Smart Home Market (2021 - 26) | Industry Trends, Size, Share | COVID - 19 Impact - 0 views
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cferiante on 29 Sep 21"The smart homes market was valued at USD 79.13 billion in 2020, and it is expected to reach USD 313.95 billion by 2026 and register a CAGR of 25.3% over the forecast period (2021 - 2026). Across real estate companies and the architect ecosystem, the 'new normal' defined through the social distancing results in a requirement to go back to the redesign basics and reinvent the residential real estate product by factoring in new-age designing, efficiency, and innovation. As the redesign happens, the need for a totally new set of amenities has resurfaced and gained prominence. What the customer will need in the 'new normal' has undergone a revolution in the crisis triggered by the COVID-19 pandemic, and it is leading to a paradigm shift in residential spaces."