“Gotta Have Soul”: The Connected Home, AI and Smart Systems Get an Injection of “Humanity” – Part II

  • ID: 4243331
  • Report
  • Region: Global
  • 112 Pages
  • Euromonitor International
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The development of the smart connected home will face many hurdles, not least the incredible scale and complexity involved in getting all its constituent parts to operate in unison. That said, the rewards for injecting “soul” into what are still currently very much mundane domestic tasks are potentially vast, but will require system thinking.

“Gotta Have Soul”: The Connected Home, AI and Smart Systems Get an Injection of “Humanity” - Part II global briefing offers an insight into to the size and shape of the Home Care market, highlights buzz topics, emerging regions, countries and categories as well as pressing industry issues and white spaces. It identifies the opportunity zones within home care, analyses leading companies and brands and offers strategic analysis of major factors influencing the market - be they new product developments, packaging/ format /ingredients innovations, economic/lifestyle/environmental influences, distribution or retail pricing issues. Forecasts illustrate how the market is set to change and criteria for success.

Product coverage: Air Care, Bleach, Dishwashing, Home Insecticides, Laundry Care, Polishes, Surface Care, Toilet Care.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Home Care market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.
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  • Elements of the Progress Model
  • Focus on Connectivity
  • Focus on E-Commerce
  • Focus on Analytics
  • Focus on Analytics - Cloud Analytics
  • Review
  • To Follow in Part III
  • To Follow in Part IV
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The development of the smart connected home will face many hurdles, not least the incredible scale and complexity involved in getting all its constituent parts to operate in unison. That said, the rewards for injecting “soul” into what are still currently very much mundane domestic tasks are potentially vast, but will require system thinking.

Connectivity

The complexity across protocols, industries and brand players make compatibility the key ingredient for any capability in smart home. AI should be a rescuer on this, but there are signs that AI may cause as many collaboration issues between brands as it solves.

E-Commerce

Smart Home is no exception to the usual rules on MDA; the emotion is not in the device, the emotion can be found in consumer relationships and caring about what goes INTO the device, whether it is food or clothing. The systems around these wider aspects provide the fertile ground for strategic planning.

Analytics - Machine Learning

The computing power and support infrastructure for smart home, smart grid, smart cities and aging in place welfare are all coalescing, and we are seeing real use cases for large scale infrastructure AI insights from players like IBM Watson. Strategy and logic in mainframe computer structures are surpassing human level for AI. Creativity remains out of reach at this time.

Analytics - Cloud Analytic

The driving algorithms are DNNs and CNNs. There are signs that cloud based consumer facing AI is part way through its next progress on the journey towards near human intelligence, in the form of VIV (now owned by Samsung). There are real-life uses happening now for DNNs/CNNs creating profit. This is growing now.

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