Home Automation Market Size Worth USD 253.18 billion by 2031, Garnering 16.6% CAGR

Home automation is the automatic control of electronic devices in your home. These devices are connected to the Internet, which allows them to be controlled remotely. With home automation, devices can trigger one another so you don’t have to control them manually via an app or voice assistant. For example, you can put your lights on schedules so that they turn off when you normally go to sleep, or you can have your thermostat turn the A/C up about an hour before you return to work so you don’t have to return to a stuffy house. Home automation makes life more convenient and can even save you money on heating, cooling, and electricity bills. Home automation can also lead to greater safety with Internet of Things devices like security cameras and systems.

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Home automation works via a network of devices that are connected to the Internet through different communication protocols, i.e. Wi-Fi, Bluetooth, ZigBee, and others. Through electronic interfaces, the devices can be managed remotely through controllers, either a voice assistant like Alexa or Google Assistant or an app. Many of these IoT devices have sensors that monitor changes in motion, temperature, and light so the user can gain information about the device’s surroundings. To make physical changes to the device, the user triggers actuators, physical mechanisms like smart light switches, motorized valves, or motors that allow devices to be controlled remotely.

In October 2020, The Honeywell Home ProSeries Security and Smart Home Platform is now available from Resideo (US). The ProSeries Platform extends Resideo’s comprehensive portfolio of connected security systems and services by offering dealers a complete, end-to-end solution that ranges from an entry-level security system to a fully integrated smart home solution.

Applications of Home Automation:

  • Lighting
  • Safety and Security
  • HVAC
  • Entertainment
  • Others

Benefits of Home Automation:

  1. Security
  2. Energy Efficiency
  3. Savings
  4. Convenience
  5. Comfort
  6. Peace of Mind