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Smart home 2023 review: Trends, challenges and an update that ‘matters’

Smart home 2023 review: Trends, challenges and an update that ‘matters’
This article series looks back at the smart home market in 2023 and previews what’s likely to come in 2024.
In 2023, the smart home market grew due to falling prices in various smart home devices. Meanwhile, software and services are expected to accelerate growth even further in the near term. This article series looks back at the market in 2023 and previews what’s likely to come in 2024.
 
Needless to say, smart home has become an ever more popular concept among residents and homeowners. Smart home is all about IoT and a certain level of artificial intelligence to make the home life smarter and more automated. Asking Alexa or Google to turn on the light and play one’s favorite radio station is an experience that more and more people a...


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