Smart Homes: What They Are And Why You Should Invest In Them

Recent research has found that close to 31 billion global devices will have internet connectivity capabilities by the year 2020, and that includes real estate technology. Individuals are increasingly connecting their homes to the internet and their smartphones for more efficiency and built-in tech options are popular solutions. The world’s greatest tech giants from Google to Amazon have already seen the potential in creating residential home-based tech and more companies are following suit.

Here is what the smart home of the future will look like, and what you should invest in now.

Introducing Residential AI and IoT

Smart homes equipped with Artificial Intelligence and Internet of Things capabilities will allow homeowners to track their location inside the property. This is powerful because it creates the possibility of the home using where you are located within the structure to adjust settings like lighting, music volume, temperature and more. In these futuristic smart homes, AI will be a backbone for individual preference management and will automate gadgets found in the home today.

Companies such as Crestron are creating software which tracks an individual’s personal habits like music preferences and lighting choices in order to pre-emptively activate them when they enter the home. The expert projections for the growth AI-based home applications including automation, security and more will amount to 46% of all M2M connections in existence by 2021.

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