The Global Smart Home Market is expected to grow by USD 65.95 bn during 2020-2024, progressing at a CAGR of 17% during the forecast period

NEW YORK, March 30, 2020 /PRNewswire/ --

Global Smart Home Market 2020-2024
The analyst has been monitoring the global smart home market and it is poised to grow by USD 65.95 bn during 2020-2024, progressing at a CAGR of 17% during the forecast period. Our reports on global smart home market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Read the full report: https://www.reportlinker.com/p04090354/?utm_source=PRN

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by developments in connectivity technologies. In addition, growing consumer interest in home automation is anticipated to boost the growth of the global smart home market as well.

Market Segmentation
The global smart home market is segmented as below:
Application:
? Home Entertainment
? Smart Appliances
? Energy Management
? Lighting Control System And HVAC
? Safety and Security System

Geographic Segmentation:
? APAC
? Europe
? MEA
? North America
? South America

Key Trends for global smart home market growth
This study identifies growing consumer interest in home automation as the prime reasons driving the global smart home market growth during the next few years.

Prominent vendors in global smart home market
We provide a detailed analysis of around 25 vendors operating in the global smart home market 2020-2024, including some of the vendors such as Alphabet Inc., Allegion Plc, Amazon.com Inc., Apple Inc., ASSA ABLOY AB, General Electric Co., Honeywell International Inc., Panasonic Corp., Samsung Electronics Co Ltd. and Schneider Electric SE.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Read the full report: https://www.reportlinker.com/p04090354/?utm_source=PRN

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