Consumers Investing In Smart Bathrooms

The global smart bathroom market reached a value of US$2.4 billion in 2021 and is forecast to reach $4.1 billion by 2027, growing at a compound annual growth rate of 9.51 per cent during the forecast period, says a report from ResearchandMarkets.com. A smart bathroom refers to an automated plumbing and sanitary system which can be controlled through smartphones and other smart devices. It consists of numerous eco-friendly solutions and advanced technological hardware such as touchless faucets, sensor-enabled soap dispensers, and automatic cistern systems and hand dryers. It also offers centralized control of functions such as lighting, air conditioning and heating, automated doors, digital faucets, soaking tubs, and automatic toilets. The concept of a bathroom has revolutionized drastically and transcended beyond functionality and convenience in recent years. As a result, consumers around the world now perceive these spaces as a decompressing zone and are investing in smart bathrooms. This is further supported by inflating income levels and rising environmental awareness. Moreover, with the rising adoption of IoT (internet of things) to integrate home appliances and devices and emerging need to transform conventional homes to smart homes, an increase in the demand for smart bathrooms will continue to be experienced.