The Future of Home Automation Systems Industry: Trends, Technologies, and Consumer Insights
The home automation system market size was valued at USD 57.67 billion in 2024 and is projected to reach USD 73.49 billion by 2029; it is expected to register a CAGR of 5.0% during the forecast period.
The home automation system market has rapidly evolved, driven by technological advancements and changing consumer lifestyles. Home automation encompasses a variety of technologies that allow homeowners...
Home Automation System Market Expanding with Growth in IoT Applications
With the continuous developments and innovations in technology, home automation solutions are rapidly evolving, thus providing better performance and efficiency coupled with conservation of energy and lower costs of labor. It involves various applications such as lighting control, safety and security, entertainment, HVAC controls, etc. The growing awareness regarding the energy conservation and digitization...