CONNECTED HOME SECURITY MARKET ANALYSIS
Global Connected Home Security Market: Regional insights
The global connected home security market on basis of region is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market for connected home security in North America accounted for the largest share of the global connected home security market in 2016. Growth in this region is attributed to increasing demand for connected home devices, including digitally connected and remote controlled devices within a house. These include thermostats, lighting, security, and entertainment systems, in turn increasing demand for connected home security. According to the Coherent Market Insights analysis, the North America market for smart homes device was valued at around US$ 7.01 billion in 2017, which is 47.68% of the global revenue in the smart home market.
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