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Global Smart Thermostats Market, Forecast to 2025
Increasing Thermostat Capabilities will Enable the Integration of Smart Home Devices and Drive Growth Opportunities Across the Globe
  • Smart thermostats are all set to transcend indoor climate control and become the interface to control the entire smart home, including lights, door locks, windows, security systems, and heating, ventilation, and air conditioning (HVAC) systems. The rising penetration of smart home solutions and demand for energy and cost-saving technologies are expected to propel the $1.63 billion market towards $4.81 billion by 2025, while the unit shipment is estimated reach 38.8 million units from 8.6 million in 2018.

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