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Home Entertainment ANALYSIS: FUTURE TECH TRENDS


34


LG’s C8 Lifestyle Lounge


T LG’s WK7 speaker


rends in the home electronics market


are currently being led by the growth in device connectivity and enhancements relating to user interfaces and control. Smart products have increased in popularity throughout 2018 and next year this sector is expected to grow even further, but with a focus more towards integrated solutions. Connected home eco system solutions have now


matured to a point where we see strong growth in adoption as users can identify with the benefits and flexibility of the solutions on offer. Paul Hide, Director of Markets and Membership at techUK, says that a recent techUK/GFK report on the sector


identified that consumers view connected home entertainment, security, lighting and health as the most appealing sectors and that they see value in solutions that include installation and ongoing support, so revenue stream opportunities that extend beyond the initial device sale. “The UK smart home market will be worth close to £1 billion in 2018, that’s 20 per cent up versus the previous year. “I don’t expect that we will see major shifts in the key product sectors that are performing well in total volume and value terms. This year consumer electronics value growth has been driven by the ongoing demand for large screen TVs, particularly


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