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Smart Home Ind. Revenue Forecast to Quintuple 2014-2015 to US$7.8 Bn.

Dec 11, 2014 | By Ken Liu

Market consultant Topology Research Institute (TRI) of Taiwan forecasts the smart home industry to generate revenue of US$50 billion worldwide by 2015, quintupling 2014's US$7.8 billion, based on wide availability of smart devices and broadband network.

The institute says home-connectivity technology has evolved into smart TV from its original application in digital TV and TV entertainment devices, to  further penetrate security, automation, energy-management, and healthcare systems for homes to constitute smart home network to be controlled via Internet by smart devices as smartphone.

Such promising outlook is expected to create ample business opportunities for Taiwan's connectivity-solution suppliers, including Accton Technology Corp., Sercomm Corp., D-Link Corp., and Gemtek Technology Co., Ltd.

The England-based market consultant, Juniper Research Ltd., even forecasts the industry's revenue to increase to US$71 billion by 2018, mostly driven demand for home automation,  healthcare, and entertainment systems.

These business opportunities will also drive telecom-service and cable TV-service providers to work with smart home solution providers to share the market, according to Juniper.

One Taiwanese chip vendor, MediaTek Inc., has already tapped the market by releasing an energy efficient IEEE 802.11n wireless chip for small smart home equipment as lighting and wall plugs. (KL)

Taiwan's Smart-Home Related Suppliers

TAIEX  code
Company
Product
2332
D-Link
Web camera, smart gateway, home automation
2345
Accton
Home automation, home security solution
2412
Chunghwa Telecom
Digital TV, home security solution
2454
MediaTek
Smart home chip
3045
Taiwan Mobile
Digital TV, home security solution
3380
Alpha Networks
Web camera, digital set-top box
4906
Gemtek
Digital set-top box, cloud computing solution
5388
Sercomm
Home automation, home security solution
Source: the companies.


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