The Smarter Home: Latest Trends in Smart Home

The number of households that own smart home devices continues its slow-but-steady rise. As of Q2 2023, 42% of US internet households own at least one smart home device, like a smart thermostat, smart door lock, video doorbell, smart lighting, or a robotic vacuum cleaner. This is up from 29% pre-pandemic. Households with a security system continue to be smart home device champions – 72% of security system owners own a smart home device.

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of all smart home devices purchased in 2022 were purchased online, versus just 11% purchased from direct sales to the home.
of security system owners report that they added devices to their home security system after the initial installation.
of buyers report they purchased more than one device in the past year, with almost half of those opting for a bundle.

The full report, The Smarter Home: Latest Trends in Smart Home, is a Parks Associates Research Report commissioned by ESA and sponsored by Resideo to deliver the latest facts and trends to help you make informed decisions on capturing new customers through careful business strategy evolutions.

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