The key driving factors for the growth of the home automation system market

The expectations are big in terms of convenience, necessity and security. This reality is fueling the market which is expected to be valued at USD 79.57 billion by 2022, according to Research and Markets.

Steadily, one can observe that, the key driving factors for the growth of the home automation system market are the growth in Internet of Things (IoT), cost reduction measures, large number of manufacturers widening their product portfolios, and increasing importance of remote home monitoring.