With 69 percent of American households owning a smart device, the real estate market will continue to adopt and leverage smart home technology. Thus, homeowners and buyers can take advantage of this trend to maximize their prospects in the market. As we are still in the early stages of the smart home boom, experts anticipate smart device integration will only increase. In fact, there are now more than 175 million smart homes worldwide, each composed of a variety of different devices. The entertainment sector remains the most popular place for smart device adoption as the younger generations commonly invest in smart televisions, speakers, and hubs.
However, the savings and superior security of smart homes will maintain a strong selling point for all consumers. By 2026, the smart homes market will grow to be worth $205.61 billion. Smart home devices are the way of the future. How will you incorporate smart technology in your home?
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