(I-BusinessNews.Com, December 23, 2019 ) Renub Research report titled “GCC Smart Home Market by Application (Lighting Control, HVAC Control Systems, Security & Access Controls, Entertainment Control Systems, Others) Country (United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Bahrain)” provides a complete analysis of GCC countries Home Automation Market. GCC Smart Home Market is expected to be more than US$ 3.4 Billion by the end of the year 2025.
These are some important factors that propel the market growth of GCC smart home; rising per capita disposable income of household, increasing urbanization rate in GCC countries, technology innovation & energy efficient, major international events which promotes the smart homes, favorable government policy regarding energy efficiency, fast adoption of smart building and smart cities, rising penetration of Internet of things etc. In addition growing security concern and advanced technology solution will further boost the GCC smart home market during forecast period.
Smart home is a home equipped with so many advanced technologies that makes people life quite comfortable in efficient manner. This device includes; smart lighting & control system, HVAC control system, Security & Access control system, Entertainment Control Systems and others devices. Rising elite and high middle class preference toward smart home device will influence the middle class society to purchase at least one or two smart home components based on affordability. Urban populations across the GCC countries are showing widespread inclination toward home automation as this new technology provides ease of living and energy savings.
By Application: this report covers in-depth analysis of GCC smart home market by seven application which includes; smart lighting, HVAC, Security & Access control, Entertainment and others devices. Security is always an integral part of an infrastructure; the installation of different security and access control technologies, such as IP-enabled devices, iris detection systems, wireless locks, etc.
By Country: here, we provide the regional analysis and market insight of smart home. There are five region covered in this report; United Arab Emirates, Saudi Arabia, Qatar, Kuwait and Bahrain. Saudi Arabia has made it mandatory for all firms to mount CCTV in their premise to protect against theft-related crimes.
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