Latest Market Research Trends Home Automation Market Share by Application 2021

Home Automation Market Share by Application
2021 - Million Insights
“The market growth for home automation industry
is anticipated to rise at a double-digit CAGR in the
forecast period. ”
Global home automation market is expected to grow at a higher CAGR in the forecast period due to the rise in demand
for high-tech home appliances. Home appliances are high end products that use advanced digital technology for
automation of products and systems. Advantages in using home automation systems include better efficiency and
enhanced performance in automating home or household activities to centralize the control system.
Today’s consumer expects customize systems and demand professionally installed systems which is easy and
convenient for them to use. Devices such as fans, television sets, air conditioners, motors, heater, lighting systems etc
are the ones that are typically used in residences. Commercially, with the increase in energy consumption &
population, the need to conserveenergy is much desired. Users normally use a web or android application to give
instructions to these systems.
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Technologies such as Wi-Fi, GSM, Bluetooth and ZigBee are used in some communication methods to control the
devices and configurations. Such remotely enabled devices are particularly available in the market for end-users and
cater to multiple objectives. Overall, the market growth for home automation industry is anticipated to rise at a
double-digit CAGR in the forecast period.