UAE Smart Homes Market (2016-2022)-6Wresearch
UAE Smart Homes Market is one of the Fastest Growing Market in the GCC Region in 2015
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.
According to 6Wresearch, UAE Smart Homes Market is expected to grow at a CAGR of 14.8% from 2016 to 2022. During 2010-15, physical security system segment has witnessed largest number of installations in the country; however, energy management system segment captured major share of the market revenue pie. The key reason for the increasing revenue from the energy management system segment is...