Smart Home Analytics - Forecast and Analysis 2022-2026
The smart home market analytics report provides and accurate prediction of the whole market. This data enables vendors to make informed decisions. The US smart home market share is expected to increase to USD 18.18 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 17.90%. Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growing consumer interest in home automation is notably driving the smart home market growth in US, although factors such as increase in issues related to interoperability may impede market growth.
Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart home industry in US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Data Covered in this Smart Home Market in US Report:
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive smart home market growth in US during the next five years
- Precise estimation of the smart home market size in US and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the smart home industry in US
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of smart home market vendors in US
This detailed analytics helps the new and established market players to access their current strategies and substitute them according to the data. For more information on the key market drivers, trends, and challenges click here to get the FREE sample report.
