GCC Smart Homes Market by Countries, Companies, Forecast by 2027
GCC Smart Home Market will be US$ 5,477.40 Million by 2027. Forecast by Countries (UAE, Saudi Arabia, Qatar, Bahrain, Kuwait), Application, Company Analysis.
By: Renub Research
The driving force behind GCC smart homes market growth is increasing government initiatives, adopting IoT across the GCC countries, rising home securities, and surging adoption of smart devices. Besides, growing investment for the development of technologies and increasing demand for real-time security solutions. Furthermore, there have been growing construction activities across GCC countries in the upcoming years at the same time; ongoing residential and commercial projects have huge demand over HAVC system would further drive this market. As per our study, connected entertainment, say, wireless speaker, Smart TVs, video streaming and connected health devices wearable's has reached its maturity level in the GCC countries. For the year 2020, Gulf Cooperation Council Smart Home Industry was US$ 803.40 Million.
Facts about GCC Countries
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