Smart home energy consumption optimization
Many homeowners struggle with high energy bills and inefficient energy usage. A startup can develop a smart home energy optimization solution that uses AI and IoT to analyze and optimize energy consumption. By providing real-time insights and automated energy management, households can reduce energy waste and save money. The global smart home market size was valued at $79.13 billion in 2020 and is expected to reach $622.59 billion by 2026.
Cost Savings
United States
