Home is where the heart is! Making your abode a smart home is more than just an upgrade. It is all about making our lives more comfortable and efficient. This guide will give you an overview of the top 10 smart home technology vendors and best practices to build the best smart home device that suits your lifestyle and needs.
Homeowners and home system integrators need to understand the functionalities of smart home systems and their compatibility to build a house that is technologically advanced, user-friendly, and seamlessly integrated. Before we jump into the key players in the market, let us have a look at the factors to consider while planning your smart home.
Best Practises to Build a Smart Home
Building an intelligent house can be an exciting journey for homeowners. However, it needs careful consideration to ensure that you make the most out of every penny spent.
Whether you are a tech geek or want to add convenience to your home, building an intelligent home can be the best step for you. Here are some steps that can make your home technologically advanced.
1. Determine Your Goals
Before you embark on a journey to embrace smart home automation to make your home more efficient, it is crucial to understand what exactly is your goal. Whether you want to streamline your daily chores, minimize energy expenditure, or enhance the security of your home, the goal of making a home smarter with technology should be clear. Homeowners who have a clear roadmap laid out before embarking on a journey to integrating these technologies can have a seamless transition.
2. Select and Integrate Devices That are Easy and Enhance Comfort
User-friendliness and comfort are the key factors that homeowners prefer to make their houses intelligent. People today want to control their home devices without having to move from their sofa or bed while enjoying their coffee.
Smart home gadgets such as intelligent lights, thermostats, and other smart home appliances like virtual assistants can help homeowners complete their daily tasks, adding convenience to their lives.
3. Implement Energy Efficient Devices
Considering the amount of pollution and greenhouse gases emitted in the atmosphere, leading to a global crisis, everyone should consider building an eco-friendly home. Integrating the right smart home gadgets will help homeowners to consume less energy. For instance, intelligent thermostats will understand consumption habits and set the temperature accordingly to avoid energy waste. Additionally, there are smart plugs that can switch off the devices when they are not in use. Homeowners can integrate smart lights that can adjust the lights depending on the availability of natural light. It is an effective way to reduce the expense of electricity consumption in the long run.
4. Embed Smart Home Security Devices that Enhance Safety
Home is the place where everyone feels secure and safe. As technology advances, it is helping us to make our lives more comfortable without compromising on security. Installation of smart cameras and other smart home security devices allows homeowners to monitor their houses from anywhere in the world. Even when you are not home, the doorbell camera can show you who is there outside the door, and if the doors are enabled with smart locks, you can grant access to authorized personnel from anywhere. Moreover, integrating smart smoke and carbon monoxide detectors will notify you if there are any fire risks detected even when you are not home.
Now that you have a clear road map to build a smart home. Let us now have a look at the key players in the market that you can consider selecting.
Top 10 Smart Home Vendors
There are various players in the market that design and deploy gadgets that can turn your home into an intelligent house. According to a report by Extrapolate, the global smart home market is projected to reach USD 790.19 billion by 2030, exhibiting at a CAGR (compound annual growth rate) of 25.06% between 2023 and 2030. Here is the list of the best players in the smart home technology market that businesses can consider from:
1. Emerson Electric Co.
Emerson Electric Co. is a key player in the smart home market. The company delivers a wide range of products designed to enhance comfort, energy efficiency, and convenience within the home.
2. Samsung Group
Samsung Group is a major player in the smart home industry, offering a wide range of devices and technologies designed to enhance home automation, security, entertainment, and connectivity.
3. Schneider Electric (SE)
Schneider Electric offers a range of smart home devices and technologies focused on energy management, automation, and sustainability.
4. SmartRent Technologies, Inc
SmartRent Technologies, Inc. is a leading provider of smart home automation solutions primarily focused on the multifamily real estate sector. SmartRent’s platform is designed to be highly scalable, making it suitable for both small properties and large multifamily complexes. The company’s technology suite enhances property management efficiency, reduces operational costs, and improves the overall living experience for residents.
5. Legrand
Legrand is a leading provider of smart home devices and technologies, focusing on creating connected solutions that enhance convenience, security, and energy efficiency in homes. Legrand's smart home solutions are designed to provide a comprehensive, integrated experience that enhances the functionality and security of the modern home.
6. Vivint, Inc.
Vivint, Inc. is a prominent player in the smart home industry, offering a comprehensive suite of smart home devices and services. Vivint’s smart home solutions put a strong focus on integrating various devices into a cohesive, easy-to-manage system.
7. ABB Ltd.
ABB Ltd.'s smart home solutions emphasize interoperability, energy efficiency, and user-centric design, making them a strong contender in the smart home market. Their products are designed to integrate seamlessly into existing home infrastructure, providing scalable solutions that can grow with the needs of the homeowner.
8. Centrica plc
Centrica plc, a British multinational energy and services company, is best known for its smart home devices and technologies provided under the British Gas brand, particularly through its Hive brand. Centrica plc, through its Hive brand, provides a comprehensive range of smart home devices that focus on convenience, security, and energy efficiency.
9. Snap One, LLC
Snap One, LLC is a prominent player in the smart home technology industry, offering a wide range of devices and solutions that cater to both residential and commercial environments. Snap One, LLC's portfolio is extensive and designed to provide complete smart home solutions, ensuring that all devices work together seamlessly for a cohesive and integrated experience. Their products are known for their quality, reliability, and ease of use, making them a preferred choice for professional integrators and homeowners alike.
10. Sony Corporation
Sony Corporation is a prominent player in the smart home device market, offering a range of products and technologies designed to enhance home automation and entertainment experiences. Sony's commitment to innovation is evident in its diverse smart home portfolio, which blends entertainment, security, and automation. The company's focus on high-quality audio-visual products, coupled with AI and IoT integration, positions it as a significant player in the smart home industry.
Make Intelligent Decisions to Build a Smarter Home
Developing a smart home has become more than a luxury today. Smart home devices are helping homeowners to develop comfortable and energy-efficient houses. These above-mentioned top 10 smart home device vendors can help homeowners transform their houses into smart ones.
