Viomi Technology, in partnership with IDC, Issues Consumer IoT Outlook 2025 White Paper

Information Technology Press Releases Thursday March 7, 2019 16:35
NEW YORK--7 Mar--PRNewswire/InfoQuest
  • Six Big Trends in Consumer IoT Market

7, 2019 /-- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, in partnership with the International Data Corporation ("IDC"), issued a white paper today at the Nasdaq MarketSite. The white paper, entitled "Consumer IoT Outlook 2025," predicts six key trends in the consumer IoT market.

-- Computing capabilities of Consumer IoT devices will increase rapidly. AI + IoT is the key to the future development of Consumer IoT, which is also the core element of smart home devices, and will drive the development of sensing technology, data acquisition capability and decision-making intelligence.

-- Different network protocols will work together as a hybrid network, providing stable and fast connection anywhere and anytime. The development of ad-hoc or mesh networks will help achieve stable and fast connection. In addition, the imminent 5G era will give impetus to connection anywhere and anytime.

-- Edge computing and local storage will be widely used on smart devices, improving computing efficiency and personal privacy. Edge computing based on local storage will improve computing efficiency greatly and the application of local storage on consumer IoT devices will enhance personal privacy significantly.

-- Consumer IoT devices will have more open integration in terms of technology and scenario. Interoperability will be achieved by breaking the boundaries between products, platforms, and applications.

-- Human-device interaction will be more user-friendly and feel more natural. The evolution of interactions will lead to more user-friendly and diversified ways, including but not limited to voice-, image-, face-, and touch-based interaction.

-- Smart devices will soon move into the stage of proliferation, leading to the emergence of related services and applications. The shipment volume of China's smart home device market is expected to reach approximately 300 million units by 2022, growing at a CAGR of 18.9% from 2018, with appliances being the largest segment.

Viomi plans to present the white paper at its product launch event at the Appliances & Electronics World Expo in Shanghai, China at 7:00 p.m. Beijing Time on March 13, 2019. In collaboration with IDC at the event, the Company will share its outlook and insights for trends in the consumer IoT market through 2025.

Photo - https://photos.prnasia.com/prnh/20190307/2393625-1

Latest Press Release

Apacer เปิดโลกการเชื่อมต่ออัจฉริยะในงาน COMPUTEX TAIPEI 2019

Apacer ผู้นำอุตสาหกรรมการผลิตดิจิตอลสตอเรจ ได้เข้าร่วมงาน COMPUTEX TAIPEI 2019 และสาธิตโปรแกรมใหม่ "Welcoming Intelligent Connectivity" แสดงผลงานของ Apacer ที่มุ่งมั่นสำหรับ Intelligent Connectivity, High-end Experts และ The Shape of the Future...

HIS MSC ร่วมงาน Infor Hospitality Customer Days 2019

HIS MSC Company Limited นำโดยคุณภูษิต อรุณรัตนดิลก, Vice President และทีมงานเข้าร่วมงาน "Infor Hospitality Customer Days 2019" กับ Infor ณ Sofitel Bali Nusa Dua Beach Resort เกาะบาหลี ประเทศอินโดนิเซีย ในวันที่ 9-10 พฤษภาคม 2562 ในงานสัมมนาประจำปีของ...

Transcend Launches ESD350C Portable SSD for Breakneck Speeds

Transcend Information Inc., a leading manufacturer of storage and multimedia products, is pleased to announce the release of its new Portable SSD, the ESD350C. Featuring a USB Type-C port and supporting the USB 3.1 Gen 2 interface, the drive delivers...

ST Foundation, a Leading Korea Technology Corporation, Takes Over #MY1EX#

ST Foundation, a leading Korean technology corporation, has taken over "MY1EX", a Southeast Asia Exchange under OKEX, a world-leading digital asset exchange. The corporation is also attracting attention from experts by accelerating its blockchain...

Photo Release: PTTEP unveils AI and Robotics Ventures to drive businesses through innovations

Dr. Siri Jirapongphan, Minister of Energy, presided over the opening ceremony of AI and Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP), which provides cutting-edge Artificial Intelligence and...

Related Topics