Home Automation Market Size, Share & Industry Analysis 2029

Gmi Research07 Dec, 2022Technology

Home Automation System Market was valued at USD 36.2 billion in 2021 and is projected to reach USD 78.2 billion in 2029, growing at a CAGR of 10.1%. The factors driving the growth of Home Automation System Market includes rise in homeownership rates, growing smartphone penetration rates around the world, increasing demand for home automation systems at residential and hospitality sectors and improvements in living standards