Technology has become an important part of modern life. From tracking health status to depending largely on home appliances, and staying digitally connected, we are actively engaging with technology on daily basis. With all the technology around us, it becomes difficult to choose the best one. Most of the consumer electronics are inspired by science fiction and now have appeared as a reality. For example, Nest Thermostat is a product that learns when you like your house to be cold or warm and adjusts the temperature accordingly, moreover, it is accessible from a smartphone app that includes all options.
Consumer electronics market will continue to rise in Asia Pacific and the growth in demand in this market largely depends on offering maximum features at lower cost. Meanwhile, wearable electronics and smart home devices are gaining popularity and presenting a plethora of opportunities for manufacturers.
Here are few trends in consumer electronics that are expected to help the consumer electronics industry grow by leaps and bounds
Artificial Intelligence (AI)
Artificial intelligence is slowly capturing the market for consumer electronics, leading to automation of appliances. For example, in recent years, voice-activated AI has become popular among users, creating intuitive user experience. One such device is Amazon’s Alexa – it answers questions, plays music, controls smart devices and works with other applications. More such devices are being developed that could completely transform your lifestyle. Companies are also looking forward to including Deep Learning, which involves analyzing data collected by smart devices and providing feedback.
Most of the built-in appliances involve sensors and Bluetooth connectivity. Built-in appliances are more popular in the kitchen. These built-in appliances include multifunctional stove, convertible dining table. For instance, recently Samsung introduced Family Hub 2.0 refrigerator with voice technology and app integration and provides multiple features that make it easy for the user to multi-task. Changing lifestyle and rise in demand for smart products that makes it easy to perform everyday tasks is fueling the demand for built-in appliances.
App controlled gadgets
With majority consumers spending on smartphones, the market for smartphones will be showing tremendous growth, followed by tablets and smart TV’s, says the latest FMI study. Companies are developing and providing home appliances that are integrated with mobile applications. With this, user can activate and control devices at home with just a few clicks. Adding cherry to the cake is internet connectivity, this allows users to remotely control appliances without being physically present.
With government taking initiatives to save environment, companies are also focusing on developing and designing products that use minimum energy and have less impact on environment. Consumers being aware of the impact that emissions from home appliances have on the environment, there has been an increase in demand for eco-friendly products and to meet this ever-growing demand, manufacturers are designing products using renewable materials with certifications and validated by known quality marks such as ecolabels, which depicts to what extent product will impact the environment.
Considering all the above trends, new types of home appliances are being developed which are lightweight, requires less maintenance and are easy to use and offers convenience.