Voove Limited is selling its collection of SmartAppliances domains—.com, .net, and .org—noting that ownership of these domains will strategically position the buyer in the forefront of the burgeoning smart appliance market that is expected to exceed $26 billion by 2019 and reach an annual value of $34.9 billion by 2020.
Press presentations by industry heavyweights such as LG, Sony, and Samsung in advance of this year’s International Consumer Electronics Show reflect how the smart home sector has come of age—so much so that for the first time the smart home category has its own dedicated space at the Sands Convention Center during CES.
Smart appliances revolutionize the way people interact with their everyday world. As consumers become more educated about the value of smart appliances, demand will soar. According to a December 2014 report by Navigant Research, revenue from home energy management (HEM) products and services alone will grow from $846 million in 2013 to $2.4 billion in 2023. The purchase by Google of Nest Labs for $3.2 billion in 2014 has shown the market that major technology companies see value in smart appliances.
SAP, the German enterprise software corporation, predicts that the networked economy will be the next economic revolution, creating more than 70 billion connections between people and their appliances and other devices by 2020. New opportunities for business will drive innovation and growth and transform society. Smart appliances are at the heart of this transformation.
A survey by Acquity Group found that nearly two-thirds of those surveyed plan to own an Internet-connected device for their home. Acquity further forecasts that by 2019, nearly 70 percent of consumers will have a connected thermostat, and 60 percent will invest in a smart security system.
Voove chief executive officer Angus Doyle believes, “This is the perfect time to offer the SmartAppliances domain set to the marketplace. We have been investing in domain names since the 1990s and have a passion for future technologies. Selling this collection of domains will allow us to raise the capital required to expand our operations throughout Scotland and the rest of the United Kingdom.”
The SmartAppliances domain set is priced at $1.22 million USD.
A digital media and technology solutions company, Voove Limited has more than 25 years of experience in providing consumers and businesses with fast, efficient technology support. The company also manages a portfolio of domain name assets, web services, and online real estate valued at more than £3 million GBP, including 10,000+ premium domain names in 40 vertical markets.