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Raipur . India, April 19, 2018 -- Report Sellers has added a new market research report “China Smart Home Market, Volume, Household Penetration & Key Company Profiles - Forecast to 2024” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.
The favorable policies and the coming of Internet of Things laid solid foundation for smart home market in China. Furthermore, initiatives such as National New-type Urbanization Plan, Chinas 12th five-year Development Plan, Smart Cities Projects and Made in China 2025 strategy, are likely to fuel the growth of China smart home market. In addition to country-wide initiatives, large corporations in China, from technology giants to white goods manufacturers, are placing big bets on the Chinese smart home market. Several major Chinese giants like Baidu, Xiaomi, Alibaba, Haier and many others have already entered the market for smart home products.
Browse through the complete description and in-depth TOC on “China Smart Home Market”
China Smart Home Market - By Application Areas
Smart Appliances captured maximum share of the China smart home market in 2017.
Security is the second largest application segment of the China smart home market capturing over 20% share in 2017.
Control and Connectivity is the third leading application of smart home market, being followed by Home Entertainment segment.
In 2017, the revenue in the Comfort and Lighting segment amounts to just over US$ 650 Million.
Energy Management captured least share of the China smart home market.
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