Ai-Enabled smart homes coming soon

Traditional manufacturers are pressing ahead as industry enters period of fast expansion thanks to new technologies

Cutting-edge technologies are making life more convenient, and upgrading one's home with the latest such technology has become a new engine driving China's economy. More and more affluent consumers are pursuing a smarter, high-end lifestyle, which has given a big boost to the smart home market.

The AI-powered smart home is the future, experts say. According to statistics from market consultancy Statista, China's smart home market is expected to reach a value of 130 billion yuan ($20.3 billion) by 2018, with an annual growth rate of about 48 percent, a big jump from the 40.3 billion yuan market in 2015.