U.S. Smart Home Market to Grow $15.2B Growth Between 2021-2025

Technavio looks at the market size and provides a forecast on growth drivers, challenges and vendor analysis.

  • Technavio

 

NEW YORK-- The smart home market in the U.S. is poised to grow by $15.2 billion during 2021-2025, progressing at a CAGR of almost 18 percent during the forecast period, according to Technavio. 

Technavio has announced its latest market research report titled Smart Home Market in U.S. by Technology and Application- Forecast and Analysis 2021-2025

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing consumer interest in home automation.

The smart home market in US analysis includes the technology and application segments and geographic landscape. This study identifies the rising need for energy conservation as one of the prime reasons driving the smart home market growth during the next few years.

Technavio has announced its latest market research report titled Smart Home Market in US by Technology and Application- Forecast and Analysis 2021-2025

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