Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, March 07 2019 - 21:12
AsiaNet
Viomi Technology, in partnership with IDC, Issues Consumer IoT Outlook 2025 White Paper
NEW YORK, March 7, 2019 /PRNewswire-AsiaNet/ --

- Six Big Trends in Consumer IoT Market 

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. 

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

-- 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.  

SOURCE  Viomi

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

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