Site icon Brief News

Here’s why Samsung could dominate the smart home

total installed smart home devicesBI Intelligence

This story was delivered to BI Intelligence IoT Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here.

South Korean electronics company Samsung detailed a number of ways it aims to establish itself as a larger player in the connected home in 2018 and beyond at the Consumer Electronics Show (CES) in Las Vegas last week.

The company has a number of advantages over various potential rivals in the space, and with the measured but ambitious vision it’s putting forward, it could be primed to grab a large swath of the market via its managed services in the next few years.

Samsung executives gave a couple of insightful interviews at CES that highlighted the direction the company is moving in for the connected home:

Perhaps more than any other company, Samsung is in a position to combine AI, security, and consumer devices to create a platform that integrates a connected home into a wider ecosystem of personal connectivity. Samsung is a major manufacturer in a wide range of areas, including phones, TVs, appliances, speakers, computers, and it’s working with partners in the car as well. Owning a proprietary AI-powered voice assistant is also a plus, though consumer reaction to Bixby has been mixed.

Additionally, the company has created an open IoT platform that supports devices and services beyond its own, while acting as gatekeeper to maintain quality and security. Competitors like LG boast similarly broad manufacturing portfolios, but that company is only now looking to build a unified connected home platform under its ThinQ brand. As Samsung starts to bring all of its connected devices together and builds on its platform, look for the company to grow in prominence in the smart home arena in 2018 and the years to come.

Nicholas Shields, research associate for BI Intelligence, Business Insider’s premium research service, has compiled a detailed report on the US smart home market that:

Interested in getting the full report? Here are two ways to access it:

  1. Subscribe to an All-Access pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you’ll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. >> Learn More Now
  2. Purchase & download the full report from our research store. >> Purchase & Download Now

Exit mobile version