The refrigerator calls out when it’s time to buy more eggs, the washing machine chooses the best program for your clothes, the thermostat remembers your heating and cooling preferences. It may sound a little futuristic, but that’s how our homes are evolving.
Under the term Smart Home we’re summarizing all appliances, HVAC, lighting, entertainment systems, security, and many more devices that are connected and can communicate with one another. They can be controlled from remote and improve our home experience, also reducing time and power waste – with relevant savings even on energy bills.
There are tens of millions of Smart Home devices worldwide, and global market is expected to reach USD 55.7 billion by 2025, growing at a CAGR of 16.8% year after year. Despite this great interest, the Smart Home industry remains quite fragmented and it’s hard to figure out which devices are simply fun, and which one could provide real benefits. Furthermore, the range of available smart devices is expanding rapidly, and it’s not so easy to understand how to install, configure, and manage them.
Most consumers buy smart appliances when designing a new house, so architects and professional installers are their key influencers. But about 30% of purchases is now shifting towards consumer electronics stores (both online and offline), insurance companies, utilities and telco operators, which are smarter in offering packaged Smart Home services for ready-to-use solutions.
We see an increased need for intuitive platforms to smoothly manage Smart Homes, as users want to control their devices as easily as possible, using familiar interfaces such as touch displays, smartphones and mobile apps. The availability of digital platforms, like our Movibell, which enable Smart Home application is a step forward in making technologies accessible to a wider and less experienced audience.