Latest Trends in Smart Home Automation System and Smart Home Devices

Smart Home

The dream of owning a smart home is now a reality for most homeowners. Thanks to advancements in home automation technology over the decade.

Home automation modifies your home to automatically perform different sets of tasks. Many of the home automation systems rely on “Internet of Things (IoT)” devices, which make it possible to control different functions in your home through mobile and voice technology.

What is a Smart home automation system?

A smart home automation system allows you to monitor, track and control various appliances that are connected to the internet and can be controlled either on an app on your mobile phone or computer.

Lights

Lights

Appliances

Appliances like dishwasher, coffee maker

Electrical outlets

Electrical outlets

Heating and cooling systems

Heating and cooling systems

Security systems

Security systems (alarm system, doors, windows, cameras, locks)

Smoke detectors

Smoke detectors

Global Smart home automation market trends 2020

The smart home automation market is growing and has already impacted our lives. As the prices of IoT device prices continue to decrease, the general public has found more and more benefits to these products.

USA Flag

The United States is one of the countries that are fast adoptingsmart home systems in their households.

Global smart home market size is expected to reach 53.45 billion U.S. dollars Source

By 2022, the total consumer spending on smart home automation devices will reach up to80 billion U.S. dollars Source

Global Revenue From Smart Home Devices

There is a significant increase in global revenue from smart home devices between the years 2016 and 2018 jumping from 9.8 billion to over 18 billion U.S. dollars in 2018. Of that amount, the majority was generated from the Americas region, with a total of 8.4 billion U.S. dollars. Source

Trending Smart Home Devices

When asked about the top 3 devices, people wanted to control different devices via their smartphones.

CCTV 62%

wanted a video security camera

Thermostat and Lightning54%

looked for both- thermostat and lighting

  • In 2015, the global smart thermostat unit sales grew by 123%
  • By 2023, the smart lighting market is expected to reach 105.28 billion U.S. dollars
  • By 2024, global smart TV unit sales is expected to climb to as high as 250 million units per year.
Some of the trendiest smart home devices are:

1. Smart Garage doors

The smart sensors are integrated with a companion mobile app to open, close, and monitor your garage door from anywhere in the World.

Features

  • Open, close, and monitor your garage anytime, anywhere.
  • Integrate with Alexa and Google Home
  • Schedule time when you want to open or close the door
Smart Garage Doors

2. Smart Plug

TA Smart Plug turns any regular outlet into a SMART outlet.

Features

  • Operate remotely anytime, anywhere
  • Schedule time for all kinds of electronics
  • Simply drive in and activate lights.
  • Save energy and money
Smart Plug

3. Smart Camera

TSmart Camera is an security camera that allows users to lookafter their home and family – remotely.

Features

  • Closely monitor your home when away
  • Pull up real-time video feeds
  • Receive text messages or emails when the security system encounters a problem.
Smart Camera

Benefits of Smart Home Automation devices

Industry trends – Future-ready devices

There are three rising tech trends influencing the home automation market.

1. Voice-controlled home automation systems

Sometimes talking to voice-controlled systems almost makes you feel like you are in Star Trek. You can even name your Amazon Alexa “computer” if you want. From a practical side, smart home automation benefits greatly from the rise in voice systems like Alexa, Google Home, and Siri.

72%

72% of Americans now use voice commands to control smart home devices.

58%

58% Millennials have smart home devices with voice control

50%

50% Gen X have smart home devices with voice control

26%

26% of Baby boomers have smart home devices with voice control

2. Home Security

The global smart home security market was valued at about $2.14 billion in 2018 and is expected to grow to $4.37 billion at an annual growth rate of 19.6% through 2022. Source

Smart home devices such as alarms, cameras, and lockers are the preferred choice of many households because they are more safe and secure.

40%

40% of people prefer automatic lock/unlock ability.

64%

64% of people prefer to monitor or receive notifications on their mobile app.

3. Remote Monitoring and Control

One of the new trends in smart home devices is geo fence-controlled devices. Because users want to control who can access the device, they only make it accessible to a few people in the surrounding area.

This prevents many remote hacks by third parties

Popular Smart home devices

Real-world use case of Home Automation

Recently, we helped a Texas-based company by developing a mobile-based application to control selected Smart home devices by Voice command from anywhere and anytime.

With the help of the application, the user can open, close, and monitor their appliances as well as schedule a time for any activity. Voice and text notifications are also shared to update the user on the status of smart home devices.

Know more about our IoT based offering and services here.