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http://dx.doi.org/10.22156/CS4SMB.2019.9.6.146

Implications of the Increase of Single Person Households for High-Tech Industries: Focusing on AI Adopted Products  

Cho, Jae-Yung (Department of Advertising and PR, Chungwoon University)
Publication Information
Journal of Convergence for Information Technology / v.9, no.6, 2019 , pp. 146-152 More about this Journal
Abstract
This study discussed implications of the increase of single person households (SH) for high-tech industries especially focusing on artificial intelligence (AI) adopted products, based on critically reviewing the past researches on their characteristics including consumption trends; the improvement of AI technology; and its market potentiality in various industries. According to the results, SH spent more time with others like friends and neighbors more than couples. Younger people increasingly chose to live alone by their own free will for achieving their goals. 'Living alone' or 'going solo' is not thought negatively any more, but as a new market power in the future. Considering their value oriented consumption behaviors based on spirit of independence and individualism, they will need high-tech products more like AI adopted products than others because of their advantages for the value of single life. Thus, the rapid progress of AI technology is predicted to bring them satisfaction of their wants and it is suggested to prepare for the market segmentation of SH as AI end-users.
Keywords
Single Person Households; Living Alone; Artificial Intelligence; High-Tech Industry; Artificial Intelligence Products;
Citations & Related Records
Times Cited By KSCI : 5  (Citation Analysis)
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