China's Smart Home Market, Forecast to 2026 - Policies, Initiatives, and IoT Driving Smart Homes
DUBLIN, Jan. 23, 2020 /PRNewswire/ -- The "China Smart Home Market, Number, Household Penetration (by Application Areas), Funding, Policies, Trends & Key Company Profiles - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
This report provides a comprehensive assessment of the fast-evolving, high-growth Chinese Smart Home Industry.
China offers a lucrative market opportunity for the Smart home industry. The china smart home market is predicted to reach nearly US$ 46 billion by the year 2026.
In China, household penetration for smart home applications is estimated at around 8% in 2019.
While, Security application captured least share of the Smart Home active households in 2019. With improvement in network infrastructure, broadband and internet penetration has increased, and consumers are increasingly opting for wireless and technologically advanced products to ensure more security for their families. As the trend towards home automation and smart homes grows, the market will witness significant growth.
The 182 page report with 48 figures and 4 tables has been analyzed from 8 viewpoints:
Key Topics Covered
1. Executive Summary
For more information about this report visit https://www.researchandmarkets.com/r/b70wj3
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