Global Home Automation Market Size Expected to Reach $163 Billion In 2028 PALM BEACH, Fla. , Sept. 13, 2022 |PRNewswire| -- FinancialNewsMedia.com News Commentary - Home automation systems control and monitor home operations with connected smart devices and appliances. These innovative smart devices offer safety, convenience, efficient energy saving, lower utility cost products and more to the users worldwide. The increasing adoption of internet of things technology is expected to boost home automation market growth. Similarly, growing home ownership by millennials and increasing disposable income among people in developed countries is estimated to drive automated home demand. Further, key market players are also focused on offering advanced solutions in order to improve the efficiency and convenient home management. The global home automation market has benefitted from the stay-at-home restrictions to curb the CORONA-19 virus, pushed the market demand steadily. As per the key experts of the market, this has boosted the demand for efficient home energy-saving smart devices to monitor energy consumption and reduce utility bills.