Smart Home Trends in 2024

Are you interested in updating your home to a smart home? Here's what you should know about smart home trends in 2024 and what to look out for to add to your home.

As we go on in the year, smart home technology is continuing to evolve and develop, bringing new innovations that will make our lives more convenient, secure, and energy-efficient. 

According to Fortune Business Insights, the global smart home market size was valued at $80 Billion in 2022 and is projected to grow to $338 billion by 2030. This growth shows the increasing value of adding smart home devices to increase your home's value, appearance, and efficiency. 

A growing number of households adopting smart technology means that consumers are looking for ways to make their homes more connected, but there are so many different options to choose from that it may be hard to figure out where to start and which fits your needs. 

A Statista study estimates that the number of smart homes in the United States will increase to 69.91 million, so here, if you are one of the homeowners who are interested in adding more convenience and efficiency to your home, take a look at the top trends to figure out what ones your home needs. 

From the integration of devices to the green technologies that help our planet, there are many new and upcoming ways to spur up your smart home and stay on the trends. Keep reading about the latest smart home technology that will be rising in 2024. 

Here are the smart home trends in 2024. 

1. Advanced Home Security

Security remains a top priority for many people, especially in smart homes. In 2024, we expect advanced facial recognition and motion sensing technology, enabling systems to distinguish between residents, visitors, and intruders while maintaining the privacy of the home. 

Some of the most beneficial connected home gadgets reside in the front yard, starting with an outdoor security camera, as well as a video doorbell that many people these days have, as well as intelligent luck. These smart home security gadgets are there to leave you feeling safe and monitored at your fingertips. 

For the highest level of protection, a professionally monitored smart home system may be an excellent investment for maximum protection. Depending on your location, the level of security, and budget, there are many different intelligent gadgets to add to your home to make you feel more secure. 

Below are some top pics of smart home security gadgets to add to your home. 

• Vivint Smart Home
• ADT Command
• Ring
• Arlo Security System

2. Sustainable Living

Smart homes are going green, and future trends include energy-efficient appliances, smart thermostats, and solar power systems. These technologies will not only reduce our carbon footprint but also significantly reduce utility bills. 

According to Climate Action, energy efficiency saves money, so having an eco-friendly home is an easy way to save yourself some money when being a homeowner. More energy-efficient products may seem expensive at the time, but they can save you money in the long run and lower your bills. 

On average, energy-efficient homes sold for about 2.7% more than comparable homes without any sustainability upgrades. These upgrades are some of the most valuable improvements to make to your home, especially due to the rise in technology. 

There are many benefits to sustainability and energy-efficient homes beyond financial incentives. Below are some of the pros of these eco-friendly homes. 

• Reduced Energy Bills: Energy-efficient upgrades can significantly reduce energy consumption, which leads to lower utility bills over time. 
• Environmental Impact: By reducing energy consumption, energy-efficient upgrades help lower greenhouse gas emissions and combat climate change, which contributes to a sustainable future
• Increased Home Value: Energy-efficient homes are in high demand in the market today, so making these upgrades can increase the resale value of your home and make it more attractive to potential buyers
• Comfort and Health: Energy-efficient upgrades often result in better insulation and improved indoor air quality, creating a more comfortable and healthier living environment. 

There are many other pros to having an energy-efficient home, so if you are intersted in upgrading your house, start researching what products and services you can add to your home for an increased living experience. 

Homeowners can save up to $3,200 annually on taxes for their energy efficiency upgrades. 

• Save up to $1,200 on Energy Efficient Home Improvements
• Save up to $2,000 on Cost of Upgrading to Heat Pump Technology
• Save 30% on Residental Clean Energy Equipment Upgrades

3. Voice and Gesture Control

Voice assistants are becoming more used. In 2024, we expect to see more intuitive voice control systems that understand our language. Gesture control will also be more prevalent and a more convenient way to interact with your smart home devices. 

According to Statista, the number of people in the U.S. who have voice assistants in 2023 comes out to about 146 million people. Virtual assistants like Amazon Alexa and Google Assistant have been members of the intelligent household for a decade and have only evolved over the years. 

Voice assistants are becoming more sophisticated due to the presence of AI. With technology continuing to evolve, we may see more smart devices being added to the market that use more voice control but also add gesture controls. 

Here are some mobile apps or voice control devices that are most popularly used. 

• Amazon Alexa
• Google Assistant
• Apple Homekit
• Samsung SmartThings

4. Health Monitoring

Smart homes can play a crucial role in health monitoring. Many wearables sync with home systems that can monitor vital signs and alert medical professionals in case of an emergency. Smart homes can also track air quality, allergens, and other environmental factors to ensure a healthier living environment. 

The frontier of health and wellness technology is continuing to expand with innovations designed to help health and mental health. Many products out there are advanced to cater to the convenience of technology and contribute to our health and wellness, creating a new era in home living. 

