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Smart Home Devices Set to Hit 939.7m shipment by 2022

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International Data Corporation (IDC) forecast results has shown that Smart Home Devices will grow on market size and forecasting of IP-connected devices used in the home, which include smart speakers, digital media adapters, lighting, thermostats, and more.

 

This historical result/data is accompanied by a five-year forecast that offers insight into upcoming trends and the ever-evolving market.

 

In 2017, 433.1 million smart home devices were shipped worldwide, growing 27.6% from the previous year.

 

Looking ahead, IDC anticipates a compound annual growth rate (CAGR) of 18.5% as the market balloons to 939.7 million devices shipped in 2022.

 

Within the smart home market, the smart speaker category, which includes devices like the Amazon Echo and Google Home, will remain the fastest growing category throughout the forecast.

 

Meanwhile, shipments for most other categories, with the exception of video entertainment products, will experience a double-digit CAGR during the same period.

 

Jitesh Ubrani senior research analyst, IDC Mobile Device Trackers, said “The smart home market is still in its infancy but we’re already seeing some significant changes in consumers’ and vendors’ approach,”

 

“There’s less of a focus on having a central hub and apps as the center of the interface as hardware makers race to create interoperability with smart assistants like Alexa, Siri, or Google Assistant.

 

“On the other hand, consumers, while still somewhat hesitant to anthropomorphize smart assistants, are beginning to expect a more natural user interface to the myriad of smart home devices.”

 

Adam Wright senior research analyst for IDC’s Consumer IoT Program, said “While it’s still early days for the smart home market – and the wider consumer IoT ecosystem in general – we expect to see considerable growth over the next few years, especially as consumers become more aware of and increasingly interact with smart assistant platforms like Amazon’s Alexa and Google Assistant,

 

“Whether in the form of a smart speaker or embedded in a thermostat, fridge, TV, or any other device, smart assistants are quickly becoming the cornerstone of consumer IoT by enhancing the accessibility, use, and functionality of connected devices, which will noticeably boost adoption rates in the near future.”

 

Category Highlights shows that Video Entertainment devices, inclusive of smart TVs, digital media adapters, and other IP-connected video devices, are forecast to deliver a CAGR of 8.3% for unit shipments over the 2017–2022 forecast period.

 

These devices are also expected to capture around three quarters of the dollar value of the entire smart home market as the average sale price (ASP) for TVs will be among the highest.

 

Leaders in the TV category during 2017 were Samsung and LG while category leaders for digital media adapters during the same period were, in order, Amazon, Google, and Roku.

 

Home Monitoring/Security is comprised of devices like connected door locks, cameras, moisture sensors, door bells, and more.

 

IDC expects this will remain the second largest category in terms of unit shipments through 2022 as products become easier to deploy in the home and will not require consumers to have a “DIY attitude” to integrate these products with their smart assistants and other devices.

 

Smart Speakers with built-in smart assistants have captured the spotlight recently as major new brands like Apple have entered the market.

 

In addition, Amazon and Google have been quick to respond by offering additional models and price points through their first-party speakers and by partnering with numerous other brands to bring Alexa- or Google Assistant-enabled speakers.

 

What remains to be seen is how long the partners can survive since the sale of hardware stands to be the smallest part of the overall revenue associated with this category.

 

Connected Lighting products, like those from Philips, GE, IKEA, and others, have to some extent been the gateway for consumers to the larger smart home market.

 

With prices quickly dropping and bundling with smart speakers as an entry level smart home solution, the lighting category has a lot of future potential.

 

IDC anticipates this category to be worth more than $3.5 billion dollars by the end of 2022.

 

Thermostats, like the ones offered by Nest or Ecobee, are expected to have a worldwide CAGR of 20.8% for unit shipments by 2022.

 

Despite the high growth, IDC expects it to be among the smallest categories as most homes will have a single thermostat and a large part of the world (e.g. Asia/Pacific and Middle East) does not use standalone thermostats, relying instead on those built into air conditioners or heating units.

 

Other smart home products like connected appliances, sprinkler systems, and other smaller devices are expected to see shipments grow at a CAGR of 18.2% from 2017–2022.

