Navigant Research Report Shows Amazon, Google, & Other Technology Incumbents Are Capitalizing on the Potential of Artificial ...
14 December 2017 - 10:15AM
Business Wire
A new report from Navigant Research provides an analysis of the
role digital assistants play in the smart home and the applications
that artificial intelligence (AI) enables.
AI is fundamentally changing the way consumers interact with
their homes, offering enhanced solutions, including digital
assistants, that help manage energy consumption, keep homes safer
and more secure, and create more intuitive home automation. Myriad
opportunities exist to automate tasks and create more personal
experiences with technology, especially as adoption of the Internet
of Things increases and customer expectations grow. Click to tweet:
According to a new report from @NavigantRSRCH, many players
recognize this potential, and large tech incumbents like Amazon,
Google, Apple, Samsung, and Microsoft are quickly investing in AI
and digital assistants for the home.
“Current AI technologies are being used to automate tasks,
identify consumer trends, and power human-like digital assistants
to make people’s lives more comfortable, convenient, and
efficient,” says Paige Leuschner, research analyst with Navigant
Research. “Consumer-ready AI technology isn’t about creating the
human-like robots portrayed in popular media, it’s about making
impactful and significant progress that delivers value to
consumers.”
Indeed, despite promises of market disruption and estimates of
aggressive growth, AI technology is still developing, and it
remains to be seen how it will evolve in the smart home. According
to the report, it is important for stakeholders involved in this
space to move past the hype and continue to deliver significant,
real-world value.
The report, Digital Assistants and AI in the Home, examines how
machine learning, deep learning, and neural networks fall under the
umbrella term of AI. The study provides an analysis of how digital
assistants play a role in this technology ecosystem and the
applications that AI is enabling in the smart home. It also
examines the major market drivers and barriers and technology
trends related to AI, as well as the key players and digital
assistants. An Executive Summary of the report is available for
free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant,
provides market research and benchmarking services for rapidly
changing and often highly regulated industries. In the energy
sector, Navigant Research focuses on in-depth analysis and
reporting about global clean technology markets. The team’s
research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of
the Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional
information about Navigant Research can be found at
www.navigantresearch.com.
About Navigant
Navigant Consulting, Inc. is a specialized, global professional
services firm that helps clients take control of their future.
Navigant’s professionals apply deep industry knowledge, substantive
technical expertise, and an enterprising approach to help clients
build, manage and/or protect their business interests. With a focus
on markets and clients facing transformational change and
significant regulatory or legal pressures, the Firm primarily
serves clients in the healthcare, energy and financial services
industries. Across a range of advisory, consulting, outsourcing,
and technology/analytics services, Navigant’s practitioners bring
sharp insight that pinpoints opportunities and delivers powerful
results. More information about Navigant can be found at
navigant.com.
* The information contained in this press release concerning the
report, Digital Assistants and AI in the Home, is a summary and
reflects Navigant Research’s current expectations based on market
data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from
those contained in this press release or the report. Please refer
to the full report for a complete understanding of the assumptions
underlying the report’s conclusions and the methodologies used to
create the report. Neither Navigant Research nor Navigant
undertakes any obligation to update any of the information
contained in this press release or the report.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171214005061/en/
Navigant ResearchLindsay Funicello-Paul,
+1-781-270-8456lindsay.funicello.paul@navigant.com