Smart homes can keep us healthy by:

• Air Quality Sensors: Monitoring the air we breathe, ensuring it is clean and safe while detecting things from allergens to harmful chemicals, and alerting you when it is time to let in fresh air or even change your HVAC filter. 
• Smart Beds: These can help you track your sleep patterns and help you understand what you need to get a good night of sleep
• Smart Appliances: Fridges, ovens, coffee makers, and many other appliances can track your nutrition and suggest recipes based on your health preferences. 

5. AI-Driven Personalization

While smart homes have been transforming our homes for years, the new horizon of AI (Artificial Intelligence) also expands into our lives. AI is not only about reacting to our commands or schedules but also about creating a living space that helps our needs more than ever. 

The evolution of smart home technology is adding more devices and mixing efficiency and personalization to our homes. AI is set to revolutionize smart homes by offering personalized experinces and will learn from your habits and preferences. 

Here are some ways the future of AI and personalization can be added to our smart homes. 

• Holistic Home Ecosystems: The Internet of Things (IoT) concept is evolving from smart devices to a comprehensive ecosystem that spans the whole house. This is a deeper connection between everyone who decides to work together, creating a seamless living experience. 
• From Schedules to Real-Time Adaption: Your smart home can detect your arrival and adjust your environment accordingly, whether turning on lights, changing the thermostat, playing music, or even preheating your oven. 
• Complex Routines Made Simple: Future smart homes will enable the creation of more complex routines that are easy to manage with advancements in technology settings, and the routines will be more straightforward and allow customizations. 
• Anticipatory technology: This is the new wave of innovation in smart homes that will understand your habits and anticipate changes in your routine. Smart homes will offer personalized experiences that are more adaptive and responsive. 

6. Smart Appliances and Robotics

Smart appliances will become more autonomous, and robots have become increasingly integrated into our homes and everyday lives. The House of Robots exhibition at the renowned European consumer electronics trade show demonstrated how robots can serve various functions in various industries. 

We have robots vacuuming, mowing, and doing many everyday household tasks. These robots are connected to the cloud, and apart from their functions, they develop the environment map while navigating their task to be effective. 

In the next few years, we are predicted to see more robots handling different tasks, especially ones that consume a lot of time inside and outside our homes. Due to the advanced technology, these robots will have more advanced features to ensure efficiency. 

All these robots will be connected to other smart home devices and appliances. Smart homes will never be empty; homeowners will never have to worry about improving their home security, comfort, and efficiency with these innovations. 

Here are some robots that are added to your homes and everyday lives. 

• Enabot Ebo X
• Ecovacs DEEBOT
• Shark IQ Robot
• EcoFlow Blade

7. Quiet Appliances

While appliances are essential, they can be noisy. Running fridges and washing machines can fill a home with unnecessary noise. In 2024, consumers are projected to turn away from loud appliances and lean more towards quieter ones to get the job done. 

Innovative capabilities in appliances have become the norm for many consumers because they simplify everyday lives and daily routines. Statista projects that the smart devices market in the United States will have a compound annual growth of 10.66% between 2022 and 2028. Even though intelligent appliances are highly popular, a new side of the trend is becoming more appealing. 

The National Kitchen and Bath Association released a report highlighting top trends in kitchens over the next three years, which feature emerging categories and shifts in products, color, and space. About 65% of the designers indicate that many consumers favor quiet appliances more. 

Quiet appliances are a new feature that people are starting to want, so if you are looking for an appliance that has innovative capability with calm efficiency, there are some items you should check out, such as the GE Profile Dishwasher, Miele Tumble Dryer, Liebherr Fridge, and others. 

Methodology

We used information from different sources and our data to create this guide about smart home trends in 2024. There were various data to use, so we put them together to help you understand the smart home trends of this year. 

• Fortune Business Insights
• Statista
• FreddieMac
• National Kitchen and Bath Association
• DealerScope

Above are a few sources we used to gather most of our information about smart home trends in 2024. 

FAQS

What is the newest technology in 2024?

It is clear that technology is constantly evolving, but in 2024, our technology has revolved around the new advancements in artificial intelligence (AI). 

What is the future of smart homes?

According to the Statista Research Department, the number of smart home users is predicted to grow by 11.43% from 2022 to 2028, resulting in significant market growth. 

Are smart homes becoming more popular?

Over half of U.S. consumers will adopt smart home technology by 2025. From 2021 to 2025, there is predicted to be about a 42% growth in smart home adoption. 

Smart Home Trends in 2024 - The Bottom Line

In the world of smart homes, speed and efficiency are essential. The need for this grows as we add new devices and features. The future of smart homes in 2024 is marked by advancements that blend convenience, security, and sustainability. 

These trends of smart homes show a shift to a more intelligent and responsive living environment in the comfort of our homes. As technology advances, our homes will not only be more innovative but will make our lives easier and more enjoyable than ever before. 

In 2024, consumers are looking for connected home products that help their everyday life and improve their quality of life. With artificial intelligence evolving, efficiency will play a big part in every smart home device you choose. 2024 is going to be a good year for smart homes and technology. 

If you are considering moving or selling, contact us or visit our website. Our team at Raleigh Realty is here to help you with any home buying or selling needs.