Size of nearly 140 billion within five years

        With the rapid development of Internet of Things technology, household appliance networking will be an irreversible trend, and the era of smart home is irresistibly arriving. Since the shortage of vitality and weakness in consumer electronics innovation represented by smart phones and tablet PCs, Ping An Securities has declared that smart home will lead the next wave of trend in electronics industry, market space will be no less than trillion, and the investment prospect will be very bright. 2012-2020 China-smart home market development trend and investment opportunity analysis report from Juniper Research, a wireless technology research institution in Hampshire England predicts that China's smart home market will reach 139.6 billion yuan by 2018.

Enterprises madly entering the market

        The industry veterans analyze that Internet of Things will activate 500 billion markets. Internet of Things and cloud computing projects have been launched everywhere to bring infinite expansion space to smart home. The domestic and foreign smart home enterprises have engaged in building smart home products to enhance their competitiveness and gradually gain the consumers’ awareness. China's local Security Company, Household Appliance Company, Operator and IT Communication Company collectively join the manufacturing and development of smart home as well. The existing application of smart cloud equipment upgraded by cloud computing, cloud storage and other technologies has many application advantages of mass storage, remote control, software update and unlimited content expansion, which have been generally accepted by consumers.

        In early January of this year, Google Inc. announced a $ 3.2 billion deal to buy Nest Labs Inc., which is considered to be a landmark event on the history of smart home development. It is expected that Google Inc. will launch a series of smart home products in the future and bring these products to all corners of the world by enormous sales channels.

        Changhong, Hisense, TCL, Konka, Skyworth and other household appliance manufacturers in China keep up with the hot points of smart home products, begin to largely enter the smart home field and introduce smart home products to compete for market share, while Haier has introduced a set of smart home system.

        Millet router was officially released on April 23, 2014. Millet router is positioned on the entrance of smart home. Four positions of millet router-best router, household data center, smart home center and open platform have been planned since the project approval. Millet will provide smart socket, smart camera, smart remote control and other smart accessories in the future. By entering smart home market, millet jointly with China Resources Land is planning to build CR•Wan Oak House- a high-end residential project located in Haidian District, Beijing into Millet's first smart home experience platform as millet smart home demonstration and experimental site and cooperatively explore the development and direction of smart home in the future practical application.

        On the evening of May 22, Qingdao Eastsoft Communication Technology Co., Ltd. announced that the Company has signed The Investment Agreement with Qingdao Longtaitianxiang Communication Technology Co., Ltd. Eastsoft Communication will invest its own fund 19 million yuan in Longtaitianxiang. After that, the registered capital of Longtaitianxiang will be increased from 18 million yuan to 37 million yuan. Since the completion of investment, Eastsoft Communication will obtain 51.35% share of Longtaitianxiang. Longtaitianxiang is positioning as smart community and smart home comprehensive operator, the main products include household and SME intelligent gateway device, smart community multimedia operational service system with the core of smart home and so on. Eastsoft Communication expressed that the Company has held Longtaitianxiang through the investment to establish PLC smart home products in the form of consumer products and direct user-oriented marketing channels. The advantage of Longtaitianxiang channels should be forwarded by smart community multimedia operational service system to promote rapid realization and commercialization of application products. The intelligent gateway with embedded PLC communication module should be rapidly spread starting by television and broadband users’ rigid demand to promote the branding, market-oriented and ecosystem system construction of communication technology in smart home application and ultimately realize that PLC smart home products and commercial model will be an exemplification of other industrialization channels and promote the replication and expansion.

        At present, even WeChat gradually begins to cooperate with smart home to push forward smart home. For example, Haier has developed the WeChat air conditioning and so on, while WeChat will remotely control the switch and temperature instead of remote control. Skyworth has launched the WeChat TV with voice search, advanced search, HD cinema and one key collection etc. The first practical luxury house smart club HDL Smart Experience Center in mainland Panyu Guangzhou shows the newly developed HDL-wLife (WeChat) smart control platform. It is reported that HDL-wLife smart wLife platform has successfully connected WeChat platform with smart home control to realize that simple command sent by WeChat can control the whole smart home.