COVID has changed the way people look at everything and yes totally everything about everything. Home is everything but just a home! Its truly a Smart Home in every sense, every home has connectivity infrastructure with space being utilized as School, Offices, Gym, restaurant, theatre, wellness center, health clinic and what not! Truly pandemic has raised a priority of digital enablement than ever.
Smart home technology companies have entered into a new era where consumers put a profound emphasis on their residences and the peace of mind connected homes can bring.
One of the key subsegment ,Indoor climate control is gaining huge popularity. New research from Parks Associates shows 19% of US broadband households own at least one smart climate-control device and that demand for these products will increase as the pandemic brings new attention to indoor air quality solutions. The firm’s research also notes increased adoption of technology products in general, with 34% of broadband households owning at least one smart home device and 49% of households owning a smart speaker.