Global Smart Home Market, 2016-2022

nancymoore

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.

Smart Home Market

Zion Market Research has published a new report titled “Smart Home Market (Smart

Kitchen, Security & Access Control, Lighting Control, Home Healthcare, HVAC Control and

Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022”.

According to the report, the global smart home market was valued at around USD 24.10

billion in 2016 and is expected to reach approximately USD 53.45 billion by 2022, growing

at a CAGR of slightly above 14.5% between 2017 and 2022.

Request Free Sample Research Report @

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

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., can be controlled by

either a remote or a smartphone or tablet. These devices can be switched on or off from a

different location even if the device controlling them gets a signal for the same.

Homeowners are enjoying more convenience and comfort from basic security monitoring

and customized access to window coverings, appliances, lighting, irrigation, entertainment

systems and many others.Prominent drivers of smart home adoption are energy efficiency,

home security, entertainment, convenience/productivity, remote health monitoring and

connectivity.

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