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Smart Homes Market Insight & Opportunities 2020 to 2027 - Covid-19 Impact on Smart Home Market

05-12-2020 06:35 PM CET | IT, New Media & Software

Press release from: GMI Research

Smart Homes Market Insight & Opportunities 2020 to 2027 -

A new report published by GMI Research on Smart Homes market, the report underlines the latest market trend, drivers and restraints, market growth of Smart Homes market. The report offers market size for 2019 and also provides the forecast revenues for the period of 2020 to 2027. GMI Research analysts study the market in detail and track market on regularly to be on top of any market developments and trends, which help our analyst to understand current market dynamics, competitive landscape and future market trends of Smart Homes in a next couple of years.

According to the report Smart Homes Market to increase from USD 69 Billion in 2018 to USD 166 Billion in 2027, growing at a compound annual growth rate (CAGR) of 11.6% percent during the forecast period 2020-2027during the forecast period from 2020 to 2027 due to various major factors such as Smart Homes market includes the growing adoption of smart devices among the end-users and the rising demand for real time home security solutions and consumer electronics across the globe. With the expanding internet user base, the consumer's have significantly shifted towards the adoption of home monitoring systems which can be automatically controlled using smartphones or smart gadgets from any part of the world. Our analyst knows the critical importance of data and are also cognizant of the significance of providing accurate data to our clients. The analyst adopts various approaches from primary research to reliable secondary research sources and validates the market data from multiple sources to make sure that our client gets the true picture of the Smart Homes and the market size, market forecast, competitive landscape etc.

The reports also identify and profile the major market players. The major players are Honeywell International Inc., United Technologies, Amazon Inc., Apple, Google, ADT, Siemens AG, Johnson Controls, Schneider Electric and Robert Bosch GmbH among others.
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Key areas the report on Smart Homes market addresses are:
o What are the major market drivers impacting the Smart Homes growth?
o In Smart Homes which region provides maximum revenue growth opportunities?
o Which are the major products in Smart Homes and also rank all the products on the basis of market opportunity they provide?
o What are the key developments Smart Homes and how they are impacting market?
o What are the current key trends of Smart Homes?

Competitive Landscape
o key players in Smart Homes and their main strategies and product offerings
o Smart Homes's major players products strength on each segment and vertical
o Product Benchmarking analysis of key players of Smart Homes
o Key Players Recent Developments and strategic direction

Read Full Report Description:

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GMI Research
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Dublin, Ireland
Ph. No: +353 1 442 8820

About GMI Research
GMI Research provides research and consulting solutions to our clients. Our syndicate reports provide our client with insights and data which is bases fast on facts derived from tailored made research methodology. We provide market research reports, customized market and competitive intelligence research, data analytics services and sales enablement support.

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