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Massive Growth Opportunities in Smart Home Industry | Latest Study 2019

10-04-2019 11:55 AM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Smart Home

Smart Home

The smart home market is highly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by companies, this smart home industry analysis report will help clients identify new growth opportunities and design strategies to improve their market share.

The smart home industry is expected to reach USD 55.7 billion by 2025, from USD 25.3 billion in 2017 growing at a CAGR of 16.8% during the forecast period of 2018 to 2025.

Comprehensive Analysis Is Available At https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-home-market

This report defines the market trends and forecast the upcoming opportunities and threats of the smart home market in the next 8 years. A smart home is incorporated with advanced automated systems and technology so that individual can distantly govern and mechanize household appliances. It is more than just remote controls and fancy gadgets, smart home controls lighting, temperature, multi-media, security, thermostats, entertainment systems, window and door operations. Smart home integrates multiple sub-systems which are all controlled by a master home automation controller. Apart from the technology, smart homes help to reduce energy consumption at the same time. Various developments takes place in the field of smart home market for instance in January 2018 GRDF company launched the smart gas meters, the world’s biggest roll-out motorized by Oracle which serves 90% of the French gas market by delivering smart metering services to 11 million customers.

Some of the major companies are Siemens, GE, Schneider Electric, Honeywell, SAMSUNG, ABB, Nest, Lutron Electronics, Johnson Controls, and so on.

Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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