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.
We're also looking at how the pandemic has created new ways of living, and which trends are likely to remain. One of those trends is how people intend to invest more in their homes after working from home for the past 18 months. 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.
Another trend we continue to see is the enormous strength in the professional services industry, and its commitment to serving its security and HVAC customers. These professionals are typically in and out of people’s homes daily and they have made swift changes to meet new customer concerns, questions, trends and increased demand.
Room by Room Analysis
Consumer needs, lifestyles and household patterns have shifted dramatically during the last year. 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 as a result of the 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 outdoor and indoor video cameras. For example, the number of networked cameras in a home has increased since 2019, and that rate is expected to increase.
- Bedrooms. Restlessness during the pandemic increased as did people's mental load. 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 a home after it became a fortress against the pandemic.
One way many of our customers help find 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 integrates all elements of the smart home: from lights and locks to smart thermostats and perimeter security. For example, before going to bed a homeowner can easily check to ensure the house is closed up: the Chamberlain garage door is closed, the Schlage and August smart locks are secured, the Lutron lights are off in the office, and the Z-wave lights and lamps are dimmed throughout the home – all from the comforts of your bed.
Another area to keep an eye on is the residential new construction industry. 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.