Apple poised to dominate smart home market: A threefold plan explained
The process begins with Apple introducing ‘Apple Intelligence’, which aims to enhance home automation by giving users control over apps, devices, and media.
With a cautious start and competitors having already established themselves strongly, Apple is poised to make an entry in the smart home market. The company aims to put its devices in every corner of a household, competing with brands like Amazon and Google. According to a report, Apple’s potential entry will involve the use of AI, new types of displays, and a new operating system.
The process begins with Apple introducing ‘Apple Intelligence’, which aims to enhance home automation by giving users control over apps, devices, and media. AI will ensure that the automation is smooth, enabling a seamless and personalised smart home experience.
The second phase of Apple’s futuristic plan focuses on smart displays. The company is working on new displays, which are affordable like iPad, enabling features like FaceTime calls, Apple TV Plus, and even browsing the web. Additionally, Apple is developing an advanced product, a tabletop robot with a smart display and a rotating arm. The robot will leverage AI to analyse the surroundings and will be useful for home security.
The final, and perhaps core component of the new plan is a new operating system, dubbed ‘homeOS’, which is based on Apple tvOS. The new OS will connect all Apple devices and will also be compatible with other devices, such as Amazon or Google products, thanks to the Matter standard.
Notably, while Apple has already launched HomePod speaker and Apple TV, it has not captured a significant market share. However, by focussing on both software and hardware for home use, Apple could achieve leadership in the smart home market. The company sees an opportunity to make inroads, as competitors like Google and Amazon face challenges. If Apple successfully rolls out affordable displays along with an advanced robotic assistant, the smart home market could see a significant boost.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
10:08 AM IST