Category: smart home market trends

Power of the Smart Home Market 2024: Transformations, Trends, Expectations

Smart Home Market 2024: Transformations, Trends, Expectations

A smart home is defined as a residence equipped with internet-connected devices that enable remote management and automation of various household systems, including lighting, climate control, entertainment, and security. This sector’s rapid growth is driven by advancements in technology, increasing consumer awareness, and a growing emphasis on energy efficiency and sustainability. According to Statista, the global smart …

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