China Smart Homes Market Will Grow at a CAGR of 44.30 Percent During the Period 2017-2024
Smart homes market in China has great potential to grow as it has all growing required factors such as growing middle and upper class population, government support policy for IoT, high internet penetration rate, large number of internet users and hefty local manufactures which help to boost uses of smart home devices in lower and middle income segments. It is expected that China smart homes market will grow at a CAGR of 44.30 percent during the period 2017-2024.
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