Scope of AI in Home Appliances

The client is a giant in the home appliances segment that requested to explore the potential of AI applications for sustainability, assisting consumers, and cost reduction. The study identified the market allowing AI technologies and digitization opportunities. The findings highlighted AI strategies, top competitors and players, algorithms responsible for advancements, and AI’s transformative role in home appliances.

Client Background:

The client is a global player in the home appliances sector and was keen to get an idea about the scope of Artificial Intelligence in home appliances to improve human life, achieve sustainability, and reduce costs.

Engagement Objective:

The objective of the study is to assess

• How well artificial intelligence (AI) is applied in present home appliances
• The scope and breadth of digitizing home appliances and making houses smarter

The study also focuses on the technology market assessment of the components involved in enabling artificial intelligence in home appliances.

Client Impact:

The study identifies the various application areas of AI in home appliances and the overall market potential/growth. Further,

• It identifies the top players in the home appliance domain and their ongoing and planned AI activities
• AI use cases and benefits in key home appliance product segments
• The algorithms or models that serve as the foundation of AI technology