Smart Home 2030: The Future of Smart Homes According to Nice

The smart home landscape is constantly evolving, driven by technological innovations and a growing commitment to environmental sustainability.

According to a report by Verified Market Research, the global smart home market is projected to grow at a compound annual growth rate (CAGR) of 23.60% from 2024 to 2031, reaching a value of $1,048.72 billion by 2031^[1]. This growth is fueled by increasing demand for convenience and energy efficiency, as well as the rising adoption of voice assistants and IoT devices^[2].

Nice, a global leader in Home Management solutions, is at the forefront of this evolution, identifying key trends that will shape the industry in the coming years. These include voice assistants, retrofitting for modernizing existing buildings, sustainable smart homes, and designs focused on enhancing quality of life.

Technological Innovation: The Strategic Role of Voice Assistants

Voice assistants are revolutionizing how users interact with their homes, simplifying daily management and making homes increasingly intelligent and connected. This trend is driven by the growing demand for intuitive and customizable solutions that enhance quality of life through natural and immediate interaction with the home environment.

Thanks to Nice solutions, integration with major voice assistants already enables the control of shutters, lights, garage doors, gates, and other devices using simple voice commands. However, technological evolution doesn’t stop there. Personalization is key to meeting the needs of modern users, allowing for the programming of daily routines and activating predefined scenarios for tailored comfort. Whether adjusting temperature, activating security systems, or creating the perfect ambiance, the home dynamically and proactively responds to the user’s voice.

Aligning with this global trend, Nice is set to revolutionize the American market with the exclusive launch of the Nice Voice Assistant, currently available only in the United States and in English. Introduced in Denver at CEDIA 2024, a premier event for smart home technology, the Nice Voice Assistant will debut in Europe in 2025 at the ISE in Barcelona, positioning itself as a flagship solution for smart homes.

In today’s context, where privacy and data security are growing priorities for users and companies, the Nice Voice Assistant stands out with its proprietary system designed to ensure maximum security and full data control. Unlike many competing solutions, it operates entirely within a closed ecosystem, preventing any data leaks.

Designed to offer quick and comprehensive control of the smart home, the Nice Voice Assistant integrates exclusive features that surpass currently available solutions. This launch coincides with the rapid adoption of voice assistants in home automation systems, a trend that promises to enhance efficiency and comfort in homes^[3].

New Housing Models, Sustainability, and Retrofitting: A Future for All Buildings

Goal 11 of the 2030 Agenda for Sustainable Development promotes sustainable cities and communities, emphasizing urban regeneration to make urban spaces more resilient, inclusive, and efficient. In this context, modernizing existing buildings represents both a crucial challenge and a strategic opportunity for the smart home sector. Retrofitting plays a pivotal role, enabling the integration of Nice’s advanced solutions into existing structures, improving energy efficiency without invasive interventions.

With increasingly stringent regulations on energy efficiency, Nice solutions align with European goals, contributing to emissions reduction and improved energy performance in buildings. This trend is supported by growing awareness of sustainability in real estate investments, highlighting how sustainable buildings can increase property value and attract investments. The construction sector can significantly contribute to global decarbonization, with effective retrofit and renovation strategies potentially reducing CO2 emissions by up to 75%^[4].

Automation technologies can be installed in older buildings, transforming them into modern, connected environments. Plug-and-play solutions allow for smart functionality upgrades without invasive construction, making technological advancements accessible to a broader audience. 

Design and Well-Being: A Home Tailored to People

Ecodesign is becoming increasingly central to innovation in the smart home sector. Nice is committed to combining aesthetics, functionality, and sustainability using eco-friendly materials and minimalist designs that integrate harmoniously into living spaces. Nice solutions not only offer cutting-edge technologies but do so discreetly; wireless systems can be installed without altering the aesthetics of spaces.

Personalization of features is another key strength: users can create unique environments tailored to their specific needs. According to MarketsandMarkets, the growing adoption of smart devices and AI integration is driving the market towards new levels of personalization and interactivity^[5].

Nice’s technologies, powerful yet discreet, transform living experiences by enhancing daily comfort without compromising visual harmony. A concrete example is the Yubii Home App, developed by Nice for intuitive and centralized smart home management. Its fully customizable dashboard allows users to easily organize frequently used functions, configure smart devices, create personalized scenarios, and monitor energy consumption. This marks a significant leap in usability and convenience compared to previous versions.

Next Solar: Pioneering Sustainable Innovation in Smart Home Technology

In the realm of technological innovation applied to smart homes, the solar-powered tubular motor Nice Next Solar exemplifies how sustainability and efficiency can converge to improve quality of life at home. Launched in 2023 and showcased at the AWS Summit Milan in summer 2023, Nice introduced a patented digital service that, through its user interface, enables real-time monitoring of the remaining movements of the shutter before the motor’s battery is depleted.

This functionality is based on an intelligent algorithm that processes data related to various parameters, including:

• Geographical location: Adapting to the region’s typical solar irradiation conditions.
• Daily user habits: Predicting remaining shutter movements based on automation usage patterns to optimize available energy.
• Weather: Forecasting energy availability based on atmospheric conditions.
• House construction characteristics: Calculating optimal energy consumption considering thermal insulation and other structural variables.

This solution not only enhances user experience but also marks a decisive step toward more conscious management of home automation.

The Next Solar project embodies a vision of a future where technology serves not only the home and its inhabitants but also contributes to creating innovations that make daily life simpler, more efficient, and, above all, sustainable.

To find out more about Nice solutions, contact us!

[1] Verified Market Research, “Smart Home Market Surges to USD 1048.72 Billion by 2031, Propelled by 23.60% CAGR”, URL: https://www.globenewswire.com/news-release/2024/09/02/2939118/0/en/Smart-Home-Market-Surges-to-USD-1048-72-Billion-by-2031-Propelled-by-23-60-CAGR-Verified-Market-Research.html (17.12.24).

[2] Global Martket Insights, “Smart Home Market Size & Share – Trends Report, 2032”, URL: https://www.gminsights.com/it/industry-analysis/smart-home-market (17.12.24).

[3] IDC Corporate, “Smart Home Market on Track for Rebound Thanks to Emerging Regions, According to IDC”, URL: https://www.idc.com/getdoc.jsp?containerId=prUS52632124 (17.12.24).

[4] ESG360, “Decarbonizzare l’ambiente costruito: McKynsey indica 22 leve per ridurre le emissioni sino al 75%”, URL: https://www.esg360.it/esg-smart-data/decarbonizzare-lambiente-costruito-mckynsey-indica-22-leve-per-ridurre-le-emissioni-sino-al-75/ (17.12.24).

[5] Marketsandmarkets, “Smart Home Market Size, Share & Growth”, URL: https://www.marketsandmarkets.com/Market-Reports/smart-homes-and-assisted-living-advanced-technologie-and-global-market-121.html (17.12.24).