China and India driving $3T consumer electronics boom, smart home devices growing fastest

MICHAEL DE WAAL-MONTGOMERY for VentureBeat:  Populous countries in Asia Pacific — most notably China and India — are leading a nearly $3 trillion boom in the consumer electronics market between now and 2020, with smart home devices growing the fastest of any segment, according to a new report by Future Market Insights that came out Thursday. Top players in the space include Apple (with its new Apple TV push), Samsung (with its SmartThings Hub announced earlier this year), HP (which just split into two companies this month), LG, Sony, Toshiba, Panasonic, and Hitachi. Basically, we’re talking about any smart device (so most likely Internet-connected) that makes life easier for the average consumer in their home. Nest’s smart thermostat and smoke detector are probably classic examples of the segment, which the report says is growing at a compound annual growth rate (CAGR) of 23 percent.   Cont'd...

New Flight: Despite Hurdles, Drones Are Taking Off

The MPAA (Motion Picture Association of America) spent more than $4M over the past two years lobbying to make it easier for filmmakers to use small drones for film-making.

Consumer Satisfaction in Smart Home Automation Market Rising Slowly though Overall Demand Continues to Drop

Smart Home devices and technology are supposed to make life easier for consumers, but a new report from Argus Insights shows that satisfaction is only slowly rising while overall demand continues the decline as revealed in the Connected Home Demand Report from June. Connectivity has been accomplished, but future success of the market will depend on how smart the products can really be. According to the new data, distrust from consumers about the reliability of connected devices is obstructing growth in consumer adoption and that, along with a steady drop in demand, may lead to a challenging holiday sales season for home automation companies. Argus Insights Smart Home Delight report is available here:  http://www.argusinsights.com/smart-home-delight-2015/ Argus Insights proprietary analysis of 45,000 consumer reviews sourced from around the world from March through August 2015 shows that there is a slow improvement in satisfaction among home automation customers with smart light bulbs and security kits and hubs leading in ‘consumer delight' with the greatest disappointment in the category of security cameras. The report takes a deeper look at consumer response to security systems, in particular Canary and SimpliSafe, and security cameras and the Nest Cam market acceptance. "These devices are still designed more for the Internet of Things than the Internet of Humans. Mainstream consumers were burned last holiday season by installation and reliability issues and though the remaining consumers in the market overall like these products more, the issues that forced out mainstream adopters after Holiday 2014 remain," said John Feland, CEO, Argus Insights. "Our analysis suggests that 2015 may be less than robust for smart home devices."   Cont'd...

ON World: 500 Million Smart Home Wireless Sensor Network Chipset Shipments in 2020

ON World's recently completed survey with 1000 consumers found that 1 in 3 are likely to use a smart home sensing system within the next three years. Of those interested in smart home products, nearly all would like to integrate two or more smart home applications.

Parks Associates: Over 40% of new security monitoring subscribers have a cable or telecom operator as their provider

Residential security market expands with new opportunities in the IoT

Parks Associates: OTT Subscriber Annual Churn Rates show consumers are testing new video services

OTT Subscriber Annual Churn Rates for Netflix, Hulu Plus, and Amazon Prime Users show consumers are testing new video services

Consumer Sentiment Toward Tech Spending Rises in July, According to CEA Indexes

"Consumer sentiment toward tech spending continues its three-month streak, with another increase in July"

New Tech to Drive CE Industry Growth in 2015, Projects CEA's Midyear Sales and Forecasts Report

Emerging categories, smartphones, tablets, TVs, laptops and notebooks add to record revenues

ZigBee Standards Will Be Used in Over 80% of 802.15.4 Unit Shipments in 2020, Says ON World

ON World's recently published report finds that annual shipments of IEEE 802.15.4 chipsets nearly doubled last year and will increase by 550% over the next five years. In 2020, ZigBee standards will be used in 8 out of 10 of the 802.15.4 unit shipments.

Bluetooth speakers drive growth in home audio, says firm

The home audio market (wireless speakers, soundbars, Hi-Fi systems, A/V receivers and speaker docks) grew by 22% to ship 71 million units. Trade value also grew by 22%, generating just under US$10 billion worth of revenues in 2014, according to Futuresource Consulting. Wireless speakers and soundbar shipments exceeded market expectations and accounted for the lion's share, far outweighing the decline in demand for traditional audio devices i.e. A/V receivers and Hi-Fi systems. The wireless speaker market was fuelled by strong growth in Bluetooth speakers in the lower end of the price spectrum and multi-room audio at the premium end. Home audio devices increasingly offer wireless functionality and shipments with this feature grew by 93% from 27 million units in 2013 to 53 million units in 2014. Futuresource said it predicts that virtually all home audio devices will be wireless by 2019.

Parks Associates Report Smart Home Platforms for Health Addresses Connected Health and IoT Opportunities for the Smart Home

Research firm notes investments in connected health likely to increase following Supreme Court decision

Consumer Sentiment on Overall Economy

Tech Spending Dip Slightly in May

Nearly 60% of U.S. broadband households use OTT video services, but "Account Sharing" is prevalent

Industry Leaders Including Roku, Verizon and Sharp to Discuss Streaming Media Strategies at CONNECTIONS™: The Premier Connected Home Conference, May 19-21

60% of consumers self-install smart home devices, but majority of device owners would prefer professional assistance

Industry report examines the evolution of tech support services, processes, tools, and business models in response to the Internet of Things (IoT)

A Bright Future for Installed Technologies: CEA Study Says Tech Becoming a Central Component of New Construction

Four in five builders include structured wiring, home theater and/or monitored security in new home offerings

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