Smart Home Cloud Platform Market To Represent A Significant Expansion At 17% CAGR By 2020 to 2030-Persistence Market Research – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Key Takeaways from Smart Home Cloud Platform Market Study
Most smart home device manufacturers are developing advanced smart home cloud platform tools to reduce network complexity and offer reliable connectivity.
Among the applications, the smart speakers segment is expected to witness high growth, as these speakers are powered by voice assistant capabilities that offer controls for smart home devices.
Countries across the globe such as the US, Germany, China, Japan, the UK, and Russia are witnessing changes at a faster pace, owing to rise in consumer preference toward adopting smart home devices.
Among the regions, the smart home cloud platform market in South Asia & Pacific is exhibiting high growth, owing to increasing demand for and adoption of technological advancements, especially in smart home appliances and consumer electronics.