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The Smart Home of Tomorrow

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Today, people want everything to be “smart”.

Smart phones, smart appliances, smart autos, smart cities, smart grids, and even smart trash cans are either already in our lives today, or will be in our near future.

In some cases the “smart” moniker may be applied loosely to new products, but the trend is real and overarching. It all stems from spreading adoption of the internet of things. With smart technology, many objects that were once quite simple are now automated, controlled by a phone, or optimized based on your personal preferences – and over time, this is going to change many aspects of our personal and professional lives.

One “smart” trend that is on a trajectory to impact almost everyone is one that concerns the most basic rung of our hierarchy of needs: our shelter.

Introducing The Smart Home of Tomorrow

Today’s infographic from Vibrant Doors shows how the new smart home will change everyday living for most people. It also shows consumer preferences, expected demand, and the obstacles to widespread adoption of this new “smart” technology.

The Smart Home of Tomorrow

The biggest obstacle for adoption of smart home technology is an interesting one: choice.

It’s expected that the smart home market will be worth $122 billion by 2022, and every company wants a piece of that pie. As a result, there is a multitude of brands trying to solve the smart home equation in order to break through as market leaders for this technology. The names in this battle range from giant tech companies like Apple, Amazon, Samsung, and Alphabet, to upstart competitors focusing on small niches within the home.

Consumers, for the most part, are willing to wait until the timing is right. Currently there is intense competition in the early stages of the smart home market and consumers are willing to watch brands duke it out. After all, adopting smart home devices and infrastructure is not cheap, and consumers only want to buy brands that are going to stand the test of time.

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Charting the Next Generation of Internet

In this graphic, Visual Capitalist has partnered with MSCI to explore the potential of satellite internet as the next generation of internet innovation.

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Teaser image of a bubble chart showing the large addressable market of satellite internet.

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The following content is sponsored by MSCI

Could Tomorrow’s Internet be Streamed from Space?

In 2023, 2.6 billion people could not access the internet. Today, companies worldwide are looking to innovative technology to ensure more people are online at the speed of today’s technology. 

Could satellite internet provide the solution?  

In collaboration with MSCI, we embarked on a journey to explore whether tomorrow’s internet could be streamed from space. 

Satellite Internet’s Potential Customer Base

Millions of people live in rural communities or mobile homes, and many spend much of their lives at sea or have no fixed abode. So, they cannot access the internet simply because the technology is unavailable. 

Satellite internet gives these communities access to the internet without requiring a fixed location. Consequently, the volume of people who could get online using satellite internet is significant:

AreaPotential Subscribers
Households Without Internet Access600,000,000
RVs 11,000,000
Recreational Boats8,500,000
Ships100,000
Commercial Aircraft25,000

Advances in Satellite Technology

Satellite internet is not a new concept. However, it has only recently been that roadblocks around cost and long turnaround times have been overcome.

NASA’s space shuttle, until it was retired in 2011, was the only reusable means of transporting crew and cargo into orbit. It cost over $1.5 billion and took an average of 252 days to launch and refurbish. 

In stark contrast, SpaceX’s Falcon 9 can now launch objects into orbit and maintain them at a fraction of the time and cost, less than 1% of the space shuttle’s cost.

Average Rocket Turnaround TimeAverage Launch/Refurbishment Cost
Falcon 9*21 days< $1,000,000
Space Shuttle252 days$1,500,000,000 (approximately)

Satellites are now deployed 300 miles in low Earth orbit (LEO) rather than 22,000 miles above Earth in Geostationary Orbit (GEO), previously the typical satellite deployment altitude.

What this means for the consumer is that satellite internet streamed from LEO has a latency of 40 ms, which is an optimal internet connection. Especially when compared to the 700 ms stream latency experienced with satellite internet streamed from GEO. 

What Would it Take to Build a Satellite Internet?

SpaceX, the private company that operates Starlink, currently has 4,500 satellites. However, the company believes it will require 10 times this number to provide comprehensive satellite internet coverage.

Charting the number of active satellites reveals that, despite the increasing number of active satellites, many more must be launched to create a comprehensive satellite internet. 

YearNumber of Active Satellites
20226,905
20214,800
20203,256
20192,272
20182,027
20171,778
20161,462
20151,364
20141,262
20131,187

Next-Generation Internet Innovation

Innovation is at the heart of the internet’s next generation, and the MSCI Next Generation Innovation Index exposes investors to companies that can take advantage of potentially disruptive technologies like satellite internet. 

You can gain exposure to companies advancing access to the internet with four indexes: 

  • MSCI ACWI IMI Next Generation Internet Innovation Index
  • MSCI World IMI Next Generation Internet Innovation 30 Index
  • MSCI China All Shares IMI Next Generation Internet Innovation Index
  • MSCI China A Onshore IMI Next Generation Internet Innovation Index

MSCI thematic indexes are objective, rules-based, and regularly updated to focus on specific emerging trends that could evolve.

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Click here to explore the MSCI thematic indexes

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