Market demand of smart home under the perspective of smart city

China's booming economy and technological advancements have fueled the rapid growth of smart cities. This has led to more connected, efficient urban infrastructure, improving the quality of life and work for residents. Rising consumer standards have sparked interest in comfortable, healthy, saf...

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Main Authors: Geng Wennan, Bi Chuanchen
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Subjects:
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/77/e3sconf_icenso2023_06003.pdf
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author Geng Wennan
Bi Chuanchen
author_facet Geng Wennan
Bi Chuanchen
author_sort Geng Wennan
collection DOAJ
description China's booming economy and technological advancements have fueled the rapid growth of smart cities. This has led to more connected, efficient urban infrastructure, improving the quality of life and work for residents. Rising consumer standards have sparked interest in comfortable, healthy, safe, convenient, and efficient lifestyles, driving the widespread adoption of smart homes. As people become more accepting of intelligent products, the smart home industry is expected to see growing demand in the future. Therefore, the analysis and research of smart home market demand has important practical significance. On this basis, SWOT analysis analyzes the pros and cons of the smart home product market, PEST method analyzes the macro environment of the market, Porter's Five forces model is used to analyze the micro environment of the market, and understand the status quo and problems of the smart home market. Obtain the demand of smart home market through research and provide development suggestions for enterprises.
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spelling doaj.art-331ed36ae20c4f9797ba8f85f0ae12a12023-11-07T10:20:13ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014400600310.1051/e3sconf/202344006003e3sconf_icenso2023_06003Market demand of smart home under the perspective of smart cityGeng Wennan0Bi Chuanchen1College of Graduate Study in Management, Khon Kaen UniversityCollege of Graduate Study in Management, Khon Kaen UniversityChina's booming economy and technological advancements have fueled the rapid growth of smart cities. This has led to more connected, efficient urban infrastructure, improving the quality of life and work for residents. Rising consumer standards have sparked interest in comfortable, healthy, safe, convenient, and efficient lifestyles, driving the widespread adoption of smart homes. As people become more accepting of intelligent products, the smart home industry is expected to see growing demand in the future. Therefore, the analysis and research of smart home market demand has important practical significance. On this basis, SWOT analysis analyzes the pros and cons of the smart home product market, PEST method analyzes the macro environment of the market, Porter's Five forces model is used to analyze the micro environment of the market, and understand the status quo and problems of the smart home market. Obtain the demand of smart home market through research and provide development suggestions for enterprises.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/77/e3sconf_icenso2023_06003.pdfsmart homesmart citymarket demand
spellingShingle Geng Wennan
Bi Chuanchen
Market demand of smart home under the perspective of smart city
E3S Web of Conferences
smart home
smart city
market demand
title Market demand of smart home under the perspective of smart city
title_full Market demand of smart home under the perspective of smart city
title_fullStr Market demand of smart home under the perspective of smart city
title_full_unstemmed Market demand of smart home under the perspective of smart city
title_short Market demand of smart home under the perspective of smart city
title_sort market demand of smart home under the perspective of smart city
topic smart home
smart city
market demand
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/77/e3sconf_icenso2023_06003.pdf
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