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Smart Home Market is expected to record a CAGR of over 17% till 2024
Posted By RituKhatri 1639 days ago on latest news
https://www.technavio.com -
Smart Home Market size is forecast to grow by $65.95 bn during 2020-2024 at a CAGR of 17% with Home entertainment, Smart appliances, Energy management, Lighting control system and HVAC, Safety and security system having largest market share.Smart Home Market analysis indicates that developments in connectivity technologies will drive market growth. Growing consumer interest in home automation will also drive Smart Home Market industry growth.
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