Global Smart Home Market To Hit USD 130.1 Billion By The End Of 2024
Smart homes are getting popular among consumers due to its features such as better security and other convenient features. Further, in smart homes, home appliances such as air conditioner, security system, refrigerator and home theater can be controlled by the owner and the person can also give command either by remote or voice. Smart homes are like boon to disable people as it allows the person to control all the activities simply by moving finger or by speaking. Market Size & Forecast Global smart home market is anticipated to flourish at a robust compound annual growth rate (CAGR) of 15.1% over the forecast period 2017-2024 and is expected to reach at a valuation about USD 130.1 Billion by the end of 2024. In terms of region, Global Smart Home Market is segmented into five major regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America region is dominating the global smart home marke...