Rapid Expansion Projected for Smart Home Devices, IHS Markit Says

Dateline City:
LONDON
Multimedia
All Other Multimedia:
Contacts
Technology
Lee Graham, +1 303 264 9404
lee.graham@ihsmarkit.com

Smart home device market rising at a CAGR of 60 percent to reach 477 million units in 2020

LONDON (September 1, 2016) – The smart home market continues to expand, with 47 million connected smart home devices shipped globally in 2015. The market is projected to broaden at a compound annual growth rate of 60 percent, reaching 477 million devices in 2020, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

Language:
English

read more

Subscribe to Applenews247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>