Connected Living Rooms Market to Flourish Owing to Changing Lifestyle and Ease Of Living
The global connected living room market is expected to experience high competition owing to the presence of a large number of players in the market. The leading players are putting efforts in research and development activities to come up with new products and update the existing technologies. In doing so, they are aiming to gain competitive edge in the global connected living rooms market. According to Transparency Market Research (TMR), Samsung Electronics Co. Ltd., Eaton Corporation, Seimens AG, General Electric, Schneider Electric SE, and Rockwell Automation Inc., are some of the leading companies operating in the market. In addition, growing investments in mergers and acquisitions have also resulted in growing the capabilities of players, thus flourishing the market in coming years. As per TMR, the global connected living rooms market is expected to reach US$ 984.5 bn by the end of the forecast period 2024, from US$ 518.9 bn in 2015. The market is expected to rise at 7.30% ...