10/22/2023 0 Comments Gosund smart plug dimmer![]() (NASDAQ:HON), and Sony Group Corporation (NYSE: SONY ) operating in this region. (NASDAQ: AAPL ), Honeywell International Inc. North America is projected to dominate the market during the forecasted period of 2022-2030, largely due to the strong presence of major players like, Inc. GSMA Intelligence forecasts that IoT connections will surge to around 25 billion worldwide by 2025, a significant increase from 10.3 billion in 2018. The integration of Artificial Intelligence (AI) and Internet of Things (IoT) technologies in smart home devices further enhances their functionality and appeal. These devices offer convenience, energy efficiency, and enhanced security, driving their popularity among consumers. The adoption of smart devices, such as smart speakers, thermostats, lighting systems, security cameras, and appliances, is on the rise. The growth of the smart home market is fueled by two key factors: the growing number of internet users and the increasing adoption of electronic gadgets and smart devices for a smart home. ![]() The market is divided into various segments, including lighting control, home healthcare, smart kitchen, security and surveillance, entertainment, home appliances, and smart furniture. In 2022, the global smart home market reached a value of USD 83.1 billion, and experts predict it will soar to USD 230.81 billion by 2031, experiencing a remarkable CAGR of 12.02%. The market for electronic gadgets for a smart home is growing rapidly, with new devices being developed all the time. The Growing Market of Electronic Gadgets for a Smart Home Moreover, smart home security systems deter break-ins, potentially saving homeowners thousands in damages and stolen belongings. But, what gadgets are there in a smart home that are efficient? Smart thermostats can cut energy consumption by up to 15%, translating to lower energy bills. It's a valid question: are electronic gadgets for a smart home worth the investment? While some see them as a luxury, statistics prove they lead to long-term savings. Are Electronic Gadgets for a Smart Home Worth it? That's a huge wave of investment in cool tech that's transforming how we live at home. As of 2023, the smart home market is valued at USD 101.7 Billion and is expected to reach USD 163.7 Billion by 2028, growing at a CAGR of 10.0% during the period of 2023 to 2028. Smart homes are all the rage, and more people are jumping on board with electronic gadgets for a smart home to make life easier, energy-efficient, and safer. Your mattress now could track how well you slept and give you tips to improve your sleep. ![]() Your bed, toilet, cutting board, baby stroller, and even mirrors are all connected and smart. The tech world's vision of interconnected living extends far beyond lights and doorbells. If you want to skip our detailed analysis of the the growing market of electronic gadgets for a smart home and recent trends then go directly to the Top 20 Electronic Gadgets for a Smart Home. In this article, we’ll discuss the top 20 electronic gadgets for a smart home.
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