Smart Home Market in India Outlook to 2018-2023


In India, the Smart Home Market is in its nascent stage and is expected to increase at an astounding growth rate in the coming years. Currently, the penetration level of smart homes is higher in Indian metro cities such as Bangalore, Delhi, Mumbai and Pune, and accounts for majority of the smart home market. Smart lighting, smart speakers, smart thermostats, smart home hub and smart surveillance are some of the major smart home offerings in the country. Under the Make in India program, the Government of India is taking measures such as reduction in customs duty on telecommunication products to boost the electronics manufacturing sector, which in turn is expected to drive growth in the Indian smart home market.

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Created by aadolfst01 14 weeks 1 day ago – Made popular 14 weeks 15 hours ago
Category: Business   Tags:

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