UAE Smart Homes Market Growth at 14.8%, 2016-2022: Burgeoning Security Concerns/ Surging Smartphones Market … – Yahoo Finance
Dublin, Oct. 26, 2016 (GLOBE NEWSWIRE) — Research and Markets has announced the addition of the “UAE Smart Homes Market (2016-2022)” report to their offering.
The report thoroughly covers the market of smart homes by segments and by regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers which would help stakeholders to device and align market strategies according to the current and future market dynamics.
The UAE smart homes market is expected to grow at a CAGR of 14.8% during 2016-22. Growing construction of villas in UAE has fuelled the growth of smart homes market in the country. Abu Dhabi, Al-Ain Emirate and Dubai Emirate have accounted for the largest revenue share in the overall market. During the forecast period, Dubai Emirate region is forecast to grow at relatively higher CAGR on the back of government initiatives to build smart city in the region.
UAE is one of the leading markets for smart home systems in GCC region. Although, UAE market registered a slow growth during 2013-2015 owing to the decline in residential sector construction market coupled with the low FDI inflow. However, on account of growing awareness and increasing acceptance of automation technology, UAE market is expected to exhibit a major deployment of smart homes systems in the country.
Expected growth in the construction of villas, growing awareness and increasing acceptance of automation technology coupled with declining prices are some of the major factors driving the overall growth of smart homes market in UAE. In the UAE smart homes market, home energy management system segment accounted for majority of the market revenues owing to high pricing and installation of HVAC systems across the residential sector followed by the physical security system segment.
- Physical Security Systems:
- – Video Surveillance System
- – Access Control System
- – Alarming System
- – Fire and Safety System
- Home Energy Management Systems:
- – Lighting Control System
- – HVAC System
- Blinds Management System
- Other Home Automation Systems
- Abu Dhabi and Al-Ain Emirate
- Dubai Emirate
- Sharjah and Other Northern Emirates
- Honeywell International Inc
- Legrand FZE
Key Topics Covered:
1 Executive Summary
3 Global Smart Homes Market Overview
4 UAE Smart Homes Market Overview
5 UAE Smart Homes Market Dynamics
6 UAE Smart Homes Market Trends
7 UAE Smart Homes Physical Security System Market Overview
8 UAE Smart Homes Energy Management System Market Overview
9 UAE Smart Homes Blinds Management System Market Overview
10 UAE Smart Homes Other System Market Overview
11 UAE Smart Homes Market Overview, By Regions
12 Company Profiles
13 Key Strategic Pointers
For more information about this report visit http://www.researchandmarkets.com/research/9n5hb4/uae_smart_homes
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