Overall planned smart home device purchasing has been remarkably stable for more than a year hovering right around one-third of respondents saying they plan to buy a smart home device in the future.
As we have seen previously, even without an acceleration in the rate of buying, this level is more than enough to ensure the continued expansion of smart home device usage.
An important aspect of purchasing plans is the number of devices consumers plan on buying. With two-thirds (66%) of buyers planning to buy more than one smart home device, it’s a good sign that most buyers will not just be “one-and-done”.
Additionally, more than half (54%) of current owners plan to buy additional devices in the future, supporting the premise that the market is being driven by this group of respondents.
Looking at the specific devices that respondents plan on buying, smart cameras (12%) and smart doorbell cameras (12%) remain neck and neck as the most in demand.
The rest of the top five also remain the same order with smart thermostats (11%), smart lighting (10%) and smart plugs (10%). The continued emphasis on smart cameras of different types shows security remains a top use case among smart home buyers.