Home Automation Industry Insights Market Shares And Strategies Of Key Players 2019 - 2027
The trend of automation of home products has opened up new vistas in automation industry. The drive for these stems from the growing traction of smart homes and building, in terms of energy efficiency, comfort, safety, and security. Players in the home automation market are keen on unlocking new facets that straddle these proposition to explore new revenue potential. Making Homes Smarter Through Automation Become an Intractable Part of Lifestyle Technology-led smart homes have become key to sustainable living. Over the years, the developed world as well as the developing world have witnessed the inroads that home automation has been making in peoples’ lifestyle. Growing array of products in the home automation market have constantly raised the ante for developers of technology products meant for automation markets, especially for general consumers. Two key macroeconomic factors have fueled the trends. Rise in household disposal incomes as well as real personal disposa...