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Frost & Sullivan: Platform Integration across Industries Lays Foundation for Development of Smart Homes in Asia-Pacific

7 pages
Frost & Sullivan: Platform IntegrationFrost & Sullivan: Platform Integration across Industries Lays Foundation for Development of Smart Homes in Asia- Pacific PR Newswire KUALA LUMPUR, Malaysia, March 26, 2014 - Continuous collaboration between stakeholders and with governments in the region will be crucial for further growth Smart homes are no longer a futuristic novelty. Technological advancements, infrastructure expansion, increasing wealth, and decreasing costs are bridging the supply-demand gap for such homes in the Asia- Pacific. Mega trends related to population and urbanization also fuel the smart home market in the region. As a rising population and the emergence of new cities, satellite cities, and economic zones spur construction, high- tech (smart and green) technologies will be incorporated in future buildings. New analysis from Frost & Sullivan, Smart Homes in Asia-Pacific—A CEO's 360-Degree Perspective, finds that the integration of several platforms from multi-dimensional applications and industries will hasten the arrival of the smart home era. Future homes will focus on eco-friendly building materials in addition to the deployment of energy-saving devices and ICT. Major appliance manufacturers, echoing the need for energy-efficient home appliances, are investing heavily in R&D to reduce energy consumption. The continuous innovations in high energy-consuming home appliances will propel the Asia-Pacific smart home industry forward.
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Frost & Sullivan: Platform Integration across Industries Lays Foundation for Development of Smart Homes in Asia-Pacific

PR Newswire

- Continuous collaboration between stakeholders and with governments in the region will be crucial for further growth

Smart homes are no longer a futuristic novelty. Technological advancements, infrastructure expansion, increasing wealth, and decreasing costs are bridging the supply-demand gap for such homes in the Asia-Pacific. Mega trends related to population and urbanization also fuel the smart home market in the region. As a rising population and the emergence of new cities, satellite cities, and economic zones spur construction, high-tech (smart and green) technologies will be incorporated in future buildings.