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Considering it's estimated at $80bn and expected to grow to double that by 2026 in NA alone[1], not sure how you can say it's just a HN thing. Even in home buil
by waboremo 3y ago
Considering it's estimated at $80bn and expected to grow to double that by 2026 in NA alone[1], not sure how you can say it's just a HN thing. Even in home building its impacts are huge, with most home builders now having plenty of smart home packages, such as Mattamy in NA partnering with Ecobee and Fernsby. People expect more from their homes.
Perhaps you might be viewing smart homes in too narrow of a view to recognize how wide spread it is.
[1] https://www.mordorintelligence.com/industry-reports/global-smart-homes-market-industry https://www.mordorintelligence.com/industry-reports/global-s...
- cratermoon 3y agoOh, I know new construction of both single-family and multi-family is a big market, but that's at the behest of the developers. The people buying and renting don't necessarily choose those things, and many renters would prefer their landlord not be able to control their home. Their choices are then limited to whether or not they are able to find housing without smart features. Again, the question comes down to whether or not the residents are the market. > People expect more from their homes That sounds like housing industry hype. People want an affordable, safe, secure home. They don't necessarily want or even need to check the status of their HVAC over the internet while on vacation in Maui.
- waboremo 3y agoSure, they want a safe secure home, and part of that is smart home features. I don't know why you're really downplaying it here, it's not as if smart home features are exclusive to the "dumb" things like checking HVAC over the internet. You can look up plenty of statistics regarding smart homes, and every one of them shows growth, and increase of demand. Especially considering smart homes cost more, this isn't a limitation, as most smart home packages are an additional cost to their rent/purchase. Going back to Mattamy, this is an additional monthly subscription. Again, I don't understand your attempt to downplay this. It seems narrative driven rather than objective. You want to believe something is true, so you come up with ideas like landlords being enough of a big market to double smart home industry in 3 years.