How to Create a Valuable Smart Appliance

摘要

Appliances embedded with sensors, software, and Wi-Fi connectivity are poised for exponential growth, according to recent reports. One study, published by IHS Markit in October 2018, estimated that the global market for smart home devices would reach $116 billion in 2022, representing a compound annual growth rate of 46.8% from 2017. Meanwhile, acceleration in the global market for all things Internet of Things (IoT) has raised the number of IoT devices currently in use to 17 billion, according to an August 2018 report from IoT Analytics.