Smart Hubs 2017 Global Market Expected to Grow at CAGR 5.25% and Forecast to 2021
A smart home hub is a device that connects the devices on a home automation network and controls communications among them. Once a smart hub is installed, it connects to other smart devices at home and acts as a gateway. Manufacturers of smart hubs need to focus on product advancements, appropriate channels of distribution, and pricing strategies. R&D is an important factor for smart hubs manufacturers.
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