4 Top Smart-Home Stocks to Buy Now
The smart home, or connected home, industry has seen explosive growth over the last few years, as advances in the technology have made it much more intuitive and user-friendly. According to Zion Market Research, the global smart-home market exceeded $24 billion in 2016 and is forecast to soar to $53 billion by 2022.
An opportunity of that magnitude has attracted the attention of Wall Street and some of the best and brightest tech companies. Companies with smart-home offerings can be divided into three broad categories: do-it-yourself (DIY), managed services such as home security, and professional installation.
Smart-home products are seeing increasing adoption. Image source: Getty Images.
Source: Fool.com