Category
Lifestyle
Assisted Choices
3.7
Trend score
Trend
What is the Monitored Energy trend?
Monitored Energy: Extending IOT's infiltration of the home beyond basic connectivity, monitored utilities serve a multitude of modern consumer needs. These include eco-consciousness, curation of the holistic lifestyle, and frugality. Furthermore, this signifies a shift in consumer preference that goes beyond understanding major parts of home life, and intro controlling them.
Trend themes
Themes within the Monitored Energy trend
Three behaviours holding the trend together01
Monitored utilities
Consumers have a growing preference for controlling their home utilities and appliances through the use of smart systems that monitor their usage patterns and promote eco-consciousness, frugality and healthy lifestyles.
02
Incentives for consumption reduction
Companies in the hospitality industry are monetizing the idea of responsible consumption by offering discounts to guests who monitor and limit their water and energy usage, creating an opportunity for businesses to promote environmental awareness while also retaining customers.
03
Smart home monitoring sensors
The use of built-in sensors and accompanying apps allow for monitoring of various environmental factors, such as motion, temperature, sound, sunlight, and humidity, improving the overall efficiency of living spaces.
Industry implications
What the Monitored Energy trend means for industry
Where the trend changes the playbookFor
Smart home technology
Companies in this industry can explore opportunities to develop innovative products and services that assist in the monitoring and controlling of home utilities.
For
Hospitality
Hotels and resorts can create customized incentives that promote responsible consumption and reward guests for their commitment to sustainable practices.
For
Environmental management
Businesses can improve the efficiency of their operations by implementing smart systems that monitor energy usage and promote waste reduction, ultimately reducing their environmental impact and operating costs.
Workshop question
How might you implement artificial intelligence to increase your brand's efficiency?
Trend signals
Trend signals for Monitored Energy
Trend score 3.7 out of 10, from popularity 58%, activity 45%, freshness 8%.
Popularity58%
Activity45%
Freshness8%
Audience
50%Men
50%Women
- Gen Alpha (not a primary audience)
- Gen Z
- Millennial
- Gen X
- Boomer (not a primary audience)
Market
North America
Europe
Asia-Pacific
Evidence
Examples of the Monitored Energy trend
7 featured examples from Jul 4, 2014 to Jul 6, 2017CategoryEco
Consumption Reduction Incentives
The Save3 Keycard Encourages Hotel Guests to Conserve Water
The Save3 Keycard is an innovative tool that can disrupt the hospitality industry by promoting sustainable water and energy practices through incentives.
CategoryTech
Smart Home Monitoring Sensors
The iHome iSS50 Smart Home Monitor Keeps Living Spaces Efficient
The iHome iSS50 Smart Home Monitor is relevant to the smart home technology industry, where companies can develop similar solutions to enhance home automation and monitoring capab…
CategoryTech
People-Tracking Apps
The Marauder’s Map App Shows How People Use Utilities in the Home
Disruptive innovation opportunity for smart home technology companies to develop sensors and apps that track people's movements and utility usage in the home.
CategoryEco
Innovative Energy Sensors
This Energy-Efficient Home Device Keeps Detailed Track of Consumption
Integrating energy-efficient devices and sensors into smart home systems to enhance energy management and improve overall home efficiency.
CategoryEco
Water Management Tools
SmartRate by Banyan Water Translates Water Consumption into Dollars Spent
Developing innovative solutions and software platforms for smart water management.
CategoryTech
Connected Environment Sensors
The elgato 'Eve Degree' Temperature and Humidity Monitor is Accurate
Opportunity for consumer electronics companies to develop and market smart sensors and monitoring devices for homes and specialized locations.
CategoryLifestyle
Atmosphere-Optimizing Systems
The Drayton 'miGenie' System Controls Home Utilities
The miGenie system falls within the smart home technology industry, which continues to boom, offering opportunities for companies to offer new products and services that integrate…
