Global Home Automation System Market Will Grow at CAGR of 55.24% in 2018: ResearchMoz.us
Global Home Automation System market to grow at a CAGR of 55.24 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need for safety and security. The Global Home Automation System market has also been witnessing the increasing adoption of wireless residential building automation systems. However, the lack of effective product differentiation could pose a challenge to the growth of this market.