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Robbie Paul and Josh Mickolio, Digi-Key Electronics discus trends in fast growing future electronic application segment – technology, connections, components and sensors that will be required by smart homes.

The global smart home device market accounted for $68.8 billion in 2020 and is expected to reach $156.6 billion by 2028. That is a lot of money quickly being invested into some serious home improvement! Our homes are rapidly graduating from primary school to college-level, while some homes are going straight for their PhDs.

Smart home technology has evolved over the years to get to this inflection point. It all started with Wi-Fi enabling more simplistic applications like smart thermostats, and now nearly everything in the home can be automated from video doorbells to automated sprinkler systems, smart lighting and voice assistants to voice-activated water faucets.

Today’s consumers are seeking connectivity, efficiency and sustainability in every aspect of their daily life. Let’s take a look at some of the latest technologies, connectivity options and protocols delivering on those promises in the smart home device market today

 


Post time: Apr-25-2022