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United States Smart Home Market is expected to reach US$ 70,126.7 Million by 2026, US$ 23,668 Million in 2020.
The smart home system needs a smartphone application or web portal to interact with an automated system as a user interface. Smart homes appliances and devices can be perpetually controlled, far away from any internet-connected place using a mobile or other networked device. With the smart home's arrival, the desire for convenience has created a revolutionary new market in the United States.
According to the 2019 Media Post, 69% of United States houses own at least one smart home product. According to the Consumer Technology Association (CTA) study, 83 million households and approximately 22 million homes own more than one smart home product. Americans prefer smart gadgets over traditional methods most because of their Control and Connectivity application. United States Home Internet of Things (IoT) Devices Market is predicted to grow with a double-digit CAGR of 19.83% from 2020 to 2026.