Rising Need for Energy Management to Play Vital Role in Increasing Demand for Home Automation Solutions
Since smart homes were first envisioned in the late 90s, the present-day home automation systems have grown highly advanced in terms of conserving energy and making household activities convenient. Globally, there is a growing need for effective solutions in several domestic applications such as safety and security, audio and visual entertainment, lighting, energy management, and heating, ventilation, and air conditioning (HVAC). Transparency Market Research (TMR) analysts state that this factor is primarily driving the global home automation market.
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