 

Many of the analog counterparts, like traditional appliances, have long replacement cycles and are expected to have limited overall appeal within the future smart home.

 

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MTV Shuga is Back in Nigeria

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The award-winning drama series returns to Nigeria and seeks fresh talent for the new season.

 

Following the recent premiere of the new season of MTV Shuga Down South in South Africa and the announcement of upcoming campaigns in Cote D’Ivoire and India, MTV Shuga continues to champion conversations about real issues affecting young people using relatable characters and stories that revolve around contraception, sexual health, family planning, gender-based violence and other social issues.

 

MTV Shuga Naija, is a multi-sectorial partnership led by the MTV Staying Alive Foundation and is supported by MTV Base Africa, the Bill & Melinda Gates Foundation, the United Nations Population Fund (UNFPA) and NGOs.

 

This year’s MTV Shuga Naija TV and radio campaign welcomes award-winning director Tope Oshin as producer.

 

Known for setting the pace for female directors in the Nigerian movie industry, she has earned accolades for her amazing portfolio, featuring movies including, ‘Relentless’, ‘Fifty’, ‘Wedding Party 2’, ‘New Money’, ‘We Don’t Live Here’, and most recently, ‘Up North’.

 

The campaign kicks off with open auditions, which will be held on Thursday, April 4th at the Classique Event Centre, Ikeja Lagos.

 

MTV Shuga has been at the forefront of attracting and developing new acting talent including: Timini Egbuson, Emmanuel Ikubese, Bukola Oladipupo, Helena Nelson and Jemima Osunde; last season’s open auditions attracted over 1700 hopefuls.

 

MTV Shuga Naija would-be actors will be judged by a diverse range of industry experts and selected based on their acting skills and originality.

 

Full information can be found at www.mtvshuga.com/naija This year, applicants are encouraged to pre-register via the MTV Shuga website clicking on the Eventbrite link in the Open Auditions page: http://bit.ly/MTVShugaNaijaAuditions.

 

Registration prior to the auditions gives you fast-tracked access upon arrival at the venue on audition day.

 

Budding actors are encouraged to engage with MTV Shuga Naija via our social platforms @mtvshuganaija on Facebook and Twitter and @mtvshuganaija_ on Instagram using the hashtag #MTVShugaNaijaAuditions

 

Auditions are open to Nigerian residents aged 18+ and will run from 7am – 3pm. Participants will be required to provide one head shot photograph (minimum size 4×6 inches) and a form of photo identification, such as a passport, driver’s license, national ID card or student ID card.

 

Speaking on the auditions for the upcoming series, the Executive Director of the MTV Staying Alive Foundation, Georgia Arnold, said, “We are excited to bring back the public auditions for the new season of MTV Shuga Naija.

 

“Our aim is to continue using relatable storytelling to educate and empower young people about social issues like contraception, sexual health, family planning and gender-based violence.

 

“We can’t wait to discover amazing new talent to join the MTV Shuga family!”

 

MTV Shuga remains the gold-standard model for use of mass-media as a vehicle to positively change the behavior of young people.

 

MTV Shuga educates at-risk youth on sexual health and HIV/AIDS awareness, and also ensures that this education is followed through via on-the-ground testing and direction to health services, with proven impact of demand-creation among our audience.

 

Alex Okosi Executive Vice President and Managing Director, Viacom International Media Networks and BET International, said“MTV Shuga provides an important narrative for our African youth with socially relevant content that resonates globally.

 

“This call for auditions is a platform for young talent on the continent to open up the industry with diverse storytelling.”

 

A World Bank evaluation in Nigeria of MTV Shuga highlighted its influence on the sexual and reproductive health decisions of youths via contraceptive use via testing and contraceptive use, showing a 58% reduction in chlamydia among females who had watched MTV Shuga.

 

The new season of MTV Shuga Naija is due to hit screens in September 2019!

 

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Art Meets Music, As Tiger Beer Delights Consumers At AAF’s Maker Lab Exhibition

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World acclaimed lager, Tiger Beer hosted the 2019 edition of African Artists Foundation (AAF) Maker Lab Exhibition in Lagos.

 

The event which held on the 16th of March 2019 at the AAF, Lagos saw Tiger uncage expressions of arts, music and fashion.

