IoT applications

The status of the Smart Home Industry

You’ve heard of smart homes before. But, to be real honest, it's very hard to understand how the industry is progressing and the benefits it brings. In this infographic you will find some in-depth information about smart homes. Here follow a couple reasons why smart homes will change your business strategies.

Voice Control
There is a growing demand for voice control capabilities in smart home products. 72% of Americans with smart devices want voice control capability. So whether you’re a manufacturer or a service provider. You need to make sure you develop products or services that are compatible with voice controlled devices.

Smart Homes Save Money
This technology has some useful applications. Smart thermostats are able to save about 20% off yearly warming and cooling costs. 45% of American smart home owners save an average of $98,30 per month. Use this technology effectively to lower the overheads and utility bills of your business.

America Leads The Revenue Charts
America spent $19,827 billion on smart home technology in 2018. They spend most of all the countries worldwide. This market is showing signs of rapid growth. Get in the game whilst it is still early. Earn customers’ trust and cash in on the sales to come.

Top Security Measures
62% of American smart home owners regard great security as the top benefit of owning this technology. 3 out of 5 Americans buy products with which to monitor their homes through their smartphones. You can use these same smart security products to monitor your business. It may even help to track and improve your employee productivity.​
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