It concludes by saying that convenience, security, accessibility and efficiency of smart home technology are the primary driving forces behind the forecasted CAGR of 24.39% over the next four years. A report by Technavio forecasts that the smart home market will grow to $ US$2,000 by 2019 in the UK . According to the report, 24.3 million households in the UK have internet connections, or 24.39% of the total households in the Britain . The national smart meter roll-out, under which all households must have a smart meter by 2019 , is expected to boost the smart home market as well.
A report by Technavio forecasts that the smart home market will grow to $ US$2,000 by 2019 in the UK . According to the report, 24.3 million households in the UK have internet connections, or 24.39% of the total households in the Britain . The national smart meter roll-out, under which all households must have a smart meter by 2019 , is expected to boost the smart home market as well.