How Smart Will Homes of the Future Be?

The global demand for home automation is expected to rise from USD 48.7 billion to USD 89.6 billion by 2026, with the boom in remote working and a demand for personalized comfort and security being at the forefront of many homebuyers’ minds. Future homes will anticipate home owner’s needs and keenly study their habits and preferences to ensure that everything from temperature to music are exactly as they would wish. The following are just a few trends set to take over the smarthome market.

Many residents living in smarthomes are already reliant on AI-powered voice assistant gadgets, which inform them regarding the weather, news, or general queries. Future homes will rely on AI in a much more significant manner. IoT company Creston, for instance, is currently developing a software that will track each dweller’s habits – everything from the type of music they enjoy listening to when they get home to which lights they use at specific times of the evening. Once the software understands these intricate habits, it then sets out to ensure that all these aspects of homelife are automatically switched on in line with obtained data.

Smart homes are seen as a good investment for those wishing to save on energy bills. HVAC systems, for instance, account for almost 32% of an average home’s electricity consumption and using smart thermostats to monitor habits can help prevent wastage. Saving one of the world’s most prized resources – water – is also on the future agenda of the home automation industry. In the future, waste water from showers and toilets will be transformed into valuable sources of energy. This water can be captured and refiltered to boost a home’s water self-sufficiency. Smart toilets, meanwhile, could calculate how much water is needed to dispose of waste, thus putting an end to the ‘standard flush’.

As smarthomes become the norm rather than the exception, it is expected that financial institutions and governmental bodies alike will facilitate the switch to these homes – especially those that employ renewable energy and water saving measures. Homeowners will be able to access a wider range of home loan options and calculate their refinancing costs if necessary so as to afford necessary investments in home automation, solar energy panels, water saving systems, and more. Home automation will be seen as a crucial component of strategies employed by the green cities of the future.

In addition to enjoying the convenience of automated security systems, thermostats, lighting and music, homeowners will also have a wider array of smart devices at their disposal. Just a few of these include smart beds made with Magnismartech technology (which analyses how you sleep, adjusting your mattress appropriately), smart fridges (the Samsung Family Hub already undertakes online shopping tasks, displays photographs on its screen, and contains timers for home chefs), and smart security devices (Somfy’s Outdoor Camera sends out a verbal warning when a person gets too close to your home and triggers a loud siren if they do not leave). Finally, wearable tech will be making a huge splash in home automation, with smartwatches enabling homeowners to turn the lights on or off, turn TVS on, ensure that all doors and windows are locked, and more.

It’s an exciting time for home automation, with many developments in progress focusing on everything from security to wearable tech. AI will be used to adjust lighting, music, and temperatures to users’ habitual use. A wide range of devices will also be on hand to take charge of cleaning, security, automatic online food ordering, and more.