Remember the ‘Foodarackacycle’ machine from an episode of the 1962 animated series ‘The Jetsons’ that produced any food item at a click of a button? Back then, the home technology featured in the series was considered absurd. Around five decades later, even though we are yet to see floating buildings or flying cars, smart home technology has arrived and is thriving.
Emerging trends, rising desire for convenient lifestyles, tech-savvy consumers, as well as increased acceptance of cloud-based technologies have made the smart home market appear promising. On the flip side, there exist factors that might slow down the otherwise accelerated adoption rate for smart home devices.
We bring you some fascinating consumer insights regarding the adoption of smart home devices and the general trust people have for this technology that is slowly becoming a part of our daily life at home.
**Some of the graphs do not represent data adding up to 100 the associated survey questions were multiple choice.
Smart home devices are about comfort and convenience
In pursuit of convenience and considering the utility of household management, people are actively buying smart home devices. Thanks to an increased awareness of the potential of these devices. They do make our lives easier and more convenient while expanding entertainment options and making us feel safer.
However, some own these devices not for convenience but as a fad.