New York, July 15, 2022 (GLOBE NEWSWIRE) — According to the report published by Next Move Strategy Consulting, the global home automation market accrued USD 84.33 billion in 2021, and is estimated to generate USD 210.15 billion by 2030, witnessing a CAGR of 10.7% from 2022 to 2030. The report highlights the strategies adopted by leading market players to gain competitive edge and strengthen their position in the market. In addition, the report offers a detailed analysis of changing market dynamics, key segments, and market size & estimations.
Binding the extensive analysis, statistics, and information in 614 pages, supported by 842 tables and 426 figures, the report aims to provide a detailed source of guidance for C-level executives, stakeholders, and investors to take necessary decisions for achieving sustainable growth and determine investment feasibility. In addition, the research outlines the impact of the Covid-19 pandemic on the global home automation market size.
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| Report Coverage | Details |
| Forecast Period | 2022–2030 |
| Base Year | 2021 |
| Market Size in 2021 | USD 84.33 billion |
| Market Size in 2030 | USD 210.15 billion |
| CAGR | 10.7% |
| No. of Pages | 614 |
| Tables | 842 |
| Figures | 426 |
| Segments covered | Connection Type, Application, Management, System Type, and Region. |
| Drivers | Increase in building construction activities worldwide |
| Surge in demand for safety & security in homes | |
| Opportunities | Rise in adoption of automated… |