 

Borne out of a growing desire to provide a platform where alternative and creative artists can showcase their talents, network and celebrate the dynamism of the African sound, the Maker Lab exhibition is a signature event that has been pivotal in kick starting and supporting the careers of several young artists since its inception.

 

Themed “Yanga”, the exhibition celebrates and promotes young talented visual artists, by allowing them display their craft, interact with other talents and build a fanbase for their art.

Acting as a career springboard for emerging artists, the Maker Lab exhibition on Saturday showcased exhibitors like visual artist Ruby Okoro, documentary photographer, Neec Nonso, emerging singer and music producer, Yinka Bernie, and hyper-realistic painter, Amobi Abeeb Akin.

 

Ruby Okoro who is a visual artist born in Nigeria expresses his emotions and the subconscious through conceptual and vibrant photography which is intrinsic to his practice.

 

He often shoots on the move, taking portraits in transit while documenting projections. Ruby firmly believes in minimalism and portrays this conviction in his work.

 

Documentary photographer, Neec Nonso captures everyday life and its nuances. Working predominantly in digital format, he travels extensively around Nigeria to capture the country’s beauty and diversity, in a bid to challenge stereotypical narratives about Nigeria and the continent at large.

 

Yinka Bernie, who is an emerging singer and music producer, explores sound as a tool of social engagement using a sound cocoon, while Amobi Abeeb Akin who is a hyper-realistic painter created a wall installation, using white chalk on a black wall.

Speaking on the success of the event, Chinwe Greg-Egu, Brand Manager, International brands, Nigerian Breweries Plc, said, “We are truly excited to sponsor  this year’s Maker Lab exhibition, themed “Yanga”.

 

“It’s a great time in the art industry as creatives are steady challenging societal norms, transforming fashion and truly being appreciated on a large scale.

 

“As a brand, we remain steadfast in our commitment to provide a creative center where variants of art can truly be expressed, provide professional and non-professional artists and youths a place to celebrate their own talent and artistry”

 

Tiger Beer was launched in Nigeria back in April 2018 and has already made giant strides in the Nigerian beer market. Its unveiling was part of a captivating initiative which saw Nigerian celebrities face and conquer their fears, as the brand sought to communicate its unique brand messaging “Uncage”.

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Heineken Launches Limited Edition Bottles

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International premium lager beer, Heineken will be launching UEFA Champions League limited edition bottles to further celebrate the 2018/2019 season.

 

The new bottles will highlight the brand’s partnership with UEFA as the participation in the competition, as it takes place every week.

 

This football inspired special edition bottles carry the bold red star crest while mirroring the UEFA Champions League Trophy, representing club football’s most illustrious accolade, with a green backdrop which represents Heineken and the UEFA Champions League.

 

Commenting on the special edition Heineken bottle design, Emmanuel Oriakhi, Marketing Director, Nigerian Breweries Plc, said, “Heineken has been a big part of football for the last 25 years, particularly by sponsoring the UEFA Champions League.

 

“During this time, we have been giving our fans the opportunity to connect with club football’s biggest competition, while also rewarding their passion by taking some lucky few to Europe in the past.

 

“The launch of the special edition bottles is just another way of delivering on the brand promise.”

 

Heineken, has been a long-standing sponsor of the UEFA Champions League since 1994.

 

This illustrious collaboration with club football’s biggest and most watched competition has seen Heineken become one of the most recognizable brands in the world of football.

 

Over the Last 25 years, we’ve seen the brand share the passion of the beautiful game while bringing all the most remarkable and Unmissable Moments from the competition to fans around the world.

 

Through the course of the UEFA Champions League season, Heineken has continued its remarkable tradition of celebrating the beautiful game with fans, bringing all the action from Europe to Nigerians more than 5,000 miles away with its premium viewing experiences.

 

The brand has also begun rewarding lucky football fans and brand loyalists with the opportunity to see live matches from the semifinals and finals of the competition in Europe.

 

The core focus for Heineken is to bring unique experiences to fans of UEFA Champions League in Nigeria.

 

As the most prestigious platform for European football stars, this premier-sporting event has become global and fits perfectly with the Heineken brand.

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