Home Automation System Market Trends 2023- Industry Top Companies Share, Revenue, Growth Strategy, Business Challenges and Future Competition Till 2033: SPER Market Research
The increase in homeownership is one of the key factors contributing to the growing popularity of home automation systems. Millennials make up the great bulk of individuals buying new homes. As of March 2020, millennials accounted for 38% of all US house buyers, according to the National Association of REALTORS.