Though smart home technologies have been around for quite some time, it is only over the past five years or so that the market has really taken off. Interest in smart home and home automation products is growing by leaps and bounds every year. By 2023, the global smart home industry is projected to surpass $150 billion, according to ADT Security Services. And the U.S. leads in adoption of these technologies with more than 45 million smart home devices installed in U.S. homes, per Statista.

However, when consumers hear “smart home” they think connected thermostats, voice assistants such as Amazon Alexa and Google Home, lighting control or even smart doorbell cameras. Very rarely do they think of plumbing as being smart. But over the past few years, the plumbing industry has skyrocketed with smart water leak detection and management products and systems.