The smart home as a service market comprises cloud-based services and platforms that enable remote monitoring and management of smart home devices and functions. This allows users to control smart home devices like lights, locks, thermostats, security systems and other appliances using a mobile app or web portal. The growing popularity of IoT-based smart home devices and rising demand for...
The global smart home as a service market is estimated to be valued at US$ 11.3 Bn or Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
SWOT Analysis:-
· Strengths:
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