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Industry Landscape
The AV integration and smart home market is experiencing robust growth, driven by increasing demand for connected devices, enhanced user experiences, and integrated solutions in both residential and commercial sectors. Technological advancements in AI, IoT, and voice control are continually expanding market opportunities. Consolidation among integrators and manufacturers, alongside a focus on recurring revenue services, is shaping the industry.
Total Assets Under Management (AUM)
Residential and Commercial Smart Home Market Size in United States
~$30.8 billion (Residential Smart Home, 2023)
(11.1% (CAGR 2023-2030, Residential Smart Home) CAGR)
- Driven by increasing adoption of smart devices.
- Growing consumer awareness and demand for convenience.
- Integration with home security and energy management systems.
Total Addressable Market
$30.8 billion