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Growing Internet of Things (IoT) will positively influence the market for single-family smart homes in the forecast period, as per The Business Research Company’s single-family smart homes market opportunities and strategies report.

The single-family smart homes market is expected to recover and grow at a CAGR of 19.7% from 2021 and reach $104.20 billion in 2023. The market is expected to grow at a CAGR of 18.4% to nearly $146,160.0 million by 2025, and at a CAGR of 18.5% to $341.42 billion by 2030.

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Major players in the single-family smart homes market include Lennar Corporation, PulteGroup, Inc., Meritage Homes Corporation, KB Smart Home, TRI Pointe Group Inc.

Smart homes companies are increasingly using green construction techniques to build energy efficient homes and reduce construction and maintenance costs of houses. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact.

The Global Single-Family Smart Homes Market Is Segmented:
By Product: Home Monitoring and Security, Smart Lighting, Entertainment, Smart Appliances, Combination, Others

By Technology: Wi-Fi, Bluetooth, GSM/GPRS, RFID, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Single-Family Smart Homes Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Single-Family Smart Homes Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough single-family smart homes market research, analyzes and forecasts single-family smart homes market size, single-family smart homes market share, single-family smart homes market players, single-family smart homes market trends, single-family smart homes market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s single-family smart homes market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The single-family smart homes market consists of the revenues earned by entities (organizations, sole traders and partnerships) that construct single-family smart homes. The single-family smart homes industry includes the development, construction, and sale of single-family smart homes. It includes new construction work, additions, alterations, maintenance, and repairs. Smart homes are futuristic buildings which are equipped with advanced electronics and wireless devices, and can be controlled remotely from anywhere with an internet connection using networked devices such as mobiles. Smart home systems and devices operate together by sharing home residents’ usage data and automating actions based on homeowners’ preferences. Smart home appliances include smart entertainment, smart lighting, home security and smart appliances, which are controlled by sensors, timers, switches and remote controllers.

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