What are the smart home market forecasts?

Global Smart Home Market Forecast:

1. Market Value In 2017 - USD 64.33 billion
2. Projected Market Value In 2025 - USD 176.59 billion
3. CAGR Growth Rate During 2018–2025 - 13.5%

Market Growth Factors:

1. The growing importance of home monitoring system
2. Advancement in the Internet of Things (IoT)
3. Growing awareness About Energy Efficient Devices

Market Restraints:

1. The high cost of existing smart devices
2. Security and Privacy Concerns
3. Smart Home Market Key Players:
4. Siemens AG
5. United Technologies Corporation
6. General Electric Company
7. Schneider Electric Se
8. Honeywell International, Inc.,
9. Ingersoll-Rand PLC
10. Johnson Controls, Inc
11. ABB Ltd

For More In-Depth Analysis And Forecast On Smart Home Market At https://bit.ly/2GXmgcz