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China Smart Home Market will be USD 37 Billion by 2025 - Renub Research

A home is defined as where appliances and devices are controlled via a smartphone application or web portal as user interface devices connected through the internet. Smart home systems, includes lighting control systems, security systems, entertainment systems (audio and video), home appliances, and others; and smart home devices, including speakers, in particular, are some of the most substantial segments of the smart home market. China smart home market is expected to be close to USD 37 Billion by the end of the year 2025. 

These are some reason that will take China Smart Home Market far ahead; Rapid growth of smart phones and smart gadgets in China, Giving importance to smart home in 12th Five Year Plan, A good initiative of the government regarding urbanization, the rapid growth of urban population in China, Big companies in China are working on a smart home project, Public-private partnerships and large corporate investments will take China smart home far ahead, Internet penetration increased rapidly, Rapidly increasing disposable income of middle class population in China, Increased awareness of public towards carbon emission and energy efficient products. Safety, security and convenience are the three core reasons which will take China smart home forward in forecast period.



About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. 


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