Europe Smart Home Market : Opportunities & Forecast, 2018-2025 Europe Smart Home Market Opportunities | Page 2
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Figure 1: Global Europe Smart Home Market Revenue, 2018–
2025 (USD Million)
Source: GMI Research
The key factors bolstering the market growth are
government support for the development of the smart home
market and growing demand for energy efficient home
automation solutions by the consumers to reduce their
carbon footprint.
Based on the applications, lighting control is anticipated to
lead the market during 2018–2025
Lighting controls are expected to continue to
dominate Europe’s smart home market, owing to, the
growing demand for the energy efficient lighting solutions by