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Smart Home Products | The Rise of the Smart Home: The Popular Trends That Guide Your Light

05-17-2022 09:43 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Many people consider their home as an oasis of comfort, security and peace. The trends that make it an admired destination are changing annually. Smart homes are hot on the catalogues these days with new set-ups at the forefront giving them a big boost!

Smart Home is quickly becoming the popular name of the home today with so many different products available to offer a unique smart experience. It's an essential part of our world that every household may soon be used to enhanced everyday tasks and conveniences through our connected devices.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121

-What is the smart home market?

-What is a connected home?
-What are some popular smart home trends?
-How do these trends influence your purchasing decisions?

The global smart home market is projected to grow from USD 84.5 billion in 2021 to USD 138.9 billion by 2026; it is expected to grow at a CAGR of 10.4% from 2021 to 2026.

Comparing the rise of Smart Home and IoT

Smart Home products are becoming increasingly popular, but what are the popular trends that guide them? In this article, we'll look at six of the most important trends that drive Smart Home purchases and usage.

1. More Integration: As Smart Home technology becomes more varied and advanced, users are looking for ways to integrate all their devices into one cohesive system. This integration extends to devices beyond just the home, as users look for ways to connect with other devices in their environment (such as cars and appliances).

2. The Growth of Voice Control: Another trend driving Smart Home adoption is the growing popularity of voice control. This technology enables users to control their devices by speaking commands or through sensor-activated triggers (such as motion sensors).

3. The DASH Button: One particularly popular feature of Smart Homes is the DASH button. This button provides quick and easy access to commonly used settings and functions in the home (such as turning on the lights or starting up a heating unit).

4. The Expansion of Streaming Services: As homes become increasingly connected and automated, streaming services (such as Amazon Fire TV and Apple TV) are becoming more popular companions for Smart Home devices.

If you're trying to figure out what the next big thing in the world of smarthome products is, look no further than Amazon. It's been breaking ground in this space for years, and its selection keeps expanding every day. In this article, we'll take a look at some of the best smart home gadgets on Amazon and give you an overview of what each one does.

Key Market Players

Major players in the smart home market are Honeywell (US), Siemens (Germany), Johnson Controls (Ireland), Schneider Electric (France), ASSA ABLOY (Sweden), Amazon (US), Apple (US), ADT (US), ABB (Switzerland), Robert Bosch (Germany), Sony (Japan), Samsung Electronics (South Korea), Crestron Electronics (US), LG Electronics (South Korea), and Legrand (France). Apart from these,Ooma (US), Delta Controls (Canada), Control4 (US), Axis Communications (Sweden), Comcast (US), Smarthome (US), SimpliSafe (US), Armorax (US), Canary (US), and Lutron (US).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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