Press Releases
 
Growing Landscape of the Smart Home in China Market Outlook: Ken Research

The report covers China Smart Home Market, China Smart Home-Comfort and Lighting Market, China Smart Home-Security Market by kenresearch.com

India, 18 February 2019 -- The history of IT and ITES was not so developed and innovated but in the recent trend the market of IT and ITES has grown more significantly with the effective developments in the technology, significant increase in the disposable income and up gradation in the technologies of smart home. Whereas, the home automation is building automation for a home, known as a smart home. A home automation an effective systems which automatically control the lighting, appliances, climate and entertainment systems. When the installed technologies of home are connected with the internet, home devices are an efficient constituent of the internet of things. Moreover, the key players of this market are doing effective developments in the technology for leading the fastest market growth in China in the coming years.

According to the report analysis, ‘China Smart Home Market, Number, Household Penetration & Key Company Profiles - Forecast to 2025’ states that there are several key players which are presently functioning in this more actively for dominating the highest market share in the region with the significant developments in the applications of the technology includes Chuango Security Technology Corp, HEIMAN CO., LIMITED, Sichuan Changhong Electric Co Ltd, Hisense Co. Ltd, Xiaomi Inc, Alibaba Group, JD.com, Baidu, Haier, China Unicom and several others. Additionally, to country-wide initiatives, huge organizations in China, from technology giants to white goods constructers, are placing big bets on the Chinese smart home market. Various major Chinese giants like Baidu, Xiaomi, Alibaba, Haier and many others have previously arrived in the market for smart home products. Furthermore, the key players of this market are adopting the effective technologies and developing their techniques of doing work after analyzing the strength of leading the market of competitor’s for leading the market growth not just in China but across the globe.
Nevertheless, many of the focused key players are established their e-commerce platform for leading the highest market share around the globe by which further they can accomplish the growing demand and lead the fastest market growth during the forecasted period.
Although, the auspicious policies and the welcoming of Internet of Things laid solid foundation for smart home market in China. Furthermore, ingenuities such as National New-type Urbanization Plan, China's 12th five-year Development Plan, Smart Cities Projects and Made in China 2025 strategy, are expected to drive the growth of China smart home market more efficiently. Meanwhile, the concerns affecting to privacy and security breach are hindering the growth of the smart home market. In China, the household dissemination for smart home applications is expected at around 5% in 2018. The Chinese smart home market was accounted at just over USD 7 Billion in 2018 and is likely to fivefold by the year 2025. The actively transformation in the infrastructure and changing living lifestyle of the population the market will increase more efficiently in the coming years with less restraints.
Additionally, the significant growth of smart home market is accredited to some proficient aspects such as significantly increasing IoT market, government support, growing urbanization & growing consciousness for smart home technology, and cumulative importance of home monitoring from distant locations. Therefore, in the near future, it is expected that the market of smart home in China will increase more significantly over the recent few years.
For more information, click on the link below:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/china-smart-home/177462-105.html

# # #


Media Contacts:
Ken Research
Ankur Gupta, Head Marketing & Communications

+91 9015378249

Submitted by kenresearch11, Ken Research Pvt. Ltd. on Monday, 18 February 2019 at 9:26 PM
Category: Enterprise Technology
 
Related News

Online Loans in Indonesia Present an MSME Business Capital Solution
Monday, 18 Mar 2019

High Powerful Cryptocurrency Miners Released
Saturday, 16 Mar 2019

Hire A Cleaner for House Cleaning With i'llTip App In Minutes
Friday, 15 Mar 2019

It's Official: You Can Now Enjoy EOS DApps on Infinito App Square
Friday, 15 Mar 2019

OnMiners Mining Rigs Offering Market's Fastest ROI
Thursday, 14 Mar 2019

Related Events

Applied Data Analytics Upstream 2019
Monday, 18 Mar 2019

Palo Alto Networks: Cybersecurity Forum 2019 (Singapore)
Wednesday, 20 Mar 2019

Palo Alto Networks: UTD NGFW, 22 March 2019, Bangalore
Friday, 22 Mar 2019

Asia’s Air Quality Show – Suntec, Singapore, 27-28 March 2019
Wednesday, 27 Mar 2019

Asia’s Weather Show – Suntec, Singapore, 27-28 March 2019
Wednesday, 27 Mar 2019

Latest News

Luxury Beautiful Holiday Homes Ardennes
Tuesday, 19 Mar 2019

Stem Cells and a Treatment for Lupus and Many Critical Diseases
Tuesday, 19 Mar 2019

Chronic Inflammatory Demyelinating Polyneuropathy (CIPD) Treatment Market: Overview with Detailed An
Tuesday, 19 Mar 2019

Oxytocic Pharmaceuticals Market: Overview with Detailed Analysis, Competitive landscape Forecast to
Tuesday, 19 Mar 2019

Waterborne Wood Coatings Market: Global Share, Size, Trends, Growth, Analysis and Forecast Till 2024
Tuesday, 19 Mar 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Tuesday, 19 March 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • The 29th International Pediatric Association (IPA) Congress 2019
  • Applied Data Analytics Upstream 2019
  • LEAP HR: Retail Conference 2019, Austin
  • 10th Proactive GCP Compliance
  • Palo Alto Networks: NERCOMP Annual Conference

  • Latest Jobs
    Sorry, there are currently no entries posted here.