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Smart Home Market Declines as Homeowners Look for Integration to Connect their Smart Devices
What smart ecosystem are you building in your home?
In 2018, smart home devices were new additions to more than 34 million homes worldwide. Yet, only one year later, the smart home market saw a small decline.
Where do we see these homeowners go next?
As smart home products gain traction in more homes, with each often requiring a different app or control board, homeowners often now find themselves looking for ways to connect and manage them under one shared network. In the next wave of smart home growth, we expect homeowners to discover untapped ways of building their own unique smart home ecosystem.
Interested in which smart home controller devices can be integrated with the Flo by Moen Smart Water Shutoff? Learn more here.
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