When it comes to keeping their homes safe, consumers trust smart home security devices to keep them safe, but only 17 percent currently have them installed in their houses, according to a new survey from PCMag.
Of the 1,500 people surveyed, 17 percent own smart home security devices; 14 percent either plan to buy one in the near future, or would consider it. About 3 percent said they used to own one but no longer do.
When asked what they trust most to keep their houses safe, 34 percent of respondents said smart home security devices. Twenty-five percent said local police patrols, 15 percent said traditional analog locks and alarm systems, 12 percent said their safe, and 11 percent said neighborhood watch groups.
When it comes to the benefits of smart home security systems, 48 percent said the peace of mind they offer is the most important draw. Another 29 percent said increased security is the biggest benefit, while 20 percent said it's the ability to remotely monitor their home.
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As for what type of smart home security devices people would consider purchasing, 42 percent said outdoor cameras, 33 percent said smoke and carbon monoxide alarms or leak sensors, 31 percent said indoor cameras, 29 percent said alarm systems, 23 percent said smart locks and doorbells, and 20 percent said motion sensors.
On average, consumers are willing to spend $491.90 on smart home security devices, the survey found. When asked how much they would shell out for such devices, 34 percent said up to $250, 16 percent said up to $500, 8 percent said up to $750, 6 percent said up to $1,000, 4 percent said up to $1,250, and 9 percent said they would pay more than $1,250. Another 23 percent wouldn't spend any money on smart home security devices.
In terms of what's holding people back from buying such products, 40 percent said cost is a concern. Thirty-eight percent are concerned about hacking, malware, and the cybersecurity risks of such devices; 31 percent are worried about companies collecting their private data; 20 percent worry using such devices could lead to the disclosure of their private information; and 18 percent worry it could allow companies to track their daily activities.