6/21/2023 0 Comments Make my own app![]() In order to build your own smart home app you need to know what is it exactly and how does it work. Rarely can one find such a healthy and advanced market, which would create good starting conditions and, at the same time, would have the prospect of a global expansion of business from developed to developing countries? How Does Smart Home Automation Work? ![]() Hence, the desire to create a smart home app is understandable. Other big companies include AppleHomeKit, Ecobee, Bosch Smart Home Solutions, and Phillips Hue. Smart Home – revenue forecast in the World from 2017 to 2025Īmong the companies, Amazon is the most popular in this segment, securing 69.7% of the American market, followed by GoogleNest with 31.1%. Even realtors admit that if they build a app-controlled smart home they sell it faster than a regular one. According to Rochester Real Estate, about 47% of US-based millennials own at least one smart home product and 57% of Americans in general, consider IoT technology to be incredibly time-saving. Now, the most prominent country to use smart home products is definitely the US, accounting for 40% of the global market of consumer spending in this segment. At the same time, the market penetration is projected to double from 12.3% in 2021 to 23.9% in 2025. The number of active households, for example, is expected to reach 497 million users, demonstrating a 92% growth comparing it to 2021. ![]() The market for smart home applications can be easily described as constantly growing and developing. As a company that specializes in staff augmentation and has impressive experience with IoT projects, we can deliver the results you want in no time. ![]() And if you want to hire app developers to create a smart home app to push your business forward, we may help you with that.
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