Global Smart Home Market Forecast:
- Market Value In 2017 - USD 64.33 billion
- Projected Market Value In 2025 - USD 176.59 billion
- CAGR Growth Rate During 2018–2025 - 13.5%
Market Growth Factors:
- The growing importance of home monitoring system
- Advancement in the Internet of Things (IoT)
- Growing awareness About Energy Efficient Devices
Market Restraints:
- The high cost of existing smart devices
- Security and Privacy Concerns
- Smart Home Market Key Players:
- Siemens AG
- United Technologies Corporation
- General Electric Company
- Schneider Electric Se
- Honeywell International, Inc.,
- Ingersoll-Rand PLC
- Johnson Controls, Inc
- ABB Ltd
For More In-Depth Analysis And Forecast On Smart Home Market At https://bit.ly/2GXmgcz