Smart home trends are not just an increase in smarter homes. They are about all the developments that enhance the quality of people’s lives.
In this ever-connected world, our homes are becoming smarter, more efficient, and increasingly responsive to our needs.
In this article, we’ll reveal 7 latest smart home trends that are taking modern homes by storm.
Imagine lights that dim when you’re ready to unwind, and reducing time spent on household chores – all within just a few taps on your smartphone.
That, and the new opportunity for an aging population to live independently for as long as possible.
All this and more is made possible through home automation.
Find out what areas of life will be most impacted by smart home technology.
Let’s dive in.
What Are The Biggest Smart Home Trends?
1) Energy Efficiency Improvement
With climate change and rising energy shortages, energy efficiency management has become a critical aspect of modern living.
One leading smart technology to keep your energy bills low and productivity levels high is the implementation of smart thermostats. Smart thermostats, like the Nest Thermostats, ecobee, and Honeywell Lyric, come with advanced learning algorithms.
They observe occupant’s behaviors and preferences to create customized heating and cooling schedules that align with usage patterns. You can also control your tech device remotely with smartphone apps and adjust temperature settings even when you’re out and about.
Imagine never worrying about leaving the AC or heat on when you leave home. Smart thermostats have the ability to sense occupancy in rooms and adjust energy usage accordingly.
Plus, these smart home devices give users juicy insights into their energy consumption patterns while suggesting ways to cut their costs.
Studies were conducted across 41 US states before and after installing the Nest Learning Thermostat, and the data revealed clear results. On average, the Nest Learning Thermostat saved 10% to 12% on heating and 15% on cooling. Based on typical energy costs when the studies were conducted, this translates to estimated average annual savings of approx. $145.
And this is just one example. Think of smart plugs, smart bulbs, and more.
The combination of energy efficiency, cost savings, and convenience makes it easy to see why smart home integration in modern homes is becoming so popular. It provides homeowners with increased comfort and control over their home environment.
With the technology continuing to improve, we can expect to see many more exciting applications in the near future.
2) Household Chores Automation
Household automation tools, like robotic vacuums and smart aids, have become a no-brainer thanks to our busy schedules and technological innovations.
And vacuuming is only one of so many chores that are being targeted for automation.
Experts predict that 40% of time spent on household chores could be automated within 10 years.
They anticipate that the time we currently invest in grocery shopping would reduce by 60% in 10 years, along with a 46% reduction in other redundant domestic tasks like cooking and cleaning. This means tidy homes with much less effort than what we are used to.
Such automation tools utilize advanced technology to infuse convenience into our lives (Think: Artificial Intelligence and the Internet of Things).
Robo vacs are designed to navigate through your home. Most new ones are programmed to avoid obstacles and perform cleaning tasks to mop living spaces efficiently. Smart robots use lasers to map the space around them and make smart cleaning decisions.
But cleaning is not the only avenue robots have invaded. Automation tools like smart ovens, refrigerators, smart pet feeders, smart lawnmowers, smart air purifiers, smart door locks, and smart coffee makers are only a few more examples.
The range of smart home gadgets is vast and continually expanding.
Smart ovens, for instance, can be configured remotely, allowing you to adjust your cooking times and receive alerts on your smartphone. Smart appliances like refrigerators can help you stay on top of your groceries. They can suggest recipes based on available ingredients and create automated shopping lists.
And the greatest thing is that this amazing revolution is already here.
3) Innovative Elderly Care & Aging-In-Place
The global population of individuals aged 65 and above is expected to increase from 771 million in 2022 to 994 million in 2030, and then reach a whopping 1.6 billion in 2050.
Can you believe it? This age group currently makes up around 10% of the world’s population, but by 2050, it’s projected to be nearly 16% of the entire global population.
With older adults spending more time at home, it’s become even more crucial to have smart home technology that can provide assistance and support. The growth of the smart home industry can play a significant role in promoting independent living and Aging-In-Place for our beloved seniors.
Smart homes, with their advanced technology, play a crucial role in ensuring the safety and well-being of our aging population. These well-designed smart homes promote the idea of older adults aging in the comfort of their own homes, while also offering economic benefits by reducing the need for external care providers.
Smart homes can provide residents with increased security, convenience, comfort, energy efficiency, and entertainment, taking their lifestyle to a whole new level.
Here are a few smart devices you can take advantage of:
- Wearable health trackers for monitoring heart rate, blood pressure, and ECG ratings
- Automatic pill dispensers for dosage reminders and notifications
- Smart home assistants with simple and touchless control via voice commands
- Burner alert for the stove for increased fire safety
- Smart door locks for remote home security and monitoring
- Smart water filtration systems to ensure good water quality
- Motion sensors and fall detection mechanisms to provide security and fast emergency responses
Dementia patients who tend to be forgetful may require extra monitoring and supervision. However, not all of them necessarily have to be placed in a full-time clinical care facility. With smart door locks and motion sensors, families and caregivers can have peace of mind knowing that their elderly loved ones are safe, while also reducing unnecessary hospital visits.
By integrating smart home devices like door locks, lights, cameras, security alarms, and smoke/CO detectors, potential hazards and changes in behavior can be monitored to address any distress or attention needed. These systems also provide added safety and convenience for the elderly.
We are all aging, let’s age smarter.
4) Remote Vacation Rental Management
Over the next decade, the short-term rental market is expected to grow rapidly, with a projected 11.2% compound annual growth rate from 2023 to 2030. The post-pandemic era has blurred the lines between work and leisure, fostering a flexible approach to remote work, according to Grand View Research.
