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Global smart home market to see strong growth

September 14, 2016Paul Ragusa

LONDON—The global smart home M2M market, which was at $19.5 billion in 2015, is set to grow to $96.5 billion by 2020, at a CAGR of nearly 35 percent, according to a recent study from global research firm Technavio.The smart home M2M market in the Americas, valued at $10.1 billion in 2015, is expected to reach $41.3 billion by 2020, growing at a CAGR of 32.43 percent.“Presence of enhanced global connectivity (LTE) across the world is one of the major reasons driving the global smart home...

Abhishek Sharma, smart home, TechNavio

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