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  • Smart Home Market – To Grow in the Coming Years, New Research explores Factors Responsible 2025

    (, October 10, 2018 ) Global Smart Home Market Analysis

    According to Verified Market Intelligence, The Global Smart Home Market was valued at USD 64.33 billion in 2017 and is projected to reach USD 176.59 billion by 2025, growing at a CAGR of 13.5% from 2018 to 2025.

    What is Smart Home?

    Smart home also known as home automation, involves usage of internet-connected devices in order to manage and monitor of various home appliances and systems. It is an advanced technology that helps in making operations of various home appliances more convenient and energy saver. This technology involves controlling of all the electronic devices that are present at home using wireless technology. It offers comfort, energy efficiency, security and convenience to the end users by enabling them to control all the electronic appliances through a smart home app on their mobile phones or other networked devices. Increasing technological developments in various home appliances and equipment boost the growth of the smart home market.

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    Global Smart Home Market Outlook

    Growing importance of home monitoring system, Advancement in Internet of Things (IoT), and growing awareness among the consumers regarding efficient energy saver been driving the global smart home market. On the other hand, high cost of existing smart devices and security and privacy concerns might hinder the overall growth at a global level.

    Global Smart Home Market Competitive Landscape

    The Global Smart Home Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric Se, Honeywell International, Inc., Ingersoll-Rand PLC, Johnson Controls, Inc. and ABB Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

    Global Smart Home Market Segmentation, by Application
    Lighting Control
    Security and Access Control
    Smart Kitchen
    Home Appliances
    HVAC Control
    Entertainment And Other Control
    Home Healthcare

    Global Smart Home Market Segmentation, by Software & Service

    Global Smart Home Market Segmentation, by Protocols and Technologies
    Cellular Network Technologies
    Cdma Networks
    GSM/HSPA Networks
    LTE Networks
    Protocols & Standards
    Digital Addressable Lighting Interface (DALI)
    Digital Multiplexer (DMX)
    Wireless Communication Technologies

    Global Smart Home Market Geographic Scope
    North America
    Rest of Europe
    Asia Pacific
    Rest of Asia Pacific
    Latin America
    Rest of the World

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    About Us:
    Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.

    Contact Information:

    Verified Market Research
    Contact Person: Ankush
    Tel: +1650781 4080
    Email us:

    Verified Market Research

    Amaan Kazi

    +1 (650) 781 4080

    Source: EmailWire.Com


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