Market trend briefs, news, articles and quotes by ON World

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Mary Purvis
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2024

Smart Home Security Sensor Market to Reach $1.6 Billion by 2028, Reveals ON World Research

News: The demand for smart home security sensors is on a steady rise, with projected revenues increasing from $1.1 billion in 2023 to $1.6 billion by 2028... More

Smart Door Lock Market to Double to $2.2 Billion by 2028, Finds ON World Research

News: The smart home revolution is unlocking substantial growth opportunities for the smart door lock market in North America... More

Video Security To Reach Two-Thirds of Households in North America by 2028

News: ON World, a leading authority in smart home technology research, forecasts a vibrant growth trajectory for the video security sector ... More

1 in 3 Households Will Have a Smart Thermostat by 2027

News: The market for smart thermostats in North America is on a trajectory for substantial growth with household penetration rates projected to increase to 33% by 2027 from 20% in 2023 ... More

Smart Plug Market Set to Surge

News: The smart plug market in North America is poised for substantial growth, with projections indicating an increase to ... More

Bright Future for the Smart Home Lighting Market

News: The smart home lighting market in North America is set to brighten considerably, with equipment revenues reaching... More

Amazon’s Ascending Influence: Adapting to the Smart Home Market’s New Reality

Trend Brief: Amazon has been at the forefront of the smart home revolution, evolving from a leading retail channel to a key player in the ecosystem’s development. More

2023

57 Percent of Smart Home Professional Installers Forecast Smart Home Growth This Year

News: A recent survey by ON World, a leader in IoT sector market research, has unveiled optimism among professional smart home installers, with 57% predicting an uptick in smart home technology adoption this year More

ON World Launches 9th Edition Smart Home Professional Installer Survey

News:Integration is a growing need for smart home users which has increased the need for professionally installe d systems... ON World's latest study analyzes this trend and provides an in-depth investigation of the post-pandemic smart home landscape. More

Nearly All Smart Lighting Users Have Integrated Solutions

News: According to a recent survey by ON World, 95% of smart home users have smart lighting products that work with other smart home products... More

DIY Used by 60 Percent of Smart Home Security Owners

News: Americans continue to turn to smart home security solutions as crime rates escalate across the United States. ON World's March/April survey with 500 smart home users found that... More

Two-Thirds of Smart Home Users are Planning to Purchase More Products

News: As smart home products increasingly appeal to new customers, existing smart home users continue to make up the bulk of purchases. For current users, the average number of smart home products per household continues to increase... More

Smart Plug Online Sales Increased 60 Percent Since Before Pandemic

News: ON World's recent analysis of smart plug users found that owning multiple smart plugs is most common and outdoor smart plugs are increasing nearly 2X faster than indoor ones...  More

Consumers Warm to Smart Thermostats as Electricity Prices Soar 15%

News: Rising energy costs are renewing consumers' interest in smart thermostats that have become one of the most popular smart home products. ON World's deep dive with smart thermostat users provides insight on their installation experience, preferences on features, add-on products, likely channels and brands...More

2022

$80 Billion Smart Home Security Market by 2028

News: Safety and security is the largest and fastest growing smart home segment. ON World's surveys with 3,500+ online adults in North America and Europe over the past year continues to find high interest in smart home security...More

What the Thread Group's Latest Update Means for Smart Homes

Trend Brief:  In a significant milestone for the upcoming Matter standard, the Thread Group has released its latest update to its wireless mesh network protocol, Thread 1.3.0... More

The Energy Crisis Ignites Demand for Smart Thermostats

News: After several years of relatively flat growth, smart thermostats are becoming a hot smart home product again... More

Innovations Will Drive the Smart Speaker Market to $22 Billion by 2028

News: Smart speakers are one of the fastest growing consumer products used by nearly half of US households last year after the first product emerged in 2014. More

45 Million Remote Patient Monitoring Recipients in North America by 2026

News: The COVID-19 pandemic nearly doubled adoption for remote patient monitoring (RPM) over the past two year...  More

Nearly Half of Smartphone Users Aged 55+ Have Connected Health Devices

News: Connected health devices are widely used by smartphone users and this trend has accelerated over the last two years for older adults, according to one of ON World's Q4 2021 connected health surveys... More

1 in 3 Caregivers Open to Using Smart Medicine Dispensers

News: Caregivers are increasingly adopting connected health devices to reduce their workload and improve the quality of care of their care recipient... More

$12 Billion Senior Connected Care Market in North America by 2026

Triend Brief: Connected care became a top priority in response to the coronavirus pandemic and Internet-enabled, at-home health services have become mainstream... More

$1 Billion Activity Monitoring Market by 2026

News: Smart home technologies are transforming the assistive care industry... More

Mobile PERS Disruptors Will Increase 4X Faster Than Dedicated Systems

News: Connected care became a top priority in response to the coronavirus pandemic and Internet-enabled, at-home health services have become mainstream... More

2021

1 in 4 Technology Early Adopters More Interested in Smart Home Energy Due to Covid-19

News: The COVID-19 pandemic has had a mixed impact on smart home energy solutions... More

$30 Billion Smart Home Safety & Security Market in North America by 2027

News: Rising crime and consumers' increased focus on home improvement has driven sales for smart home safety and security products over the past 18 months... More

Video Sales Surging, Up 55% Online in 2020

News: Rising crime and consumers' increased focus on home improvement has driven sales for smart home safety and security products over the past 18 months... More

$4.5 Billion Global Smart Home Lighting Market by 2026

News: Within the next five years, over a billion smart lighting products will have been sold worldwide... More

Online Sales of Smart Home Products Jumped by 60% in 2020

News: Sales for smart home products continued to grow last year despite the COVID-19 pandemic... More

Green IoT Gaining Momentum with Energy Harvesting

Trend Brief: Sales for smart home products continued to grow last year despite the COVID-19 pandemic... More