In 2023 How Is Smart Home Usage Increasing In The UK?

We are all increasing our smart home usage, we love smart home tech, whats not to love? you can set your heating to come on when you say get within 2 miles of your house, you can create room “moods” for those special moments! and you can do all this from the palm of your hand via your trusty smart phone. But are you the leader in your friend group smart stats? just how much is smart home usage increasing in the uk?

Don’t Know What You’re On About, What’s Smart Home?

Smart home has been around for a while now, but as the tech becomes more accessible, easier to use and most importantly, cheaper more and more people are taking advantage of it. The basics are you can buy a device, usually called a hub, that can control everyday appliances in your house like a light, your heating or security. if you want to know more check my more in depth post here

Ok, I Get It, So Is Smart Home Usage Increasing?

Hell yeah it is, and us Brits love it, compared to its early days when the only thing you could get it to do would be to dim or turn off your £120 Philips Hue light bulb, theres a whole host of devices your can control. Just check the stats.

• In 2018, there were 5.9 million smart homes in the UK, representing 23.1% of all households.
• The number of smart homes grew by an average of 14.8% every year from 2018 to 2023, reaching 6.9 million in 2019 and then 8.1 million in 2020.
• In 2021, the number of smart homes surpassed 10 million for the first time, reaching 10.4 million.
• By 2022, the total number of smart homes in the UK was 12.1 million
• The latest smart home statistics from a survey show that as many as 14.2 million households in the UK were actively using smart home devices in 2023, indicating a 17.4% increase
• The current penetration rate of smart homes in the UK is 46.7%, and it is expected to grow rapidly and reach 61.2% by 2026. The estimated number of smart UK households for that year is 17.9 million
• The UK smart home market size reached £5.31 billion in 2022, and it is projected to grow by 12.34% (2022-2028), resulting in a market volume of £9.31 billion in 2028
• The British Smart Home market revenue is expected to grow at a CAGR of 11.63% between 2022 to 2027, reaching £7.61 billion by 2027
• On average, revenue gained from every installed Smart home is projected at £537.17
• 23% of British households own at least one smart home device, according to a YouGov survey.
• Amazon and Google have sold 150 million smart speakers in just 4 years check the market share table below:

• Smart Tv’s are the most popular smart home product in the world most probably because every tv sold now is smart!

98% of people who own a smart device are satisfied with their experience, according to a 2017 PricewaterhouseCoopers study.

• setting up a smart home could save you £317 a year when you think about the lights you could of left home, heating empty rooms or having your heating on till 10 o’clock when you’re in work at 9!
• Amazon Echo is the most popular smart speaker in the uk
• Smart home devices save most people an average of eight days per year, how? ‘I’ve forgot to switch off the light in the bedroom’ theres time spent going upstairs to switch it off. ‘How much beer have i got left in the fridge’ i’ll just look on the camera that fitted to my smart fridge.
• “Isn’t it just dead money” No it really isn’t, 65% of people would pay more for a smart home, according to a John Burns Real Estate Consulting survey of 22,000 people

And its only gonna get bigger check this page for super detailed stats

Conclusion:

Smart tech and smart homes are going away, once you make the jump you’ll never look back, trust me, I’m a Tech Doctor! but seriously, you need to embrace it with open arms, don’t worry about security, check my post here on how to secure your smart home, it’s not complicated check my post on setting up here. You don’t have go all in and Spend £1000’s in one go, you don’t even need a hub for a super simple set up you might just need an app. But be warned, once you witness how easy your life could become with smart tech you’ll want more an more, i mean who actually still closes the blinds with the little handle thing? what are we still in the 90’s??