INTRODUCTION

Guidehouse Insights’ latest report has predicted that the market for smart home technology that enhances the health and wellbeing of residents will grow to almost $10 million by 2031 – a compound annual growth rate of 11.6% from the $3.6 billion market it is today.

The report says that the market is evolving from the smart speakers and lighting that are now part of everyday life, to solutions to improve health and wellbeing, such as indoor air purifiers, consumer-healthy home equipment like CPAPs, and telemedicine.

William Hughes, Principal Research Analyst with Guidehouse Insights, said that this rapidly growing smart homes segment helps healthy people stay well, supports people with chronic issues so they can avoid emergencies, and informs caretakers about any potential crises, so the elderly can remain in their homes as long as possible.

However, the report states that there are several barriers that hinder faster growth in the market, including a wide range of solutions at different price points which can be confusing for consumers, and supply chain problems and a shortage of skilled labour.

This Smart Buildings Supplement brings you the latest from leading companies in the smart buildings industry, including Sonos, Eltako, Webro, BEG, Ledvance, American Audio, Zennio, Prefect Controls and ESP. Read on to find out what they are doing in the smart buildings sector.

I hope you find this supplement informative – look out for our next one in the April issue!

Our next supplement will be published alongside the April issue and will focus on EV Charging. To get involved, or for more information, please contact Kelly Byne at kelly@allthingsmedialtd.com.

The editor and publishers do not necessarily agree with the views expressed by contributors nor do they accept responsibility for any errors in the transmission of the subject matter in this publication. In all matters the editor’s decision is final. Editorial contributions to ECN are welcomed, and the editor reserves the right to alter or abridge text prior to the publication.

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4 Sonos expands support for the installed solution channel

6 Matter will change the smart home market

8 The time to switch on is now

9 Ledvance creates optimal lighting conditions in offices

10 Seen to do the right thing

11 Making kitchens safer

12 Businesses must take ‘immediate action’ as energy support for firms is reduced from April

13 Let’s take this outside!

14

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