United States Smart Home Market Report By Renub Research

Smart homes are a term used for a wide range of solutions to monitor, control, and automate purpose in a home. The smart home system needs a smartphone application or web portal to interact with an automated system as a user interface. Smart homes appliances and devices can be perpetually controlled, far away from any internet-connected place using a mobile or other networked device. With the smart home’s arrival, the desire for convenience has created a revolutionary new market in the United States. According to Renub Research, the United States Smart Home Market is expected to reach US$ 70,126.7 Million by 2026.

united states smart home volume share – by renub research

According to the 2019 Media Post, 69% of United States houses own at least one smart home product. According to the Consumer Technology Association (CTA) study, 83 million households and approximately 22 million homes own more than one smart home product. Americans prefer smart gadgets over traditional methods most because of their Control and Connectivity application. As per our research study, the United States Home Internet of Things (IoT) Devices Market is predicted to grow with a double-digit CAGR of 19.83% from 2020 to 2026.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/united-states-smart-home-market-p.php

There are various types of Smart home products present in the United States to satisfy different costumers’ requirements. The constant increase in physical crime and cyber-attack on smart home appliances led to Security Household Penetration growth. Americans are inclined towards Interactive Security System, Smart door lock, smart doorbells, smart locks, smart cameras, smart thermostats, smart lights, and Door/window sensor to make their family and home more secure when they are not around or gone for a long trip. Sound and entertainment play a significant role in smart home owing to their features and usability. The smart speaker uses voice command to control intelligent devices to make daily American life easy.

The United States Smart Homes market is highly fierce and embodies several major players. In terms of market share, a handful of the major players forthwith control the smar home market in the United States. The companies covered in this report are Honeywell International Inc., Acuity brands, Brink home Security, Sleep Number Corporation and Spectrum Brands Holdings, Inc. As per this market research report, the United States Smart Home Market was US$ 23,668 Million in 2020.

Renub Research latest report titled “United States Smart Home Market by Application, Products, Active Household Numbers, Penetration rate, Company (Honeywell International Inc., Acuity brands, Brinks home Security, Sleep number Corporation, Spectrum Brands Holdings, Inc.)” report provides current trends and analysis of United States Smart Home Industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=united-states-smart-home-market-p.php

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

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