Internet-of-Things, or IoT for short, is a term you’ve likely heard before. Although most commonly used in the tech space, it’s more than just a fancy buzzword. It’s all around us and only becoming more popular. IoT connectivity allows us to control various smart devices from the palm of our hands. It has already reshaped countless industries, and the home security industry is no exception.
But how has IoT reimagined smart home security and what could the future hold? With fresh innovations on the way, the smart home industry never looked brighter. Continue reading to learn more.
Where Smart Home Security Stands
The current state of smart home security is marked by an unprecedented integration of IoT devices. IoT has emerged as a transformative force, reshaping various aspects of our daily lives. The fusion of traditional home security with IoT technology has not only provided homeowners with advanced tools to protect their properties but has also redefined home security in the modern world.
From smart cameras and doorbells to remote locks and sensors, homeowners now have a myriad of options to fortify their homes against potential threats. These devices are interconnected, allowing users to monitor and control their security systems remotely through dedicated apps on their smartphones or other devices.
Where It’s Going
Looking ahead, the trajectory of smart home security industry will only increase, becoming more prevalent in our daily lives. Expectations are high for increased automation. The future expects seamless integration of smart home security systems with broader IoT ecosystems.
Here are a few analyzed predictions we can anticipate:
- The smart home industry is expected to be worth nearly $35 billion in the United States by the end of 2023.
- In 2024, more than 50% of Internet traffic to homes will be from smart devices.
- By 2027, there will over 29 billion IoT connections globally.
- By 2028, over 75% of households will have at least one smart device.
As smart home technology becomes more advanced, security systems will not only respond to predefined rules but adapt intelligently based on learned behaviors, elevating detection capabilities, minimizing false alarms, and optimizing performance.
The smart home industry is rife with opportunities with many innovations on the horizon, and these changes are coming sooner rather than later. The 2020s are shaping up to be a defining decade for the industry and the technology associated with it.
Consider a Smart Home Device
The rise of IoT in smart home security represents a significant leap forward in safeguarding our homes and loved ones. If you need to upgrade an old security system or want to integrate a smart home device, now is the perfect time to do it. Vector Security offers a wide range of smart home solutions, and we’ll work with you to create the perfect plan for your home.
Modern home security systems have ushered in a new era of convenience, connectivity, and efficiency. The journey towards a safer, smarter home can start today, and we’re always here to help. Check out our smart home solutions webpage to learn more or contact us, and we’ll be happy to help.