April 22, 2021
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According to data from the global market analysis company International Data Corporation (IDC), China’s shipments of smart home devices are projected to account for 36.4 percent of total shipments in 2024 and will rise to 38.4 percent in 2025. This prompted me to investigate China’s competitive environment in greater depth.
Huawei and Viomi are developing smart home systems. These systems come with AI-enabled home appliances, wireless networks, and intelligent centres pre-installed.
Huawei recently implemented a smart home system with prices starting at 99,999 yuan (US$15,384) that includes an intelligent HarmonyOS system and network connections. At the earliest, the smart home system would be available for purchase in June