Smart Home Market Worth $6.47 Billion by (2018–2023): Top Companies Honeywell Intl., Samsung Electronics, LG, Siemens, Emerson, Amazon, Google Inc., Philips
Smart homes are residences with internet-connected devices that monitor and control lighting, heating and cooling systems, and security cameras, among others. Home automation technology enables homeowners to control smart appliances using their smartphones or other networking devices. Smart home devices are also beneficial for the elderly-monitoring and assisting them without the need for 24/7 home care.
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