Author: Company Announcement

Asia’s burgeoning smart home market will reach US$115 billion by 2030, accounting for 30 percent of the global share, according to a report released by global management consulting firm A.T. Kearney. The report forecasts the global smart home market to grow to US$50 billion by 2020 and surge to US$400 billion by 2030, from US$15 billion currently. Grow in Asia will be driven by China and Japan, with highly-connected economies such as Singapore, South Korea and Taiwan also playing a key role “Asia’s socio-economic landscape provides a great opportunity for the region to be a global driver of growth in…