By: Alice DeBiasio, VP Global Product Management – Security
More than one-third of U.S. broadband households own at least one smart home device, according to Parks Associates. At Resideo, we’re proud to work alongside key stakeholders from across the industry to identify the opportunities in the connected home landscape, create more connections between more objects, simplify development for manufacturers and increase compatibility for consumers.
I recently spoke at CONNECTIONS, the Premier Connected Home Conference that is hosted by Parks Associates, alongside other device makers and platform providers about the key trends and dynamics impacting the smart home industry.
One thing I highlighted during the panel is the strength in the professional services industry and their commitment to serving their customers during the pandemic. I am so proud of our security and HVAC professionals – who typically are in and out of people’s homes daily – and their swift adaption to new customer concerns, questions, trends and increased demand.
During the panel, we discussed what new ways of living will remain after the pandemic is over as consumer needs, lifestyles and household patterns have shifted dramatically during the last year. And those highly intending to make changes to a home express a higher inclination of buying smart home devices in the future, with 69% planning to buy at least one smart home device, compared to 40% on average.
Room by Room Analysis
Based on industry trends and insights from our network of professionals, following are some predictions about the household patterns that will remain and continue to grow following the COVID-19 pandemic.
Home Office & Home Gyms. Often thought of as bonus rooms you usually close off for privacy, home offices and gyms were a necessity during the pandemic to get work done and to take care of ourselves. They are likely to be a fixture that stays. At-home connected workout systems continue to be robust, and many employers, including Resideo, are rolling out hybrid work models for those employees that can complete work remotely. Indoor air quality in those rooms is important – especially because these rooms are often located in basements or areas with less air filtration. Homeowners can set the right temperature for morning workouts while helping ensure that Carbon Dioxide levels remain in check as they spend more time exhaling in these spaces. It's also important to deliver comfort through proper filtration, humidification and temperature control through Resideo's Honeywell Home smart thermostats.
- Garages & Outdoor spaces. Outdoor spaces, garages, and driveways often saw socially distanced events and mini makeovers during the last year. Moreover, homeowners are adding perimeter security to secure those new spaces. As the use of video calls increases for communications, so too will appetite for additional video cameras. For example, the number of networked cameras in a home has increased since 2019, and I predict that rate will continue to increase.
- Bedrooms. Restlessness during the pandemic was a real issue due to the mental load we were all carrying. In fact, website searches for strange dreams, sleep and insomnia were at an all-time high in February 2021; and the emotional impact the pandemic has left on people is far-reaching. As a result of wanting increased safety and security, the industry saw a renewed spark to enhance and upgrade elements of our home after it became our fortress against the pandemic.
One way many of our customers help feel peace of mind at night is to have professional monitoring of their entire home. The Resideo ProSeries Platform brings it all together: it’s a life safety platform, a smart home integration platform and intelligent software/back-end management platform that that integrates all elements of the smart home: from lights and locks to smart thermostats and perimeter security. I keep my wireless touchscreen panel on my nightstand, and I can easily check to ensure I closed up the house: my Chamberlain garage door is closed, the Schlage and August smart locks are secured, the Lutron lights are off in my office, and I can dim the Z-wave lights and lamp modules throughout the home – all from the comfort of my own bed.
Another area of the industry to keep an eye on is the growth in residential new construction. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development’s March 2021 results show more than a 30% increase in housing starts from a year ago. Yet, there is a shortage of U.S. skilled trade professionals, which is why we teamed up with the Building Talent Foundation to help solve building talent shortage.
We continue to strive to offer consumers an intelligent, automated, and unified experience, and work with a variety of smart home partners and home builders to bring that to life. If you’re looking for additional smart home or security tips to help keep your home safe, find a professional or download Resideo’s security infographic to learn more.