Title: Smart Home Automation Market
1Smart Home Automation MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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Smart Home Automation Market is forecast to reach
170.2 billion by 2025, at a CAGR of 11.9 during
2020-2025 due to its rapid adoption across
residential applications and increasing demand
for features such as the convenience of remote
operation and exceptional experience offered by
smart home automation is likely boost the market
growth over the forecast period.
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- Key Takeaways
- The smart kitchen segment is expected to witness
highest CAGR owing to the high demand for smart
appliances and with pacing technological
advancements such as Internet of Things - The service segment is expected to grow at a
highest CAGR in the forecast period owing to
increasing adoption of the smart home automation
technology - North America dominated the smart home automation
market with a share of more than 33.57 due to
presence of developed countries such as U.S. and
Canada where there is high adoption and awareness
of technological improvement.
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By Distribution Channel- Segment Analysis The
smart kitchen segment is expected to witness
highest CAGR of 8.9 owing to the high demand for
smart appliances and with pacing technological
advancements such as Internet of Things the
kitchen concept has gone through very radical
change with a major focus on increasing
efficiency around the kitchen and reducing the
time spent in cleaning and cooking. IOT is a
growing network of everyday objects, connecting
industrial machines to consumer home appliances
that can share information and complete tasks,
while people are engaged in other routine
activities.
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- Smart Home Automation Market Industry Outlook
- ABB Ltd.
- Control4 Corporation
- Crestron Electronics
- Honeywell International Inc.
- Ingersoll-Rand plc
- Johnson Controls
- Legrand SA
- Leviton Manufacturing Company
- Lutron Electronics Co.
- Schneider Electric
- Siemens AG
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Smart Home Automation Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Smart-Home-Au
tomation-Market-Research-504094
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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