09 Dec RESEARCH PAPER: Resideo Bets On The “Genuine” Smart Home

In 1991, noted technology journalist Walt Mossberg opened his first technology column for the Wall Street Journal with these words: “Personal computers are just too hard to use, and it isn’t your fault.”  Personal computer technology has become easier to use in many respects during the past 30 years, but the same cannot be said about the smart home. Still, with the rise of hundreds (if not thousands) of “smart” solutions that can automate, manage or monitor mundane and trivial tasks in the home, consumers have responded with tremendous enthusiasm and opened their wallets. Research firm Strategy Analytics predicts that global spending on smart home technology will reach $103 billion in annual revenue by the end of 2019, with more than 880 million devices sold.  Half of that revenue will be on smart devices and hardware, with the remaining spent on smart home services, subscriptions and installation fees. Strategy Analytics also forecasts that the smart home market could comprise as much as $157 billion in global revenue by 2023, using an 11% CAGR.

You can download the paper by clicking on the logo below:

Table Of Contents

  • Executive Summary
  • Problem Statement: The Smart Home Isn’t So Smart
  • Resideo’s Go-To-Market Approach
  • Closing Thoughts
  • Figure 1: Resideo’s Focus Smart Home Areas
  • Figure 2: Customer Benefits Of Resideo’s Focus Areas
  • Figure 3: Examples Of Resideo Hardware Solutions
  • Figure 4: Smart Home Brands Supported By Resideo

Companies Cited

  • ADI Global Distribution
  • Amazon
  • Apple
  • Google
  • Honeywell
  • Microsoft
  • Resideo
  • Strategy Analytics
  • Wall Street Journal