Do you ever wonder if you’ve left an appliance on at home? Do you double-check if you’ve turned off all the lights? With smart homes, these worries will be a thing of the past. An increasing number of people, smart home statistics show, are enjoying the benefits of home automation devices—like easy and remote access to all their appliances and more. And why shouldn’t they? Who wouldn’t want cutting-edge gadgets in their home doing most of the work? Or a security system ensuring that their family has the best protection possible? That being said, smart homes are not without risks. People have an innate distrust of AI devices, which is understandable given how easily breached certain home automation systems can be. So before you say yes to a smart home, check all the facts and stats to confirm that home automation is the right choice for you.

Key Home Automation Statistics to Help You Get Your Home in Order

• There are an estimated 175 million smart homes in the world.
• Most of the revenue from the global home automation market is generated in the US.
• 86% of millennials would pay more for a connected home.
• More men own smart home systems than women.
• 57% of respondents say that smart devices save time.
• Smart heating and cooling systems can save smart home users 50% in energy use.
• 40.8% of smart homes have at least one device vulnerable to cyber attacks that put the whole home in danger.
• Printers are the most vulnerable devices in the home.
• 56% of US adults say they feel comfortable with smart home technology.
• It costs between $970 and $3,310 to turn a home into a smart home.

Bottom Line
Smart homes are comfortable, convenient, and safe—and let’s be honest, they look pretty cool too. Despite the numerous advantages of owning a smart home, the best part is probably the endless potential this technology has to offer. With the smart home statistics, growth projections, and technological advances painting an exciting future, the sky’s the limit for connected homes. Who knows? Maybe a robotic maid won’t just live in our imaginations but become an integral part of our state-of-the-art, machine-operated homes.

Click here to find out more home automation industry statistics, smart home demographics, stats, facts and FAQ.

30 Smart Home Statistics for Your Own High-Tech Castle by Ljubica Cvetkovska | Comfy Living