The year 2020 has long been a benchmark for when the smart home will finally be mainstream, but according to the results of a survey released by Coldwell Banker Real Estate LLC, that time may come sooner than originally thought.
Parks Associates has released new industry research reports on the smart home and connected devices indicating that security is leading the way in this market area followed by connected lighting and smart thermostats. The new reports provide in-depth analysis of industry trends and consumer research.
Growing awareness and demand for smart home solutions has reached mass market scale, according to survey results from global technology research firm ON World.
The global smart homes market is expected to grow at a compound annual growth rate (CAGR) of 17 percent between 2015 and 2020, and reach $58.68 billion by 2020, according to a new market research report published by MarketsandMarkets.
A new smart home study released by Lowe’s found that more than 70 percent of smart phone users in America just wish they could control something in their home from their mobile device without getting out of bed. Lowe’s 2014 Smart Home Survey examined Americans’ attitudes and experiences with home automation.
From a market size of $13.07 billion in 2013, the global smart homes market is forecast to grow at compound annual growth rate (CAGR) of 20.3 percent to reach $47.61 billion by 2020, according to a new study by Grand View Research.
The global smart homes market is forecast to be worth $51.77 billion by 2020, growing at an estimated compound annual growth rate (CAGR) of 17.74 percent from 2013 to 2020, according to a new Smart Homes Market report published by MarketsandMarkets.