As can be seen from Figure 2-1, from 2018 to 2020, the home intelligent vision market has grown rapidly. In 2020, the market size of China's home intelligent vision products is 33.1 billion yuan, and the compound annual growth rate since 2016 is as high as 53.5%.
The main reason is that since 2018, household smart vision products such as smart vision sweeping robots and visual smart speakers have been country email list launched one after another and have grown rapidly, which has promoted the market size of household smart vision products. With the further integration of home smart vision and smart home products, the market will continue to grow and gradually stabilize in the future, with an expected compound annual growth rate of 21% between 2020 and 2025.
As can be seen from Figure 2-2, in Q3 2021, the total shipments of smart speakers and smart screens increased by 10% year-on-year to 39.3 million units, setting a record for Q3, but basically the same as the 39 million units in Q2 2021. As market uncertainty persists, especially the impact of new coronavirus variants.
While persistent and growing shortages of semiconductors and other components are not yet a serious threat to manufacturers, smaller players, often on the fringes of the market, will face more challenges. Sales of Q3 smart screens increased by nearly 19% year-on-year to 11.2 million units, while sales of basic smart speakers (without screens) increased by about 7% over the same period.
On December 28, 2021, the dual-numbered standards T/CCSA 328-2021 and T/CHEAA 0019-2021 "Technical Requirements for Cross-Platform Access and Authentication of Smart Home Systems" jointly formulated by China Household Electrical Appliances Association and China Communications Standards Association Officially released.
With the implementation of the double-numbered standard, in the future, around the standard system of "smart home cross-platform interconnection and interoperability", China Household Electrical Appliances Association and China Communications Standards Association will jointly release "Smart Home Cloud-Cloud Interconnection" and "Smart Home System Data Model and Control Interface Technology". Requirements" and "Smart Home System Cross-Platform Access and Control Test Methods" and other joint standards.