Smart Home Market Pegged for Robust Expansion During 2018-2026 Smart Home Market report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions
BriefingWire.com, 4/09/2021 - The Global Smart Home Market size was valued at US$ 76.2 Bn in 2017 and is expected to reach US$ 191 Bn by 2026 to exhibit a CAGR of 12.17 % during the forecast period.
Smart Home is the term generally used to define a residence that has appliances, lighting, heating, air conditioning, TVs, computers, entertainment audio & video systems, security, and camera systems that are capable of communicating with one another and can be managed remotely by a time schedule, from any room in the home as well as remotely from any location by phone or internet. The smart home is one that gives its owners comfor