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Hunting Blinds Market Predicted to Reach USD 18 20 Billion
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Window Blinds Market Forecasted to Achieve US$ 4 69 Billion
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Automated Blinds and Shades Market Set to Hit US$ 24,102 5 Million at 4 6% CAGR by 2034: Fact MR Report
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Smart Shades Market: What are the key challenges Forecast 2020 to 2030
factmrJune 29, 2021 10
ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.
A recent study by Fact.MR on the smart shades market offers a 10-year forecast for 2020 to 2030. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for
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NEW YORK, Feb. 19, 2021 /PRNewswire/ The global smart shades market is poised to experience healthy expansion through 2021, experiencing a growth rate of 16.5%, according to a recent report published by Fact.MR. Long-term projections appear equally strong, with forecasts pointing towards a stellar 23% CAGR through 2031. Burgeoning demand for smart homes and rising energy efficiency requirements are expected to catapult the market on such an elevated trajectory.
According to the study, demand is highly reliant on the deepening penetration of ZigBee/Z-Wave technology enabled devices. Recently, in September 2020, the Z-Wave Alliance announced its new Long Range (LR) specifications, extending the transmission range of peripheral Z-wave devices including locks, garage doors and smart shades. The technology aims to increase scalability to over 2000 nodes on a single smart home network.