Is this the year of the smart home? If so, it looks like security and home control are two of the driving forces.
According to a new research report by Parks Associates, about 64 percent of the smart devices currently in the home are part of security or home control systems.
The report, Evolution of Smart Home and the Internet of Things, includes data from a Q1 2014 survey, which featured 10,000 U.S. broadband households.
The smart devices mentioned in the study include a wide range of products, from lighting controls and security cameras to programmable thermostats, motorized door controls, and much more.
“The smart home is an emerging market with multiple channels, from service channels to retailers such as Staples and Lowe’s,” said Tom Kerber, director of research for Home Controls & Energy at Parks Associates. “The majority of smart devices installed today were acquired as part of a security or home controls system deployed by providers such as ADT, Comcast, or AT&T. However, consumers are starting to buy individual products such as smart programmable thermostats and smart smoke detectors in greater numbers and install them as stand-alone devices—but with the expectation that these new devices will interact with all existing and future devices in the home.”
According to Parks’ findings, over one-third of smart thermostats in the homes surveyed were purchased as stand-alone products. That calculates to about 34 percent, the highest percentage among all smart products listed. Honeywell is leading this product category, accounting for about 25 percent of all smart thermostats in U.S. homes. GE topped the list for smart lighting products.
Another interesting tidbit that came out of the study is that almost 4 percent of U.S. households will have some type of smart home controller by the end of the year. Those numbers are expected to increase to nearly 6 percent by 2015.
Parks Associates’ Internet of Things research is currently available for purchase. The company also plans to discuss its findings, as well as other smart home and Internet of Things topics, at an upcoming event. Industry leaders, analysts and others are invited to hear more at Smart Energy Summit: Engaging the Consumer, which will run from February 16-18, 2015, in Austin, Texas.
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Over the past 15 years, Rachel Cericola has covered entertainment, web and technology trends. Check her out at www.rachelcericola.com.