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Top Reasons for Investing in Smart Home Technology

By Allison Halliday | May 18, 2017

The market for smart home technology products may have won over early adopters, but an article in IOTevolutionworld.com points out that these products haven’t yet been able to fully enter the mass-market.

Perceived barriers include the complexity of this technology and device pricing. To become more appealing to the mass market, manufacturers need to ensure their products deliver real value or else will need to lower prices without affecting the quality of these devices. Smart home devices should be easy to use and integrate into the home. The article highlights the three areas where smart home technology can be useful.

smart technology

The first is awareness, particularly as people live increasingly busy lives and may not actually be at home that much. Smart home technology provides homeowners with the ability to closely monitor their homes and to know what’s going on. One example is smart cameras with built-in facial recognition that are able to send an alert to parents when kids come home from school or when someone unknown comes to the door. These devices can be programmed to only alert users if something happens that is out of the ordinary.

The second is peace of mind which is often associated with smart home security devices. How often have you left home and wondered if you remember to unplug the iron or turn off the oven? Having connected devices makes it easy to find out the answers almost instantly without either worrying about your home or feeling that you need to go home just to check all is well.

The third is entertainment which has been a major draw for smart technology users. Devices such as Google Home and Alexa provide a lot of features, most of which are just for entertainment. But features that allow you to monitor your pet’s activities while you are away from home using Wi-Fi cameras can prove equally entertaining.

Making a home more energy efficient and improving its security are often primary concerns for people considering integrating smart technology into their homes. However, peace of mind and knowing your family is safe are far more powerful reasons than being able to adjust your smart thermostat from your smartphone.

Allison Halliday is a Realty Biz News contributing writer. She handles International Real Estate and is a seasoned blogger.
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