As we bid farewell to 2022 and get ready for 2023, it’s time to look back at the smart home market – what was trendy, what the challenges and opportunities were, and what we can expect for 2023.
Another year has passed. As we bid farewell to 2022 and get ready for 2023, it’s time to look back at the
smart home market – what was trendy, what the challenges and opportunities were, and what we can expect for 2023.
Smart home has had a good 2022. According to Oberlo, total revenues for the smart home market are expected to reach US$115.7 billion in 2022, up 10.8 percent from 2021. Yet, despite this growth, certain changes were seen in the smart home sector this year.
“We have certainly seen things change. 2022 saw a very sudden surge away from at-home spending towards travel, and away-from-home. ...