The trend of listing apartments on platforms like Airbnb for short-term or vacation rentals has gained significant popularity due to the rise of the sharing economy. This trend allows homeowners to make extra income by renting out their properties to travelers or visitors for shorter durations rather than traditional long-term leasing.
Short-term or vacation rentals often charge significantly higher rates compared to long-term leases, particularly during the holiday seasons. In fact, some properties can make as much money in just a week as they would in a whole month from long-term rentals. Especially if your place is in a popular tourist spot.
Having smart home features installed in the residence, allows property owners to reduce their operational efforts, and ultimately provide a seamless and memorable experience for their guests. They also enable hosts to incorporate energy-efficient enhancements into their rental properties.
Eco-friendly vacation rentals have gained popularity, with 46% of surveyed Americans preferring accommodations that conserve energy and water, and 43% choosing environmentally-friendly rentals when available (TripAdvisor 2021 survey), as Grand View Research mentions.
With innovative technologies like keyless entry, automated check-in processes, and personalized climate control, guests can enjoy convenience and comfort from the moment they arrive. Plus, smart home technology systems, such as smart speakers, help offer a customized experience for guests.
Smart home features are a game-changer for Airbnb hosts and guests. With dedicated apps, hosts can easily manage bookings, ensure smooth check-ins, and stay connected with their guests. And for travelers, it’s all about the freedom and flexibility to enjoy a cozy home environment while exploring new and exciting destinations. It’s the best of both worlds!
5) Heat Protection & Solar Panels
With the pressing issue of climate change, it’s becoming more and more important to take proactive measures.
One home automation trend is to prepare residences for the increase in heat waves and extreme weather situations. Another aspect of how to live better with more sunlight is to leverage solar panels.
Take, for example, the use of intelligent window blinds to control natural lighting indoors. When you pair them with other solutions like smart thermostats or air conditioners, you can minimize energy consumption and still keep a comfortable temperature inside.
It’s all about finding ways to make a difference. Why?
The Earth has been warming since industrialization, with significant climate changes globally. The global mean temperature is now higher than it has been in the last 2,000 years.
In 2016, the world experienced its warmest year on record. 2020 followed closely as the second-warmest year. From 2012 to 2021, it was the warmest decade ever recorded since thermometer-based observations began. The global average surface temperature has increased at an average rate of 0.17°F per decade since 1901, which is similar to the rate of warming in the contiguous 48 states. However, since the late 1970s, the United States has been warming at a faster pace than the global average.
According to the EPA (Environmental Protection Agency) in the US, 2016 was the warmest year on record globally, and the past decade was the warmest since thermometer-based observations began.
Solar panels generate clean energy from the sun, helping reduce your carbon footprint. Smart home systems can be integrated with solar panel systems, and you can track your energy usage in real-time. This allows homeowners to adjust their homes’ interior temperature more efficiently based on how much energy their solar system is producing.
Homeowners are actively seeking energy-efficient solutions and incorporating sustainable and smarter elements into their homes. This trend will continue to grow in the decades to come.
6) Compatibility & Integration
This trend stands out as one of the most impactful in the realm of smart homes and will enhance the speed of adoption of home automation technologies.
Smooth compatibility, greater connectedness, and ease of use are crucial factors when it comes to a well-functioning smart home. To achieve it, we need good integration and compatibility between devices, so you can sit back and just press buttons to get things done in your home.
There are major developments in making smart home devices more compatible by introducing major standard technologies such as Matter, an open-source standard that is backed by major technology firms and is striving for industry-wide collaboration.
Ease of use continues to improve. You don’t need to be tech-savvy to set up many smart tech devices. So, if you have a smartphone and know your Wi-Fi login data, you’re solid. The trend is moving towards even higher ease of use for the end-user.
7) Conversational Smart Assistants & LLM
Conversational smart assistants and large language models (LLMs) are increasingly popular in our daily lives and cannot be missed in the list of major home automation trends.
You may know voice assistants like Google Home, Amazon Alexa, and Apple’s Siri, which offer integrated voice control experiences for your home. These technologies provide convenient capabilities but have limitations in understanding unfamiliar phrases.
Alright, now let’s dive into the captivating world of large language models, also known as LLMs.
ChatGPT, fueled by one of these models, has gained immense popularity. It actually understands everything you type. Although it can’t guarantee all answers will be true, it gets your intentions and is able to engage in discussions to clear up any misunderstandings.
Language is the primary means through which humans express themselves, and the fact that we now have powerful machines capable of understanding our speech is reminiscent of something out of a science fiction movie. This technology opens up a world of possibilities for smart homes and home automation, propelling us into the future.
The potential of these advancements is truly mind-boggling and will shape many aspects of life and the world we know. It is needless to say that the home automation and smart home space will profoundly be impacted as well.
Plus, what’s truly remarkable is the positive impact these advancements have in combination with other technologies such as speech and voice recognition – on a wide range of individuals. People who are visually impaired, disabled, or elderly are experiencing newfound independence and freedom, thanks to the increased accessibility to many home automation features through voice or text.
There you go.
These are 7 of the most important smart home trends that will shape the industry and the globe over a decade.
The leaps we are making in technology are not just about creating smarter homes, but ultimately about enhancing the quality of life for individuals across the spectrum.
As we move forward, the potential benefits for various demographics – from the visually impaired and elderly to the exceedingly busy – are immeasurable.
This is an exhilarating era, and we look forward with anticipation to further advancements and their transformative potential.