The cost of smart home devices concerns people more than their security vulnerabilities, according to a recent survey from Clutch, a market research company. While 26% of the survey’s respondents said that cost was their biggest concern, 21% said security vulnerabilities. The survey also found that:
- 76% of people recognize smart home devices, while 75% recognized wearables and 73% recognized digital assistants
- While 53% of people said that they own a smart home device currently, one-third plan to buy one with the next few years
- The largest benefit of owning a smart home devices was the ability to monitor and control devices remotely at 37%, while utility savings came in at 24% and 21% said making devices easier to use was the primary benefit
The survey, which polled 581 people in the United States, also found that smart security systems are the smart home devices that the respondents were the most familiar with and the most likely to own.
Michael Hennessy, CEO of lighting retrofit company Wavelength Lighting, said,
“IoT carries through to so many areas; it’s highly likely most people will own at least one smart device, if not more, in three years.”
Many of his customers specifically request smart lighting, continued Hennessy. Even if customers don’t specifically request IoT devices for their home security systems, many home appliances are being manufactured as “smart”, forcing the adoption of smart home devices, according to Grayson Kemper, Senior Content Developer and Marketer at Clutch.
Most People Don’t Know How Companies Collect Data From IoT Devices
A previous survey from Clutch found that most IoT-device users don’t know how companies collect their data. Only 40% of the survey’s respondents knew that their data is shared across multiple devices. One-third of respondents thought their data was not shared across multiple devices, while 29% of respondents said they weren’t sure if it was or not.