U.S. Smart Home Market is predicted to reach USD 65.87 Billion by 2030

According to the study by Next Move Strategy Consulting, the U.S. Smart Home Market size is predicted to reach USD 65.87 billion, at a CAGR of 16.3% by 2030.

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The rapid advancement of digitalization, coupled with a robust emphasis on energy efficiency initiatives, serves as a driving force behind the expansion of the smart home market in the US.

The U.S. smart home market growth is significantly fueled by the relatively affluent consumer base in the region.

Several market players operating in the Honeywell International, Inc., Schneider Electric, ABB Ltd, Amazon, Assa Abloy, Samsung, LG Electronics, Sony Corporation, Loxone Electronics GmbH, Somfy.