Tech Made Simple

Hot Topics: How to Fix Bluetooth Pairing Problems | Complete Guide to Facebook Privacy | How to Block Spam Calls | Snapchat Symbol Meaning

We may earn commissions when you buy from links on our site. Why you can trust us.

author photo

Report: Smart Home Tech Growing Even Faster than Predicted

by Fox Van Allen on November 03, 2014

Nest smartphone appThe adoption of smart and connected home technology continues to outpace expectations. Just a month after an Accenture report pegged smart home adoption at just 4%, a new market research report from the Consumer Electronics Association (CEA) suggests that as many as 13% of broadband households now own a smart home device.

The CEA estimates that 20.7 million smart home devices, such as smart thermostats, networked cameras and light switches, will have been sold in the U.S by the end of 2014. By 2017, this number is forecast to reach 35.9 million. The number of smarthome controllers, meanwhile, is expected to grow from 1.4 million to 3.1 million. The bulk of this growth appears to be coming from younger homeowners. Half of those surveyed who own a smart device are under the age of 35.

“It makes sense that early adopters of smart home devices tend to be younger, have a high-tech affinity and are four-times as likely to buy new technology as soon as it is available,” says Steve Koenig, CEA director of industry analysis. “More than half of smart home device owners say they want to use technology as a way to create more time with their family.”

Smart lighting (like the $15 GE Link) and smart thermostats (such as the Honeywell Lyric) are the two items at the top of most people’s connected home wishlists. When it comes to products already purchased, the most popular smart home items are smart door locks (38 percent), with smart kitchen appliances (34 percent) and power strips (33 percent) close behind.

You can read more about the CEA smart home study by visiting the organization’s website. If you’re interested in giving automated tech a try for the first time yourself, take a look at these affordable smart home options. And don’t forget to check out our interview with Nest Labs’ Matt Rogers for his insight on the future of connected home technology.



Internet & Networking, Sponsored, Computers and Software, Health and Home, Home Improvement, Automation Systems, Blog

Actiontec Electronics develops broadband solutions that connect people to the Internet, applications, and content they care about. We're turning the promise of the digital lifestyle into reality, enabling consumers to enjoy any content on any device in any room in the house.

Discussion loading

Home | About | Meet the Team | Contact Us
Media Kit | Newsletter Sponsorships | Licensing & Permissions
Accessibility Statement
Terms of Use | Privacy & Cookie Policy

Techlicious participates in affiliate programs, including the Amazon Services LLC Associates Program, which provide a small commission from some, but not all, of the "click-thru to buy" links contained in our articles. These click-thru links are determined after the article has been written, based on price and product availability — the commissions do not impact our choice of recommended product, nor the price you pay. When you use these links, you help support our ongoing editorial mission to provide you with the best product recommendations.

© Techlicious LLC.