Wi-Fi Thermostat sales have continued to grow year-after-year.In fact in 2019,60% of thermostats purchased featured WiFi capability,according to a consumer research company.The Global Smart Thermostat market grew 145% in 2019.The technology advancement in a very short span of time has been incredible and will continue.This technological advancement is playing a major role in the breakneck growth of this market space.Homeowners’expectations are also changing,which is impacting the direction of the HVAC market and its manufacturers.Industry analysis is expecting the Global Smart Thermostat market to exceed 40 million units by 2022(that's only 2 years from now).
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