The competitive landscape of the global smart thermostat market is consolidated and competitive with a limited number of companies operating in the market. Key players in the smart thermostat market are focusing on advanced technology to concretize their market position, says Transparency Market Research. Increasing demand for smart thermostat applications in commercial and residential sectors is expected to encourage investors to invest in smart thermostat technology. Apart from this, companies are focusing to expand their business forming strategic partnerships, mergers, acquisitions, and collaborations to gain a competitive edge in the market. Some of the prominent players operating in the smart thermostat market are Honeywell International Inc., Schneider Electric, Tado GmbH, Control4 Corporation, and Ecobee, Inc. According to a new report by TMR, the smart thermostat market is expected to reach US$8,729.2 mn by 2026. The market is anticipated ...