Smart Home Devices - Are we ready for them?

Samuel Daviau

mage: Everett Collection / Rex Features Everett Collection / Rex Features

According to Business Insider, smart home devices will become ubiquitous in the next five years with 1.8 billion units shipped in 2019. These devices will change how we live.

There is a wide range of what people think makes up smart home technology. Some hear smart home and think “clap-on” lights or wireless controllers for your garage. Others imagine the Jetsons – a home life completely reliant on technology. 

In reality, smart home tech is part of the Internet of Things trend and includes all in-home connected devices from smart appliances (refrigerators) to safety and security systems (alarm systems) to energy equipment (thermostats).

Wireless devices, a term currently reserved for the telco industry, will be ingrained in every aspect of our lives at work and at home, and telco's and their retail channel will be the primary way these devices get installed and sold over the next 5 years. 

Here are a few quotes that speak to where we are in this becoming a reality. 

Where are we today?

“What consumers really want right now isn’t the fully automated life of sci-fi imagination—though that may well be what comes next—but the kind of smart tools that make life a little easier, less expensive, and more efficient—technology, in other words, that puts the control squarely in human hands.”
http://www.forbes.com/sites/emerson/2015/07/07/the-simple-truth-about-smart-home-technology/
“Target's Open House smart home space is ready for business. The space is designed to show off and sell the latest smart home accessories, as well as staging demos, tech talks and a place for local smart home entrepreneurs to meet up.”
http://www.wareable.com/smart-home/targets-smart-home-space-is-ready-to-blow-your-mind-1367

Where are we going? 

“Connected-home device shipments will grow at a compound annual rate of 67% over the next five years, much faster than smartphone or tablet device growth, and hit 1.8 billion units shipped in 2019, according to BI Intelligence estimates”
http://www.businessinsider.com/connected-home-forecasts-and-growth-2014-9
“Both Hanson and Foreman believe the future of smart home adoption comes in establishing clear standards to unify all smart home technologies and is working to develop the backbone that allows disparate products to communicate seamlessly with one another.”
http://www.wired.com/2014/10/smart-homes-of-the-future/

How do we prepare?

“A popular perception of the smart home is one of unfettered domestic bliss replete with robot hoovers, automated locks and self-refilling fridges. But underlying the potential benefits is a series of concerns about privacy, cybersecurity, democracy and the fate of the individual in a world of connected sensors and 24/7 monitoring.”
http://www.theguardian.com/public-leaders-network/2015/jul/17/smart-home-safe-future-internet-things-privacy
“To some analysts, the smart-home market bears a lot of resemblance to other technology markets in their infancy, as when PCs started hitting store shelves or local networking was becoming available. Without a standard way for devices to connect, users face the prospect that they might buy devices that could become technological dead-ends whenever a standard emerges.”
http://www.dispatch.com/content/stories/business/2015/06/29/troy-wolverton-smart-homes-require-devices-to-be-compatible.html

The smart-home revolution is coming.

Whenever the standards emerge, on security and connectivity, it's definitely a massive change that could mean making life more organized and with less stress.

About the Author

Samuel Daviau

Sam Daviau is a Dealer Growth Consultant at Statflo, the industry's first bottom-up approach to reducing churn, empowering wireless customer service to be more local, authentic and proactive.

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