How big is the global Smart Home Market ?
The global smart home market size was USD 86.48 billion in 2020. The market is expected to grow from USD 99.89 billion in 2021 to USD 380.52 billion in 2028, growing at a CAGR of 21.1% during the 2021-2028 period. KEY INDUSTRY DEVELOPMENTS: January 2021: D-Link Corporation introduced ‘mydlink’ smart home solutions, emphasizing the safety provided to keep loved ones and the home safe throughout the pandemic. For individuals who want to stay at home, it includes features such as mydlink cloud, AI-enabled protection and ensuring increased security and manageability. June 2020: Cisco expands its intent-based networking portfolio with additional features to provide clients with improved control, security, and insights. Cisco DNA Center and Cisco DNA Spaces will now offer greater insights regarding IoT endpoints, this improved network insight will allow smarter automation. Request Sample Copy Fortune Business Insights says that the market v...