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China Smart Home Market, Volume, Household Penetration & Key Company Profiles - Forecast to 2024 - ResearchAndMarkets.comThe "China Smart Home Market, Volume, Household Penetration & Key Company Profiles - Forecast to 2024" report has been added to ResearchAndMarkets.com's offering. The Chinese smart home market is likely to show double digit growth rate (CAGR) during the period 2018 - 2024. In China, household penetration for smart home applications is estimated at just over 3% in 2017. The favorable policies and the coming of Internet of Things laid a solid foundation for the smart home market in China. Furthermore, initiatives such as National New-type Urbanization Plan, China's 12th five-year Development Plan, Smart Cities Projects and Made in China 2025 strategy, are likely to fuel the growth of China's smart home market. In addition to country-wide initiatives, large corporations in China, from technology giants to white goods manufacturers, are placing big bets on the Chinese smart home market. Several major Chinese giants like Baidu, Xiaomi, Alibaba, Haier and many others have already entered the market for smart home products. The growth of the smart home market is attributed to factors such as significantly growing IoT market, government support, increasing urbanization & growing awareness for smart home technology, and increasing importance of home monitoring from remote locations. With the increasing demand of smart home devices, security and privacy breach s also increasing. The issues pertaining to privacy and security breach are restraining the growth of the smart home market. China Smart Home Market - By Application Areas
China Smart Home Active Households - By Application Areas
This report has been analyzed from 8 viewpoints: 1. China Smart Home Market, Volume, Household Penetration & Forecast (2014 - 2024) 2. China Smart Home Market Share Analysis - By Application Areas (2014 - 2024) 3. China Smart Home Active Households Share - By Application Areas (2014 - 2024) 4. China Smart Home Market, Number of Active Households & Households Penetration - By Application Areas (2014 - 2024) 5. China Smart Home Market Funding 6. China IoT / Smart Homes Market - Policies, Trends and Standards & Government Role 7. China Smart Home - Key Company Profiles 8. China Smart Home - Growth Drivers and Challenges Key Company Profiles 1. Chuango Security Technology Corp 2. Heiman Co. Limited 3. Sichuan Changhong Electric Co Ltd 4. Hisense (News - Alert) Co. Ltd 5. Xiaomi Inc 6. Alibaba Group 7. JD.com 8. Baidu 9. Haier 10. China Unicom (News - Alert) For more information about this report visit https://www.researchandmarkets.com/research/r3w9tg/china_smart_home?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180302005219/en/ |