Smart gadgets are expanding their influence to make homes smarter, simpler. We discuss why it has become imperative to consider home automation now
Posted on: April 7, 2022
By: Ishwinder Singh Vandal, Director, Vanbros Home
There is a burgeoning demand for innovative home technology, and it is here to stay with an imposing future. Research estimates that the global smart home market pegged at 78.3 billion in 2020 will grow to a staggering $135.3 billion in 2025, at a CAGR of 11.6%. The growth in the smart home automation market has witnessed an ascendant in terms of the size of the market and offerings. The demand for home automation in emerging economies is phenomenally high due to the rapid lifestyle transitions, exposure to global markets, high disposable income, and inundation of technology.
As per the latest inclinations, consumers are more than ready for technology-empowered homes that are secure and functional. And consumers seek very similar things like user-friendliness, state of the art connectivity, and longevity. Today everyone wants an innovative home technology that ameliorates day to day living with inconsequential and low-entry barriers. Today, each member of society is subjected to a fast-paced lifestyle that leaves little room for meaningless effort wastage. Consumers, therefore, need a smart home that lets them control home appliances from a mobile device irrespective of their location or proximity. People want systems that enable smartphone users to switch on their home appliances when in proximity to their homes. Some seek a system for providing home security against any threat, like an open door that should have been closed.
The home automation market is unequivocally brimming with growth opportunities and a scintillating future prospect. There is demand in almost every facet and category of the smart home technology market. Consumers ask for home security, access control, smart appliances and entertainment. Businesses demand intelligent building technologies, energy efficiency, occupancy sensors, and health management devices.
World over, category and domain experts are working to bring cutting edge innovations with the critical differentiating factor being the right price point. While the key factors guiding these inventions are comfort and security, the most sensitive of them is data privacy.
Let us delve deeper into some relevant home automation examples that are achievable in more complex forms and have recently gained popularity.
Almost all of us are acquainted with intelligent assistants like Amazon's Alexa and Apple's Siri. These powerful tools can interlock and harmonize into home automation for a vast range of functions. When your hands are occupied, these tools may be put to use for something as simple as "Alexa, put on kitchen lights." The utility and functionality are endless, and so is the convenience of needing the same.
Sensors have long been used to monitor movement, smoke, and temperature in malls, airports, and metro stations. Wireless communications, processors, and power management advancements have resulted in efficient, low-cost sensors that reveal multifarious information. Recent advances are now enabling these sensors to combine the ability to measure temperature, humidity, UV light, vibration, and motion as well. The compliance of sensors such as these can make it easier and more affordable to make homes convalescent, safer and more fortified.
The very same artificial intelligence and machine learning principles used to render Siri and Alexa smarter every day are being applied to home automation in varied ways. Another new and fascinating phenomenon is the recognition of objects and faces. A modern home's security or surveillance camera can now distinguish people, pets and often vehicles too. So if the camera detects some action, it can intelligently identify whether it is something or someone familiar like your pet or the regular working staff. Hence, the smart system doesn't warn you for every slight motion it detects.
The future is bursting with possibilities of home automation that are pertinent for a broad-spectrum audience. It provides abetment to the elderly, security to the vulnerable and relaxation to the overworked. Since energy efficiency is a crucial proclivity of home automation systems, they also contribute to making the planet greener. Consumers are sanguine that more and more service providers and original equipment manufacturers will find better solutions in the smart home industry to make their homes simpler yet smarter.
Ishwinder Singh who is the alumnus of celebrated Institutes like The Shri Ram School, Bradford University, UK and Victoria University, Australia has been an active participant in the family business since the callow age of 20. Under his thought process, Vanbros Homes grew from strength to strength scaling new heights. His prime focus area lies in the expansion of the current business and he is ardently involved in the entire life cycle of products.