Monday, January 7, 2019
Global Home Automation Market Continues Growing
An experienced leader in the oil and gas industry, Amzy Hibler has spent much of his career working for the Chevron Corporation in positions that include CFO and director of finance. After leaving the energy sector, Amzy Hibler accepted the position of CFO at Technology Guru, a smart home automation company.
The global home automation market has been growing rapidly. The North American and European markets have prompted the growth of related industries, including construction, real estate, and consumer electronics.
Experts believe this growth will continue through 2020 and reach a value of just under $80 billion. The Asia-Pacific region is expected to have the fastest growth, with India becoming one of the world’s top regions in terms of smart city projects. So far, most smart city projects have been limited to the North American and European markets.
Smartphone-based control applications are the primary fuel for the future growth of the home automation market. The ability to monitor and control home appliances from anywhere has drawn the interest of many consumers around the world. Automatic applications are increasingly in demand, particularly among professionals who work away from the home.
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