Smart Plug Market Penetration Remains Under 10% in US, Says Parks
Eleven percent of U.S. broadband households own a smart light bulb and 9% a smart plug, Parks Associates reported Thursday. That’s up from 8% and 6% in 2018. "COVID-19, and a growing focus on green energy solutions, has added new…
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drivers to adoption of home energy management products," along with other technology helping homes "save energy," said President Elizabeth Parks. The research firm plans a Smart Energy Summit virtually Feb. 23-24.