The home automation market has grown substantially at a healthy CAGR due to advancement in technology, at a double-digit CAGR for the forecast period. With rising disposable income and increasing demand for high end products which are energy consuming, home automation market is expected to grow globally. North America will emerge as the fastest growing region in home automation market in the forecast period.
Home Smart Home Future Market Insights: Home Automation Market to Grow at Double-Digit CAGR (2015-2025)