The smart home tech industry is expected to grow exponentially in the coming years. An estimated 32% of US households currently have a smart home product. By 2022, that number is expected to jump to 53%. With growth comes change—as technology advances, it translates to even more intuitive smart home products that will change the way we live in and interact with our homes.
With the smart home industry growing, most people want to know exactly what that means, and what they can expect. We compiled some quotes from important and highly involved people in the smart home community. If you want to know what the future of technology has in store, you’ve come to the right place.
“I’m hoping for some real progress on standards. The smart home market has huge potential, but it’s still too fragmented. Consumers shouldn’t have to think about whether they want to invest in Nest, Amazon’s Echo line or products that support Apple’s Homekit. I expect to see greater cross compatibility and less focus on platform lock-in.” – Vik Patel, Nexcess
Like any product when it is growing at a fast rate and the demand is higher, we can expect for the prices to drop. We can expect that smart home technology will become more attainable and affordable. The integration of smart home products will become a focal point for homebuilders. Advances in technology will also make it easier to integrate smart home products into older homes. At the same time, the price point for the smart home systems will continue to drop.
As a consumer this is great news. Smart home technology will eventually become the norm in every household and it will be something that everyone can afford. Right now is good time to be tracking smart home products and their prices. You can watch as prices begin to drop, getting the best products and the best deals is the ultimate goal.
“Naturally, smart home tech will continue to become more accessible and inexpensive to the mainstream. As consumers become accustomed to the conveniences that come with smart tech, they will begin to seek out these efficiencies outside of the home. Next year, we are likely to see an uptick in commercial smart building tech, particularly offices seeking to adapt to more mobile workplace trends.” – Arie Barendrecht, WiredScore
We will see the evolution of accessibility when it comes to our smart home and smart home devices. The emergence of voice activated technology will begin to foster independence and make everyday life so simple and impossible tasks, turn into a breeze. It will provide peace of mind and comfort when it comes to situations that in the past were overwhelming.
Talking to our smart home devices and using them to complete daily tasks more officially will become the social norm. We can expect that in future years most daily tasks will almost seem impossible without our smart home automation devices.
“Home technologies will integrate into so much more of our daily lives. Voice control of technologies that are included in your phone, TV, home audio and even car dashboard will be commonplace. Voices is going to be the breakthrough advancement that really allows these technologies to become ubiquitous.” – Tyler Shield, Signal Sciences
For now, most smart home setups are made up of an assortment of only partially connected devices that are usually not part of the master design of the home. Eventually more connectivity would mean that your home would do things like remind you if you left the doors unlocked, the lights on, the fridge open, and so on without having the program custom IFTTT commands.
While this is possible today, it does take a lot of work and setup and requires a 3rd party app to make it possible.
“Homeowners will like the idea of more cool ways to control their homes. Surveillance has become more necessary to combat crime, as more people work from home and want to protect their physical and intellectual property. Appliances also could be a focus since people would like their appliances to take on more of the workload.” – Charles Brown, Due
The future of smart home automation devices and controls is on the rise. You can read more articles on our site about smart home capabilities, best products, and how you can start to incorporate them into your daily life. Ultimately these devices are becoming so popular because they change the way we do things and make life a little or a lot easier for our customers.
For more smart home tech, visit smart home news for the latest and greatest IoT and industry news!