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Strategy Analytics at CES: Most Homes Are Now Smart Homes

January 7, 2020 GMT
Strategy Analytics at CES: Most Homes Are Now Smart Homes
Strategy Analytics at CES: Most Homes Are Now Smart Homes

BOSTON--(BUSINESS WIRE)--Jan 7, 2020--

A major new report by Strategy Analytics, released to coincide with this week’s CES in Las Vegas, suggests that smart homes have now become the majority in the US. According to the survey of 2642 respondents in Q4 2019, 54% of homes own at least one smart home device, with the most popular being smart speakers, interactive security systems and smart thermostats. Smart home adopters say that the main reasons for buying into the smart home products are that they are easy to use, very convenient and that they feel more secure.

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Ownership of Smart Home Devices in US Homes. Source: Strategy Analytics 2019 (Graphic: Business Wire)

“After less than a decade as a commercial proposition, the smart home has already passed the tipping point,” comments Bill Ablondi, Director, Smart Home Strategies. “The fact that a majority of people have bought into the smart home shows that there is no going back – the smart home has become the normal home.”

Jack Narcotta, Senior Analyst, adds: “Our research shows that smart home products and services have improved people’s lives by removing some of the familiar frustrations associated with household technologies. Where people find value and convenience in smart technologies they are prepared to invest, and vendors wanting to benefit from this fast growing market need to focus on understanding and addressing those pain points.”

As well as the US, the study researched smart home adoption in France, Germany and the UK. Smart home adoption rates have now reached 50% in the UK, 40% in Germany and 38% in France.

Strategy Analytics’ experts are available for further discussion during CES and can be contacted as below.

About Strategy Analytics
Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com

For more information about Strategy Analytics
Smart Home Strategies
Smart Speakers and Screens

View source version on businesswire.com:https://www.businesswire.com/news/home/20200107005962/en/

CONTACT: Report contacts:Bill Ablondi, +1 203 984 2955

wablondi@strategyanalytics.comJack Narcotta, +1 617 614 0798

jnarcotta@strategyanalytics.comDavid Watkins, +33 611070032

dwatkins@strategyanalytics.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS CONSULTING OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE PROFESSIONAL SERVICES CONSTRUCTION & PROPERTY BUILDING SYSTEMS OTHER TECHNOLOGY SOFTWARE NETWORKS INTERNET INTERIOR DESIGN CONSUMER ELECTRONICS

SOURCE: Strategy Analytics

Copyright Business Wire 2020.

PUB: 01/07/2020 01:37 PM/DISC: 01/07/2020 01:37 PM

http://www.businesswire.com/news/home/20200107005962/en