Thursday, February 7, 2019

IOT - Price Calculator

More than one request has been made for a price target calculator that includes smart speakers. (or for specifically smart speakers.)

This would be primarily to see the market potential of MicroVision's Interactive display.

There aren't many years of data to establish any kind of trend of only smart speakers, which makes this kind of thing problematic.

It's also too limiting. 


Many of the devices in the "Internet of things" are going to be excellent places for interactive displays: Like the smart thermostat as an example. What used to be a coil of metal with a mercury switch now has the brains of a high-end 1990's PC -- and when you can crunch that much data, it begs for a display. When you have that much intelligence on a thermostat, you can connect it to your calendar, program your days off, or set up profiles for events. Some way of programming this remotely may be common, but a way to adjust it at the source would be very useful, and desirable.

How big is the internet of things going to get? It's going to get probably gigantic, and where it goes is anyone's guess. There are a lot of strange connected devices, and nearly anything that is connected might be wanting for a screen & controller. Easier to design and manufacture than adding buttons, and complex button patterns. (Short list from the linked article: Toothbrush, flip-flops, luggage, camera for dogs, salt shaker, umbrellas, trash cans, mirror, condom(yes, sorry), toaster, liquor decanter, wine bottle, fork, etc.

Ikea is going to be launching smart blinds -- I think smart blinds are going to be very popular soon, because they could help regulate the temperature in a home, save energy, and make a place more livable.


If we take Gartner's numbers and assume that we're going to add 12 Billion smart devices in the next year.... and we get 1% adoption of smart displays in those 12 billion devices -- that could be 120 million interactive laser displays in use.

If half of them are "smart speakers" and adoption is stronger than 1% of those, the number could be much higher.


Interesting new things could appear from nowhere -- remember the smart speaker, is a very new product category, and all of a sudden everyone seems to be competing in the space. 


ZDNET

Big and getting bigger -- there are already more connected things than people in the world. Analyst Gartner calculates that around 8.4 billion IoT devices were in use in 2017, up 31 percent from 2016, and this will likely reach 20.4 billion by 2020. Total spending on IoT endpoints and services will reach almost $2tn in 2017, with two-thirds of those devices found in China, North America and Western Europe, said Gartner.
Out of that 8.4 billion devices, more than half will be consumer products like smart TVs and smart speakers. The most-used enterprise IoT devices will be smart electric meters and commercial security cameras, according to Gartner.



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