RESEARCH PAPER: Resideo Bets On The “Genuine” Smart Home

By Patrick Moorhead, Mark Vena - December 9, 2019

In 1991, noted technology journalist Walt Mossberg opened his first technology column for the Wall Street Journal with these words: "Personal computers are just too hard to use, and it isn't your fault.” Personal computer technology has become easier to use in many respects during the past 30 years, but the same cannot be said about the smart home. Still, with the rise of hundreds (if not thousands) of “smart” solutions that can automate, manage or monitor mundane and trivial tasks in the home, consumers have responded with tremendous enthusiasm and opened their wallets. Research firm Strategy Analytics predicts that global spending on smart home technology will reach $103 billion in annual revenue by the end of 2019, with more than 880 million devices sold. Half of that revenue will be on smart devices and hardware, with the remaining spent on smart home services, subscriptions and installation fees. Strategy Analytics also forecasts that the smart home market could comprise as much as $157 billion in global revenue by 2023, using an 11% CAGR.

You can download the paper by clicking on the logo below:

Executive Summary
Problem Statement: The Smart Home Isn't So Smart
Resideo's Go-To-Market Approach
Closing Thoughts
Figure 1: Resideo's Focus Smart Home Areas
Figure 2: Customer Benefits Of Resideo's Focus Areas
Figure 3: Examples Of Resideo Hardware Solutions
Figure 4: Smart Home Brands Supported By Resideo

Companies Cited

ADI Global Distribution
Amazon
Apple
Google
Honeywell
Microsoft
Resideo
Strategy Analytics
Wall Street Journal

Patrick Moorhead

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Patrick founded the firm based on his real-world world technology experiences with the understanding of what he wasn’t getting from analysts and consultants. Ten years later, Patrick is ranked #1 among technology industry analysts in terms of “power” (ARInsights) in “press citations” (Apollo Research). Moorhead is a contributor at Forbes and frequently appears on CNBC. He is a broad-based analyst covering a wide variety of topics including the cloud, enterprise SaaS, collaboration, client computing, and semiconductors. He has 30 years of experience including 15 years of executive experience at high tech companies (NCR, AT&T, Compaq, now HP, and AMD) leading strategy, product management, product marketing, and corporate marketing, including three industry board appointments.