New study: Global Smart Homes supply, sales, revenue and forecast from 2018 to 2025
Global Smart Homes Market Size Study, by Product (Smart Lighting, Smart Speakers, Smart Sensors, Smart Appliances, Smart Security Equipment), by Application (Lighting Control, HVAC Control, Security & Access Control, Entertainment Control) and Regional Forecasts, 2017-2025 Wiseguyreports.Com Adds “ Smart Homes - Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Description: Global Smart Homes industry valued approximately USD 24.5 billion in 2016 is anticipated to grow with a healthy growth rate of more than 15.0 % over the forecast period 2017-2025. The major drivers of this market are technological development in smart technology, favorable government initiative for smart infrastructure, and increasing demand for energy conservation. However, few factors such as high cost of switching for existing smart device consumers and problems related to breach in privacy and security are ...