Global Residential Energy Management Market

The Global Residential Energy Management Market is predicted to grow with a CAGR of ~40% over the forecast period 2020-2026. Residential energy management solutions calculate the residential energy consumption of individual appliances, lighting systems, home cooling and heating to get maximum savings.

The global industry is driven by various growth factors such as increasing penetration of smart homes globally coupled with development of smart cities around the world. Moreover, integration of user interface appliances with smart phones will offer lucrative market opportunities for the companies over the forecast period.