Tag: smart home market

Research Shows The Global Smart Home Market Will Scale To $53.45 Billion By 2022

A report by Zion Market Research Company reveals the Smart Home market will be valued at $53.45 billion in 2022. In 2016, the market was valued at $24.10 billion, which will be a huge jump.

The report, “Smart Home Market (Smart Kitchen, Security & Access Control, Lighting Control, Home Healthcare, HVAC Control and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022”, shows the market is growing at a CAGR of slightly above 14.5 percent between 2017 and 2022.

 

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