Smart home sales are constantly on the rise thanks to new innovations in the Internet of Things
This 2016, smart home sales are starting to rise exponentially. Thanks to countless innovations and breakthroughs in the home automation industry, consumers are finally seeing the potential. We’ve all gone through a point where we worry about leaving something on right before or as we leave the house. Thanks to smart homes, we won’t have to worry that much anymore.
Thanks to the growing trend of the Internet of Things, we, the consumers, are finally finding the importance of what they do. Automated homes in Australia and New Zealand might not be as popular compared to the other countries, but it’s really starting to set its foot in the consumer market. In fact, Telstra is already working on a smart home automation & security service.
Why Smart home sales are going up
HGTV Smart Home 2016 in Raleigh, North Carolina
It’s no surprise that sales for home automation has quadrupled in just 4 years of its commercial existence. Apart from consumers finding the need for it, experts discovered the benefits of giving home automation technology to the elderly as well as the war veterans. Not only that, big-time corporations are now finally taking their slice of the cake.
In Japan, Sony is teaming up with Tokyo Electric Power Co. (TEPCO) with the aim to provide 20 million smart homes. Thanks to the growing need for consumers to have “smart” technology. At this rate, smart home sales are bound to get higher and higher. The future is really showing everyone that smart homes is going to be a part of our lives.
Some smart home experts believe that these home automation sales are going to push us further away to the 2020 prediction. We might even achieve the goal sooner than 2020 if the trend keeps going up. For now, smart home sales are expected to increase thanks to new smart home controllers and remotes.
Smart home sales geared toward new consumers
One of the biggest successes in the home automation industry is the ability to attract new consumers into the market. It’s safe to say that more smart home devices as well as Z-Wave starter kits are going to be introduced to new consumers. Another popular choice for first-timers are lighting automation devices.
With Microsoft, along with other giant corporations, they are looking to unify all smart home standards under one protocol. If this becomes successful, it would be easier for smart home sales in general because consumers won’t have to worry about compatibility issues.
Today, smart home device compatibility limitations is real and it is hurting the progress of IoT. Luckily, these hindrances will be taken care of and consumers will finally see the true benefits of home automation. With this technology within our hands, we can finally leave the petty things aside and focus more on life.
Perhaps the best benefit of the increase of smart home sales is the fact that this technology will become a staple product in households starting today. Whether we are using it to assist our elderly into independent living, or simply making our lives a little more stress-free, smart technology is here to stay. Remember that.