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5G technology is making it possible to integrate more smart devices into the home, such as smart thermostats, security systems and surveillance cameras, and connected home appliances. This allows homes to become more efficient and automated, which in turn reduces energy costs and improves homeowners’ safety and comfort.

The Internet of Things, or IoT, creates a network where smart devices combine their data to communicate inferences, engage in decision-making and direct actions. Once seen as a key improvement to conventional industrial methods, IoT has crept into the domestic sphere as well, lending a helping hand in home maintenance.

The Smart Home Market Share is set to witness immense growth during the forecast period 2022-2029. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape etc.

Smart trends are no longer reserved for the most high-end homes or saved for an upgrade years down the line—people are actually buying homes today with an eye on the existing smart home tech that’s already included. These are some of the biggest smart home tech trends happening right now.

It’s hard to find a home space today that hasn’t been impacted by technology – from our private bedrooms and bathrooms to our public indoor and outdoor gathering areas. Which technologies have real benefits for our health, safety, functionality or comfort? 

How will our homes be connected to the Internet five years from now? How will we? With keywords like “user-centric,” “holistic” and “experiences,” one of the smart home technology industry’s leading trade groups is bullish on a future that’s about much more than the latest gear.

A smart thermostat can turn up the heat in your home before you roll out of bed. A smart speaker can play your favorite podcasts with a voice command. A smart lightbulb can be turned on or off from across the room. But smart-home devices aren’t just about convenience. 

The global smart home security market is expected to grow at a compound annual growth rate of 21.6%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the pandemic. 

Increasing disposable income of people in  developing countries, increasing importance of home monitoring in remote locations, expansion of smart home product portfolio by a large number of players are driving the growth of the smart home market. 

 Smart trends are no longer reserved for the most high-end homes or saved for an upgrade years down the line—people are actually buying homes today with an eye on the existing smart home tech that’s already  included. These are some of the biggest smart home tech trends happening  right now.