Tabitha Morton, Head of Integration for Yale Smart Living, talks to IFSEC Global on the ASSA ABLOY stand about the state of the smart home in 2016. Discussing the company’s journey from mechanical to digital security, Tabitha showcases some of the smart security devices on offer and outlines findings in Yale’s home automation market research.

During the IFSEC exhibition, Tabitha also had a guest speaker opportunity and took to the stage to give her verdict on the Future Trends in Smart Buildings and Home Automation.

The key takeaways from the presentation are below:

  • Home automation is expected to create growth opportunities for residential security, with an estimated total market of £2.6 billion.
  • The five key drivers for the smart home market include: Smart Energy, Smart Security, Smart Entertainment, Smart Convenience, and Smart Health.
  • The industry will be a market of co-opetition where brands need to collaborate and integrate their products in order to survive the ever-changing landscape.
  • Yale is “a serious player in the smart home market but the leader in smart home security”.
    Adoption will take a three tiered approach – purchase of singular smart products, a connected security system, a fully integrated smart home.
  • Homeowners express demand for the ability to control their home security via a smartphone from anywhere at anytime. 67% want a clever alarm system, 62% expect remote locking of doors and windows, and 58% want CCTV throughout their properties.
  • The target demographics for the smart home market include: Young Couples, Busy Families, Silver Surfers.