MarketsandMarkets report, "Smart
Home Market by Product (Lighting
Control, Security & Access Control, HVAC, Entertainment, Smart Speaker, Home
Healthcare, Smart Kitchen, Home Appliances, and Smart Furniture), Software
& Services, and Region - Global Forecast to 2024", the overall smart home market is expected to grow from USD 76.6
billion in 2018 to USD 151.4 billion by 2024, at a CAGR of 12.02%. The growth
of the smart home market is driven by many factors, such as a large base of
internet users and rapid adoption of smart devices; increased public awareness
of fitness and healthy lifestyles owing to the high disposable income in
developing countries; high importance of home monitoring from remote locations;
rise in the need for energy-saving and low carbon emission solutions; cost
reduction measures enabled by smart homes; rapid proliferation of smartphones
and smart gadgets; existence of various market players focusing on expanding
their smart home product portfolios; and widespread concern about safety,
security, and convenience.
Highlights
CE Week Exhibits and Conference
2019 CE WEEK - Jacob K. Javits Convention Centre
This booming industry and the technologies driving it. See
thousands of the newest technologies in action, learn about the latest
applications, and develop invaluable partnerships at the only event dedicated
to sensors, connectivity, and systems.
Know More
Know More
·
The market for smart speakers is likely to grow at a high rate
during the forecast period”
·
“The market for proactive type software and services to grow at a
higher rate during the forecast period”
·
“The smart home market in APAC is expected to grow at a high rate
during the forecast period”
·
The smart home market is currently dominated by
Johnson Controls International (Ireland), United Technologies Corporation (US),
Schneider Electric (France), Honeywell International, Inc. (US), and Siemens AG
(Germany).
Need more knowledge? Request sample pages of the “Smart
Home Market” report.
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research
on 30,000 high growth niche opportunities/threats which will impact 70% to 80%
of worldwide companies’ revenues.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
No comments:
Post a Comment