Viomi Technology published jointly with IDC, a White Paper entitled „Consumer IoT Outlook to 2025“

New York (ots/PRNewswire) – Viomi Technology co., Ltd. („Viomi“ or the „company“) (NASDAQ: VIOT), a leading IoT companies for home technology in China, published today, together with the International Data Corporation („IDC“), a white paper at the Nasdaq market site. The white paper is titled „Consumer IoT Outlook to 2025“ and predicted six major Trends for the IoT consumer market.

Six major Trends in the IoT consumer market

— The Computing capabilities of IoT devices will grow rapidly. AI + IoT are the key to the future development of the Consumer IoT, the intelligent Smart-Home facilities, and the development of sensor technology, data acquisition techniques, as well as intelligent decision in addition to find goings-on payments.

— Different network protocols together act as a hybrid network, and thus everywhere and at any time a stable and fast connection. Ad-hoc and Mesh networks, will support the development of more stable and faster Connections. In addition, the imminent 5G Era, for a new impetus to worry about – anywhere and anytime.

— Edge Computing and local storage will become the Norm for smart devices and optimize Computing efficiency as well as privacy. Edge Computing with local storage provides for a far-reaching improved Computing efficiency and the use of local memory for Consumer IoT devices will significantly contribute to the optimization of privacy.

— Consumer IoT devices are going to provide greater possibilities for integration in terms of technology and scenario. Interoperability is achieved through the Overcoming of boundaries between products, platforms, and applications.

— Interactions between man and machine more user-friendly and more natural. Interactions develop in a more user-friendly and diversified direction, including, but not limited to voice, image, Face, as well as touch-based interactions.

— Smart devices will soon see a proliferation exposed to, which leads to the formation of the corresponding services and applications. The shipment volume of the Chinese market for Smart Home devices will reach up to 2022 is expected to be 300 million devices and is growing in 2018 with a CAGR Rate of 18.9 %. Household appliances describe here, the largest segment of the market.

Viomi intends to be a White Paper in the context of its product launch on the appliance & Electronics World Expo in Shanghai, China, on 13. To present March 2019 19 p.m. according to Beijing time. Together with IDC, the company will share his perspectives and insights regarding the Trends in the Consumer IoT market by 2025.

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Li Lixing
+86-158-9958-8321
lilx@viomi.com