Here's Why The Do-It-Yourself Smart Home Market Will Reach $7.8 Billion By 2019

According to our latest report published today at NextMarket Insights, the DIY smart home is expected to grow in the US from $1.3 billion today to $7.8 billion by 2019, an annual growth rate of over 43%.
 
The bigger question, however, might be why consumers are willing to become their own smart home IT managers, when just a few years ago home automation and smart home networks often meant a professional installer.
 
That’s because nowadays that barriers around price and ease-of-use have dropped dramatically.  Instead of complex proprietary software and controllers, today most of these devices require no more than a iPhone or Android device and an Internet connection.  Some, like locks, may require a couple turns of a screwdriver, but installation is within the capabilities of most.
 
And chances are, things will get even easier. Apple, Google, Qualcomm and other are all busy creating industry initiatives around software frameworks and protocols that will do some behind-the-scenes heavy lifting to make devices talk together and generally work more seamlessly. Apple’s HomeKit, for example, will turn your iPhone into a central controller for many of these smart products, and likely remove the need to manage a bundle of different apps as your device collection grows.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Light sockets; Not just for lights anymore

Light sockets; Not just for lights anymore

Smart Bulbs are out there and they can do far more then just provide light. Speakers, projectors, wi-fi extenders and more. The standard light socket that is wired up and ready to go in nearly every home in North America is now providing an easy and affordable option for home owners and renters alike to enter into the world of the "Smart Home". Here is a look at some of the Smart Bulbs and Smart Lighting options out there, and this list is just the beginning. In this ongoing article we hope to continue to add to and grow this list, so stay tuned!