Australian IoT @ Home market to reach $3 2 billion by 2019 embedding smart technology into everyday life

Table of Content

• Australian IoT @ Home market to reach $3.2 billion by 2019 embedding smart technology into everyday life
• Smart speakers drive IoT@Home adoption
• Channel News
• ENABLE HYBRID CLOUD & REDUCE NETWORK LATENCY WHITEPAPER
• Why Achieving Effective Container Security Can be Tougher than You Might...
• Remo 3 promises smartphone command of any infrared controlled device

Through intensive device testing in its labs and real-world experience with manufacturers, Procell® discovered a way to extend alkaline battery life. By developing device-specific industrial alkaline batteries with unique power profiles, batteries can last significantly longer. In the long-term, smart connected appliances are expected to be the longer-term IoT@Home market driver beyond 2020, making up around 40 per cent of the industry’s annual revenue by 2023.

The research also found that among people looking to spend to make their home smarter, more than 40% of their budget is set to be spent on improving energy efficiency or making the home safer. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. We have sourced the most reliable and cost efficient solutions from around the world to provide the very best in smart home solutions, and work with our clients to understand their needs. The sum of its parts -For a truly automated and intuitive experience, your smart home needs to be viewed as the sum of its parts.

Australian IoT @ Home market to reach $3.2 billion by 2019 embedding smart technology into everyday life

Telsyte estimates that by 2019, the average household will have 24 Internet-connected devices, up from nine in 2015. Telsyte tests a wide range of products and services in real life usage scenarios to help estimate potential demand and evaluate the market’s competitive landscape. Devices such as security monitors are increasingly technology focused and the number of battery-powered devices will continue to grow. The Internet of Things has made it easier than ever to set up smart security systems in homes that can be controlled remotely with an app.

“FY20 is forecast to be NBN Co’s most significant year of activations with two million new homes and businesses expected, bringing total activations to 7.5 million. They further predict that’s only set to rise rapidly in the immediate years to come, with the estimated value of the market climbing to approximately $4.7 billion in Australia by 2021. "Lock-in and ripple effects of Apple's ecosystem amongst Australian families are too big for IoT@Home manufacturers to ignore," Telsyte senior analyst Alvin Lee said. The material in this article is copyright protected and not intended to be altered, copied, distributed or used for any commercial or non-commercial purpose, except for news reporting, comment, criticism, teaching and scholarship.

Smart speakers drive IoT@Home adoption

That means considering the ecosystem it will operate within and ensuring all devices can be controlled through a central hub. If you’re looking to embrace the smart home movement, it’s important to note a truly automated home isn’t just about connected appliances. By 2020, 8.1 million will be connected and the complete quota of 11.7 million homes will be ready to connect. In their 2018 Australian IoT@Home Market Study, Telsyte found the smart home market had increased by 55 per cent in 2017, reaching a value of $583 million. Last year, Telsyte said that IoT adoption in the enterprise is gaining momentum in Australia, with nearly a quarter of Aussie organisations in the test, development, or production phase of IoT. Procell® is supported by a B2B-dedicated multifunctional team with decades of expertise in the B2B battery category.

The Australian Internet of Things at home (IoT@Home) market grew 55 per cent in 2017, reaching $583 million, according to new research from technology analyst firm, Telsyte. And we haven’t even mentioned the potential workplace applications for smart glasses — seen by many as by far the largest market for the technology. Telsyte also said support services would be most important for sophisticated devices such as smart intercoms and smart locks and other smart sensor-based products such as smart water taps. The increase of more than 30% — from around four million households in 2017 — was primarily due to surging adoption of smart speakers.

Channel News

Technology analyst firm Telsyte has today released some interesting data revealing the rise of an emerging market referred to as the “Australian IoT@Home”, which has grown a whopping 55 per cent over the course of 2017. Additionally, IoT@Home services will form a growth area with currently a third Australians “interested” monthly subscriptions such as home security monitoring and energy monitoring and optimisation services, the report said. Telsyte estimates around half a million Australian households currently own a smart speaker, up from less than 10,000 in 2016. I’d suggest that this is really doing smart glasses an injustice and barely scratching the surface of their real potential, although there have been many suggestions that this potential lies in the workplace not the consumer market. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner , the ABC and AAP-Reuters.

He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank . Google remained the leader in the smart speaker market in 2018 with more than 70% of the main smart speakers sold being the Google Home series. Gartner had predicted that globally there would be 8.4 billion connected devices by the end of 2017, outnumbering the world’s population.

