Table of contents
The main aim for bringing technology into our lives was to reduce the human effort and increase the efficiency of a task. Automation has been a part of our lives from 1946, when an engineer from the Ford Motor Company coined the term for using automatic devices for manufacturing to 2020 where our homes are filled with machines which has reduced our task effort and made our lives more comfortable. Machines like washing machines, vacuum machines, dishwashers etc. were invented almost 100 years back and started the idea of what an automated home would look like.
Before automation, the traditional home idea was a lot different as all the tasks were done manually which increased the cost of maintenance and living and made it hard to manage big properties without huge labor force. Today, the market of Smart Homes is expected to grow by an outstanding CAGR of 15% for the forecasted year 2020-2025 and had a market size of $70 Billion in 2018 as per IndustryARC. North America has the biggest market share in this with 28% in total which shows a great future potential in the area.
Smart phones, smart cameras, smart televisions- Smart is becoming more of a lifestyle then just a technology. It resembles a lifestyle which is updated, customized and automated as per your needs and requirements. Then why not Smart Homes? It’s becoming a need to have a Smart Home that is fully controlled over your fingertips and informing you about decisions to take and improvise. Alexa by Amazon or Echo by Google, these devices are already making customization easier on lower levels. The residential real estate firms are offering built in Alexa powered homes in India so that the adaptation would be flexible for the consumers. The completely integrated household which is communicating to each other on your one command is the future we are looking for.
For elderly or people with disabilities, it’s a breakthrough where the Smart Homes are making their life really simple. Cameras who are using smart analytics can be a great help in security or electrical fans/lights/air conditioning which can be controlled on your voice command or from a phone device are the smart tech we are talking about here.
The ability to communicate with each other and then work together by using some basic analytics is something that we humans do to keep up with the task or for better efficiency. Then why shouldn’t our machines or devices do that? Here is where IoT technology comes into the picture. This technology is already creating and collecting some genius statistics in the business world and helping some customer centric companies to provide a better experience to their customer base. They help in coagulating the data from every touch point and bring them to the center where essential decisions are made. It’s doing the same with the devices available at your home and bring the statistics to you. With a little help from AI, these communication channels are setting the ecosystem of your home in which you are comfortable as per your mood. IoT technology is cost efficient and environmental friendly at the same time with better security.
One of the examples for how an IoT can change the picture of an ecosystem was captured when 24 Fitness came to us. The problem statement was a better coordination between the wearable device, the app and the firm. By leveraging the IoT technology, we developed an interface which was faster, integrated and helped the brand to stay ahead of the competition.
When the space can be cleaned and sanitized as per your need with complete integration with your other home appliances, it can be a big relief after a tiring day and a happy shower.
Many of them are already in the market and have been getting alot of positive feedback. These cleaners can work 24*7 without causing harm to any living being and keeping the house clean at the same time.
Doing your laundry is not a task for the weekends only anymore. Now, it can be done no matter where you are or what you are doing. Just with a phone click all this can be done and you will be back to some washed out clothes.
Imagine a wall that can completely turn into a television and then get back to being a wall when you are not watching it, pretty cool right? These walls with every bit of a function of a television is very stylish as it looks and provides great experience for the viewers as well.
After a very hectic day, a good sleep is the only thing you would want. Thats where smart beds come into the picture where it can give you warmth as per your need, track your sleeping cycle and many other things. This helps you to monitor your sleep routine as well helps you to start every with a new energy.
Imagine a chef that has memorized all the cooking lessons and can cook anything that is available on this planet to eat. It’s a very futuristic idea but seeing the market and new revolution in the kitchen business, this will be available soon in your nearest stores.
The world is revolving with a greater speed than before, not literally but the evolution in technology in the recent decades is giving us the same idea. Every business model or product has somehow encountered an episode with the new technology that is getting updated on a regular basis. With the time of fast moving and great ambitions, people don’t have much time to maintain their household all by themselves and then have a comfortable stay at the same time. Smart automated integrated homes is a market that will grow exponentially with time, it is just waiting for the people to get completely used to hanging around with these smart techs.