Smart Home Market: Analysis, Strategic Assessment, Trend Outlook And Business Opportunities 2018 - 2026
Smart home market promises new in-roads to players in the smart home market with rising demand for digital, and smart homes. The market remains a competitive, and vibrant landscape, with a large variety of companies making customised offering for buyers. Moreover, the barriers of high-costs to adoption are likely to go away in near future, as demand for additional digital security, entertainment systems, and lighting solution are making way for new opportunities to players in the smart home market. According to TMR estimates, the smart home market will grow at a splendid 18.4% CAGR during 2018-2026 periods. The demand for lighting solution remains a major turn-on for end-consumers as these solutions can often be integrated without the burden of expensive technical setups. Moreover, these offer a premium convenience for buyers of controlling the ambience of their homes, offices while sitting in comfort, and gaining energy efficiency as a major bonus. Moreover, lights can als...