How Can Your Business Capitalize on The Growing Smart Home Industry?
Intelligent home energy management systems (HEMSs) and integration with electric vehicles (EVs) are new priorities in the connected living ecosystem
Overview
This analysis delves into the smart homes industry and explores near-future megatrends that will shape and drive its growth in 2025. Smart homes are gaining momentum, as interest in connected living has increased since the end of COVID-19 lockdowns due to rapid residential development and gradual digitalization adoption in home systems, such as home energy management systems, home appliances, and furnishing.
- How can you leverage the increased prioritization of energy savings and integration of systems with smart homes, such as EV charging systems for optimum growth?
- How will the proliferation of AI and the Internet of Things create massive growth opportunities in the smart home landscape?
- How will smarter machine learning and more automated environments impact the growth potential of smart homes?
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