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  • Home as a Hub: Smart Technologies Present Dynamic Growth Opportunities
    Future homes that harmonize work, entertainment, relaxation, shared living, health, and wellness fuel new product development

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    The COVID-19 pandemic has exposed the human body and its overall frailty. Staying at home has increased as a measure to safeguard against COVID-19. As a result a social shift is occurring, leading to reduction in outdoor activities and consumers increasingly looking out to fortify their homes and in turn modify it to serve multiple functions.

    Within this study we explore home as a hub for Entertainment, Relaxation, Home as a Workplace, Shared living spaces and Health & Wellness.

    Multifunctional smart homes will have to cater to aforementioned needs of the customers, however the affordability of customers remain unchanged. Hence companies are looking out to restructure residential living spaces to ensure increased flexibility, modularity and overall affordability.

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