Smart homes quickly continue to transition from the stuff of
science fiction to reality.
There are currently 47.4 million smart homes in the United
States, with experts forecasting the industry to reach $46.77
billion by 2025. Much of this growth is driven by the rise of the
Internet of Things (IoT), as interconnected devices are
becoming increasingly commonplace.
In terms of home automation, the future looks bright. As early
as 2016, 45% of Americans owned or planned to buy smart
home technology. Experts expect this number to grow as
awareness and acceptability of the technology increase.
Here are some of the things homeowners can expect in the
● Smarter appliances: The average American home has
about ten major appliances, many of which are becoming
smarter thanks to the IoT. Refrigerators can now order
groceries when they run low, and washers and dryers can
notify you when a load is done.
● Improved energy efficiency: Home automation systems
can help homeowners save money on their energy bills by
automatically adjusting settings based on usage patterns.
Artificial intelligence (AI) is also playing a role.
What to Expect From Home Automation
For example, Nest's Learning Thermostat uses AI to study
your heating and cooling habits and then creates a custom
schedule that conserves energy.
● Greater security: Home security is becoming increasingly
automated, with more homeowners able to monitor and
control their homes remotely through smartphones. Insurance
companies are also beginning to offer home security
automation systems discounts. Those with smart home
devices can expect a 10% to 15% cut from their premiums.
We are on the cusp of a new era in home automation. Smart
homes are no longer a thing of the future—they are quickly
becoming a reality.
Homeowners looking to future-proof their homes would be
wise to invest in smart home devices and systems now. Not
only will they be able to take advantage of all the benefits of
having a smart home, but they'll also be prep