smart home solutions can deliver, cost saving is at the heart of the decision making process. Focused opportunities evident in core demographics: Italian and Spanish respondents show the strongest interest in smart home solutions. Focused opportunities evident in core demographics: Italian and Spanish respondents show the strongest interest in smart home solutions. Mobile control: Smartphones are the favored control method for connected home solutions, while wearable devices are already creeping into consumer consciousness. Mobile control: Smartphones are the favored control method for connected home solutions, while wearable devices are already creeping into consumer consciousness. Visibility is everything: Today, energy/utility providers are seen as the leading innovators for connected home solutions by nearly 40% of respondents. Visibility is everything: Today, energy/utility providers are seen as the leading innovators for connected home solutions by nearly 40% of respondents.
  8. 8. 8 Solution scope Functional priorities Demographics Value drivers Business model Control interface Home of the Future Opportunity Evolution Start small, think big Today Future Smartphone, tablet, PC Wearables Subscription-based Innovation is essential to inspire future customers Point solutions Integrated solutions Security, home monitoring and entertainment Heating/cooling control, energy management & Security Under 35s, Tech Enthusiasts, Urban dwellers Mainstream / mass market Fun & Innovation = soft factors Cost Saving & Efficiency = hard factors
  9. 9. 9 www. twitter.com/frost_sullivan Follow Frost & Sullivan on Facebook, LinkedIn, SlideShare, and Twitter http://www.facebook.com/FrostandSullivan https://www.linkedin.com/grp/home?gid=4876870 https://www.linkedin.com/grp/home?gid=4727266 http://www.slideshare.net/FrostandSullivan
  10. 10. 10 For Additional Information Adrian Drozd Research Director Information & Communications Technologies +44 (0) 1865 398699 adrian.drozd@frost.com John Raspin Partner Energy & Environment +44 (0) 20 7915 7814 john.raspin@frost.com