Rising energy costs and growing environmental concerns are leading to an increase in the demand for energy-efficient solutions for buildings. Smart thermostats provide a convenient and effective way to reduce energy consumption and save money on heating and cooling bills. Consumer demand to automate and control home environments is making smart thermostats increasingly popular.
• Why is there a rise in the adoption of smart home automation devices?
• What are the current barriers to the adoption of smart thermostat?
• How can stakeholders leverage and take an edge over this space?
• What are the key companies to watch?
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