The smart home market is valued at USD 7913 billion in 2020 and is expected to reach USD 31.395 billion by 2026 and grow at a CAGR of 25% over the forecast period (2021-2027). Home automation and smart home are two ambiguous terms used in connection with a wide range of solutions for monitoring, controlling […]
Tag Archives: Smart Home Market Size
The smart home is integrated with advanced automation systems that control lighting, temperature, multimedia, security, thermostats, entertainment systems, window and door operation, which can be controlled by the user through smartphones and computers. Appliances used in smart homes are connected via the Internet, allowing users to remotely control and monitor appliances using mobile or other […]