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Global Smart Home Market, 2016-2022

The advanced technology has enabled various devices to be connected and controlled by one device and this technology is used by smart homes. In smart homes, various devices such as lighting, AC, CCTV cameras, smart TV, washing machine, etc.

The advanced technology has enabled various devices to be connected and controlled by one device and this technology is used by smart homes. In smart homes, various devices such as lighting, AC, CCTV cameras, smart TV, washing machine, etc.

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<strong>Smart</strong> <strong>Home</strong> <strong>Market</strong><br />

Zion <strong>Market</strong> Research has published a new report titled “<strong>Smart</strong> <strong>Home</strong> <strong>Market</strong> (<strong>Smart</strong><br />

Kitchen, Security & Access Control, Lighting Control, <strong>Home</strong> Healthcare, HVAC Control and<br />

Others): <strong>Global</strong> Industry Perspective, Comprehensive Analysis, and Forecast, <strong>2016</strong>-<strong>2022</strong>”.<br />

According to the report, the global smart home market was valued at around USD 24.10<br />

billion in <strong>2016</strong> and is expected to reach approximately USD 53.45 billion by <strong>2022</strong>, growing<br />

at a CAGR of slightly above 14.5% between 2017 and <strong>2022</strong>.<br />

Request Free Sample Research Report @<br />

https://www.zionmarketresearch.com/sample/smart-home-market<br />

The advanced technology has enabled various devices to be connected and controlled by<br />

one device and this technology is used by smart homes. In smart homes, various devices<br />

such as lighting, AC, CCTV cameras, smart TV, washing machine, etc., can be controlled by<br />

either a remote or a smartphone or tablet. These devices can be switched on or off from a<br />

different location even if the device controlling them gets a signal for the same.<br />

<strong>Home</strong>owners are enjoying more convenience and comfort from basic security monitoring<br />

and customized access to window coverings, appliances, lighting, irrigation, entertainment<br />

systems and many others.Prominent drivers of smart home adoption are energy efficiency,<br />

home security, entertainment, convenience/productivity, remote health monitoring and<br />

connectivity.

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