Robust services are the future of smart apartments

Robust services are the future of smart apartments

The smart apartment market is booming. More property managers than ever before are realizing the benefits that IoT can bring to a community.

According to the latest smart apartment report from Omdia, in 2021 there were an estimated 1.6 million smart apartment units in the US, representing approximately 6.6% of the multifamily apartment building stock. In 2026, the number ofsmart apartment unitsis expected to reach nearly 10 million, equating to 34% of the apartment building stock. In terms of in-unit IoT devices in the US, there were approximately 4 million new devices installed (shipped) in smart apartments in 2021, increasing to approximately 18 million devices in 2026.

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