7 Smart home technology trends to watch out for in 2021

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smart home technology trends | iTMunch

Advancements in smart home technology have been innovative. More homes worldwide are saying yes to installing smart home devices because of its convenience and reliability. A Strategy Analytics report, consumer spending on smart home products, services and installation fees will reach $157 billion by the year 2023. The report also stated that over 309 million homes across the globe (of 15% of the world) will have at least one type of smart home product installed [1]. If you want to know about the latest smart home technology trends, you’ve come to the right place.

Different people around the world look for different things in smart home devices. A study was conducted by home insurance company Hippo surveyed how 1000 consumers see smart hone technology and what do they use smart home technology for. 46% use smart home technology for convenience, 17% to monitor their home when they’re away and 16% for added security and protection. Moreover, 15% said they use it for paying their utility bills while 6% have other reasons [2]. Smart home technology around the world is constantly developing creative, reliable products that help homeowners sleep peacefully at night. In 2021, smart home technology is only going to get better and more efficient. So, if you want to know about the most recent smart home technology trends, enter your email ID.

SEE ALSO: 64 Google Home commands you should know about

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Riddhi Jain is a technology content writer. She is based in India and has been working as a content writer since 2018. Riddhi has been writing content in the tech domain since May 2020 and can’t get enough of it. Riddhi has pursued most of her education from her hometown, Indore. She has graduated as a Bachelor of Business Administration and discovered her love for writing blogs while pursuing an internship during college. Once she discovered her love for writing, she went on to improve this skill set (and hasn’t stopped since).
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