The burgeoning homeownership rates are heavily influencing the growth of the smart home automation market. In recent years, a rise in disposable incomes across emerging economies has increased the adoption of smart home automation. Furthermore, the need for smart devices is rising due to the growing incorporation of cutting-edge technologies such as IoT, AI, and ML, across major end-user...

According to a recent report by Reports and Data, the global Smart Building Market achieved a size of USD 72.6 billion in 2021 and is projected to reach USD 189.05 billion in 2030, exhibiting a CAGR of 11.2% during the forecast period. The market growth is being driven by several factors, including the rapid expansion of the commercial and residential sectors, the growing popularity...