New Smart-Home Strategies to Push Market Revenue Above $192 Billion in 2023 The global smart home market is forecast to grow by nearly a factor of five to reach more than $192 billion in 2023, up from $41 billion In 2018, according to the latest Smart Home Device Database from IHS Markit. The fastest-growing device types

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Lack of Compelling Use Cases Slowing Smart Home Growth in Europe One of the biggest challenges to expanded growth for the smart home market in Europe is a lack of education and consumer engagement. Despite the many players actively involved in the region, consumers are not being properly educated on smart home devices