Wisdom Eyes and Europe: France, Create a New Experience of Smart Home

Carrie Liu, Country Manager of Tuya Smart France, pointed out in his speech that according to Statista data, the revenue of the European smart home market is expected to reach 2.176 billion U.S. dollars in 2021, and the market size will reach 3.837 billion U.S. dollars in 2025, with an average annual growth rate of 15.2%. In the field of energy management, the home penetration rate of smart devices will reach 17% in 2021. In the smart home market, the average contribution income of each active family will reach approximately $425.
Carrie Liu pointed out that the French smart home market has grown by 288% in 2020, and the cumulative number of activated devices ranks among the top four in Europe. The number of newly activated devices in the last 30 days ranks third in Europe, second only to Germany and the United Kingdom. Similar to other EU countries, smart lighting and electronic devices account for the largest share of the country’s smart home market.
Linda Jinli BELY, Managing Director of Senya International SAS, shared her views on the development of smart homes. In the past few years of development, the concept of smart home has gradually focused on focusing on user experience, improving safety, ease of maintenance, and remote control. The real interconnected ecosystem is gradually becoming familiar with users’ behaviors and pace of life, so as to better adapt to users’ living habits and meet everyone’s needs. With the steady development of device connection technology and the widespread application of smart phones and tablet computers, smart home devices will become more and more popular. Among them, home appliances that can be connected to the Internet have penetrated into the homes of ordinary people.
Bruno Vulcano, chairman of the Zigbee Alliance, focused on analyzing the market size of Zigbee technology and BIoT (Building Internet of Things). Zigbee technology has the characteristics of low power consumption, safety, frequency agility, and self-healing. Based on these characteristics, this communication technology is quite attractive to many smart home manufacturers. According to the data he provided, Zigbee now accounts for more than one-third of the smart home wireless sensor network (WSN) chipset market. By 2023, 1 billion Zigbee chips will be shipped worldwide each year, and 4.5 billion IEEE 802.15.4 mesh devices will be sold, of which 85% will adopt Zigbee Alliance standards.
Bruno Vulcano believes that the BIoT market is maturing and users are willing to spend more money to improve the comfort of their homes. Currently, some B2B companies in France are promoting native smart homes based on BIoT. Globally, the market size of BIoT is about 8 billion euros, of which the French market contributed 200 million euros, and the annual growth rate of some local companies even reached double digits.
The new crown epidemic has made people aware of the convenience of smart homes and smart products, which has brought explosive growth to smart home products. As the technology and market mature day by day, the smart home ecosystem will soon settle in every family.