European $44 Bn Smart Home Market to 2024
Canon, Inc. American Depositary Shares (CAJ)
Last canon, inc. american depositary shares earnings: 4/24 04:01 pm
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Source: PR Newswire
DUBLIN, April 15, 2019 /PRNewswire/ -- The "European Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC, Entertainment & Other Control, Smart Speaker, Home Healthcare, Smart Kitchen, Home Appliances, and Smart Furniture), Software & Services - Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.The European smart home market is expected to grow from USD 22.8 billion in 2018 to USD 44.0 billion by 2024 at a CAGR of 11.58%.A smart home refers to a residence equipped with computing and information technology devices, which anticipate and respond to the needs of residents; these homes ensure owners' comfort, convenience, security, and entertainment through upgraded technologies within homes. The concept of smart homes has been in existence for a long time; presently, this market is characterized by a number of developments and regulatory initiatives pertaining to smart homes.Smart homes include automated devices for applications such a
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