Australia’s Internet of Things at home market grew 55 percent in 2017 to reach AU$583 million, according to Telsyte, driven by a rapid uptake of smart speakers and increasing internet connectivity for appliances such as air conditioners and security cameras. Australia's Internet of Things at home market grew 55 percent in 2017 to reach AU$583 million, according to Telsyte, driven by a rapid uptake of smart speakers and increasing internet connectivity for appliances such as air conditioners and security cameras. “Building connectivity into consumer products will allow manufacturers to develop new business models and provide intelligent services that not only change consumers’ lifestyles, but disrupt a number of traditional industries”. Growth is expected to be seen in the categories of smart energy, smart security, smart lifestyle, and smart hub devices.

“The natural extension of this is for sellers to look at technologies that can generate greater convenience than current eCommerce experiences and IoT@Home technology is a key enabler,” the report said. The Epson smart glasses were also being used at the opera to display the English language surtitles commonly displayed above the stage – with the advantage that the wearer does not need to take their eyes off the performers to read the words. Cloud adjacency provided by colocation facilities can enable you to leverage their low latency high bandwidth connections to the cloud as well as providing a solid connection back to your on-premises corporate network. Hybrid cloud promises to bring together the best of both worlds enabling businesses to combine the scalability and cost-effectiveness of the cloud with the performance and control that you can get from your on-premise infrastructure. "Getting everyday info" overtook playing music as the most frequently used daily smart speaker application in 2018.

Behind smart connectivity is a reliable internet connection, and the NBN notes it’s on track to have all Australian homes connected by the deadline of 2020. In the process the number of connected devices in Australian home will more than double from 171 million connected devices in 2018 to 381 million in 2022. Australia's virtual reality headset market grew 40 percent in 2017, the research firm said, led by market leader Sony, which benefited from selling VR as a PlayStation 4 accessory. Gartner estimates that worldwide IoT security spending is set to climb this year in light of an escalation in attacks targeting IoT devices.

Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. “Lock-in and ripple effects of Apple’s ecosystem amongst Australian families are too big for IoT@Home manufacturers to ignore,” Telsyte senior analyst Alvin Lee said. Go with the pro’s – Professional installation ensures you ecosystem will operate intuitively and all your devices can connect and communicate with each other. Lay solid foundations – When laying your smart home foundations, look at what you’re trying to achieve. Consider how you want your home to assist your lifestyle, and then map out the features that most matter to you. The basis of a connected and automated home that operates now and into the future involves creating a smart ecosystem.

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“By the end of FY19, more than 80 per cent of Australian homes and businesses are forecast to be Ready to Connect to a service over the nbn™ access network. A further 1.9 million are projected be added to the footprint in the nbn™ network’s final year of construction. Smart lifestyle products are those designed to simplify your lifestyle, such as automated blinds, garage doors, and connected whitegoods. The new device could be used for augmented reality applications, and could be simultaneously connected to multiple devices. Global IoT spending will reach nearly $1.4 trillion, according to IDC, led by enterprise investments IoT hardware, software, services, and connectivity.

And, the smart energy segment is now worth more than one-third of the total IoT@Home market by revenue. Telsyte said these “invested” IoT@Home adopters were more likely to be younger families and tech enthusiasts who have a range of consumer devices, such as drones, VR headsets, and location tracking tags. The communication factor – Although appliances may feature wireless connectivity, they can speak different languages . Consider the benefits of each language and pick a protocol you intend to run with throughout your smart home. At Lera our preferred connection type is the mesh network Z-Wave, as it increases in strength as more components are added, and features state of the art security.

“This surge in smart speaker adoption is expected to lay the foundation for demand for other IoT@Home products. Telsyte research shows smart speaker users are twice as likely to purchase other IoT@Home products compared to non-users. Telsyte also predicts smart speaker adoption to "lay the foundation" for consumer demand for other smart home devices. Telsyte believes a number of factors will drive market growth including the arrival of new products and services, but importantly the market is set to naturally evolve as Internet connectivity is baked into many existing products and services. While other battery brands serve both retail and professional customers, Procell® only focuses on the professional market to guarantee products and services specifically designed for device-specific usage. Procell® batteries can be used in a number of smart home devices including smart security monitors, smart alarms, smart motion sensors, smart intercom and lock systems.