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News & Press: Public Awareness

ESA Forecasts Smart Home Features That Will Become Mainstream by 2019

Thursday, November 13, 2014   (0 Comments)
Posted by: ESA Communications

For Immediate Release

PRESS RELEASE

ESA Media Contacts

Shannon Murphy
Vice President,
Sales & Marketing
Phone: (888) 447-1689 ext. 6835
E-mail: shannon.murphy@ESAweb.org


Jaclyn Sion
Marketing Manager
Phone: (888) 447-1689 ext. 6818
E-mail: jaclyn.sion@ESAweb.org

ESA Forecasts Smart Home Features That Will Become Mainstream by 2019
Connected home market to reach $39 billion in next five years


Irving, Texas (Nov. 13, 2014)
— Smart homes are catching on among homeowners nationwide. Reports from Strategy Analytics show that the market for connected home devices is estimated to reach $18 billion by the year’s end and $39 billion by 2019.

Here are a few features that are entering the smart home market and are sure to be on the wish lists of many homeowners in the next five years.

Electronic Locks
Consumers use electronic locks in their cars and at the office, but they haven’t adopted the technology as quickly in their homes. However, that could change in the coming years. Electronic locks are convenient and also provide more control over who accesses your home and the timeframe in which they enter.

There are a few different ways to access electronic locks, but homeowners commonly utilize systems that operate through a pin-code or smartphone. Electronic locks that use pin-codes require you to enter a personal identification code to unlock the door. Multiple pin-codes can be assigned to the system, so it’s a perfect solution to give contractors or housekeepers access to your home without leaving them with personal keys.

A smartphone key uses a digital “key” to authenticate your access and unlock or lock the door. With this system, you have the ability to electronically send relatives, friends or service providers “keys” and limit their access to a specific date range and time. Many of these locks can operate without power and Internet connection so you won’t have to worry about being locked out because of an outage. Additionally, you can find some models that have traditional locks built into the system.

Smart Thermostats
Many homeowners have already entered the wonderful world of automated climate control via smart thermostats, and thanks to the feature-rich, user-friendly interfaces, there is sure to be a sharp increase in consumer adoption over the next few years.

These devices are aptly named because they are a lot smarter than the average thermostat. Not only does a smart thermostat give you the power to adjust the temperature in your home remotely, but they also learn your preferences over time. For instance, you can turn off the air before leaving for work and remotely turn it back on before returning home at night. The system will learn your schedule and adjust itself accordingly, which can mean big savings on your heating and cooling bills.

Security
Home protection is at the top of many homeowners’ lists. In fact, research shows that security is the most important feature of a smart home to 67 percent of consumers and 100 percent of respondents said a smart home system without security features would be unacceptable.

There are many ways to secure your home with a smart security system. A few of the most coveted features include the ability to remotely arm and disarm the security system; remote access to view feeds of home surveillance cameras via a smartphone or tablet; Wi-Fi connected smoke and carbon monoxide detectors; and instant e-mail or text notifications of activity within the home. These features not only provide enhanced home protection, but also peace of mind for your entire family.

No matter what upgrades you want to make to your home, be sure that you choose a professional company that is a member of the Electronic Security Association (ESA) and is capable of delivering high-quality products and services. To find an ESA member company in your area and learn more about home security, please visit www.Alarm.org.

ABOUT ESA

Established in 1948, the Electronic Security Association (ESA) is the largest trade association representing the electronic life safety and security industry. Member companies install, integrate and monitor intrusion and fire detection, video surveillance and electronic access control systems for commercial, residential, industrial and governmental clients. In cooperation with an alliance of chapter associations, ESA provides technical and management training, government advocacy and delivers information, advice, tools, and services that members use to grow their businesses and prosper. ESA may be reached at (888) 447-1689 or on the Web at www.ESAweb.org.