Smart Home Solutions

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Global smart home market to grow to $181B in 2028

source.absoluterepotrs.com

Global smart home market by device type

Icon outline of house with graph the left

  • 35% Consumer electronics
  • 26% Safety & security
  • 17% Climate control
  • 13% Lighting control
  • 9% Energy & water control

(Source: fortunebusinessinsights.com)

Top smart home benefits

Percentage from US customers that ranked each option in their top two benefits

  • Remote/control monitoring 36%
  • Save time 34%
  • Increase comfort 30%
  • Reduce energy usage 16%
  • Save money 11%

(Source: deloitte.com)

Featured applications

(Three columns of featured applications with examples of products)

Security

Smart home security market expected to reach $61.97 billion by 2029
(Source: mordorintelligence.com)

  • BLUETOOTH® Smart Modules
  • MagI³C Variable Step-Down MicroModules (VDMM)
  • Alarm systems
  • Keyless entry
Appliances

Smart home appliance market projected to grow to $89.9 billion by 2032
(Source: gminsights.com)

  • WE-STAR-TEC Snap Ferrites
  • Calypso Wi-Fi Radio Module
  • Energy efficiency
  • Government regulations and incentives
HVAC

Smart HVAC control market expected to reach $25.5 billion by 2032
(Source: globenewswire.com)

  • WSEN-PDUS Differential Pressure Sensors
  • WSEN-HIDS Humidity Sensor
  • Respiratory issues
  • Mold growth