Industry Insights

Smart furnishings are transforming luxury homes by blending IoT technology with elegant design. With the smart furniture market set to reach $750 million by 2030, these pieces offer app-controlled storage and vSmart furnishings transform $1M+ homes, tackling space constraints with tech-driven storage. The $750M smart furniture market (19.2% CAGR) offers 2–3x capacity, meeting HNWI demand in Miami and New York. As the $42.2B luxury furniture market grows, these solutions redef

In luxury real estate, where $1 million-plus properties dominate, space efficiency is a critical challenge. Miami’s high-rise condos, priced at $997 per square foot, and Manhattan’s sleek penthouses demand innovative storage to fit expansive lifestyles into compact footprints. High-net-worth individuals, with a global population of 22.8 million, seek discreet solutions for art and fashion collections, favoring minimalist aesthetics.