The Rise of Smart-Home Tech in Southeast Asia
Tuya Smart, a Chinese leading AI+IoT (AIoT) Developer Platform, and BARDI Smart Home, one of the fastest-growing smart-home companies in Indonesia, announced a partnership to promote intelligent life and to accelerate the adoption of smart-home in the SE Asia Market. The flexible and comprehensive Tuya AIoT Developer Platform has enabled BARDI to provide affordable and easy-to-use smart home products for consumers and accelerate the adoption of connected homes in the SE Asia Market, as mentioned by Yudi Tukiaty, CPSO of BARDI Smart Home.
TECH COLLECTIVE showed that the revenue from smart home products and services is likely to reach over USD 2.7 million by 2025 in SE Asia. In 2021, the household penetration for smart home and IoT products is approximately 3.9%, but this is likely to increase to 6.4% by 2025.
Meanwhile, Blugard, a Malaysia-based tech company, has developed an extensive automation setup. It provides a high-end security and home management system to the user while also allowing integration with other applications to provide an easy-to-use, comprehensive package.
Igloohome is a smart home application company from Singapore. It is not only developing state-of-the-art security products for homes but also is an attractive choice for many companies operating in SE Asia.
SE Asia is one of the fastest-growing regions globally in terms of improving internet infrastructure and high smartphone ownership rate, which provides huge opportunities for growth in connected homes and devices.
On the other hand, growth is not exclusive to households. Smart-home technology is also favored by tech companies and applied into workplaces. Most smart-home or wireless home tech applications available or in development stage have strong automation and AI components that may seem redundant in domestic settings but are highly valuable in offices. The products are also interoperable, so more than one individual can use or control the applications, allowing business owners to give management access to all relevant employees.
Source : Bluguard
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