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North America Home Automation Systems Market Outlook and Opportunities in Grooming Regions

02-13-2023 12:46 PM CET | IT, New Media & Software

Press release from: IMARC Group

North America Home Automation Systems Market Research Report

North America Home Automation Systems Market Research Report

The North America home automation systems market reached a value of US$ 12.35 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during forecasted period.

North America Home Automation Systems Market Overview:

Home automation systems represent a range of integrated smart technologies that use intelligent terminals to operate various home appliances and equipment. It includes centralized lighting management, security checks/locks for house entry, and heating, ventilation, and air conditioning (HVAC) control systems. It further allows electronic device users to control, automate and manage several appliances and devices, such as lights, fans, alarm systems, and electrical outlets. Home automation systems offer centralized control, ensure minimal power consumption and enable protection for personal and commercial assets. As a result, these solutions find extensive application in residential areas, commercial buildings, and hardware infrastructures.

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Get a FREE PDF Sample for more detailed market insights: https://www.imarcgroup.com/north-america-home-automation-systems-market/requestsample

North America Home Automation Systems Market Trends:

The increasing need for energy-efficient safety and security solutions across residential sectors to inhibit thefts and the unauthorized entrance of individuals into houses is primarily driving the home automation systems market in North America. Furthermore, the growing consumer awareness regarding the availability and benefits of home automation systems, such as convenience, appliance safety, and enhanced remote monitoring features are supplementing the usage of home automation systems.

Moreover, shifting consumer preferences toward smart houses over conventional residences due to the rising disposable income are augmenting the home automation systems demand. Besides this, rising trends of several modern renovations and redecoration and the extensive integration of artificial intelligence (AI) voice assistance, machine learning (ML), and the internet of things (IoT) solutions with internet or Bluetooth connectivity and authenticated passwords are propelling the market growth. Such technologies help in determining user habits and monitoring key areas, which is creating a positive outlook for the product.

Explore Full Report Description At: https://www.imarcgroup.com/north-america-home-automation-systems-market

Market Segmentation:

The report has segmented the North America home automation systems market on the basis of application, type and country.

Based on Application:

• Lighting Control
• Security and Access Control
• HVAC Control
• Entertainment
• Others

Based on Type:

• Luxury (Custom) Home Automation Systems
• Mainstream Home Automation Systems
• DIY (Do-it-yourself) Home Automation Systems
• Managed Home Automation Systems

Based on Country:

• United States
• Canada
• Mexico

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=1679&flag=C

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

About Us                              

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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