Finance > Stock Market Home Automation Industry Size To Reach USD 39.88 Billion By 2024 Posted by Marketoverview in Finance on January 31st puma fenty slippers uk , 2018
The global Home Automation Market is expected to reach USD 39.88 billion by 2024, driven by rising necessity of consumers for protection against fire and break-ins. Availability of automated systems that can be operated over high-speed Wi-Fi, powerful smart phone ubiquitous, and growing popularity of Internet-connectable gadgets is expected to drive market growth. Moreover, reduced energy consumption and availability of a broad range of products is anticipated to boost the home automation market.
North America was the largest market accounting for 35.7% of the share in 2016, owing to the adoption of the technology and availability of affordable solutions is expected to augment market growth. Europe is expected to witness sluggish growth over the forecast period on account of market saturation. Factors such as awareness towards security & safety of property, particularly in countries such as Germany, UK and France, is expected to drive the market over the forecast period. Asia Pacific, Central & South America, and the Middle East are expected to lead the global home automation market in the next few years
Browse Details of Report @ systems were extensively used and are expected to witness a growth at an 11.7% CAGR on account of shift of consumers to a hands-free method of operation. Computing network is anticipated to achieve substantial growth in future owing to the availability of wearable computing devices and high-speed internet connectivity.
Safety & security was the largest contributor and is expected to witness the fastest growth on account of advancement of technology such as biometric enabled lock system, camera feeds, and alarm systems which prevent theft and burglary. Mainstream automation systems are expected to witness significant growth in upcoming years on account of its ability to integrate all smart electronic appliances to form one intelligent system which can be accessible by the user.
Custom automation systems are anticipated to grow on account of its ability to provide features which suit the personal requirement of the customer. Moreover, these systems are available over a broad price range, thus, providing a consumer with the option of picking and choosing functions that suit their homes.
KUALA LUMPUR, Sept. 27 (Xinhua) -- A Malaysian government official has said that the government is mulling a new halal logo proposed by two economic organizations to denote products made by Muslims.
Othman Mustapha, director-general of Department of Islamic Development Malaysia, warned that the new logo could be unlawful unless they are certified by existing regulatory authorities, according to a Tuesday report from Oriental Daily.
Othman also said he would seek further clarification from the Malaysia Institute of International Islamic Cooperation and the Rubber Industry Smallholders Development Authority (RISDA) on their intentions to issue the new halal logo.
An earlier report from Malaysia's state news agency Bernama quoted Zahidi Zainul Abidin, chairman of RISDA as saying the new logo is to distinguish products that were produced by Muslims against that of non-Muslims and help Muslim entrepreneurs make forays into the halal markets locally and abroad.
Halal refers mostly to food products, but is also applicable to cosmetics and other consumer goods since they may contain animal-derived products. Halal logos can also be seen in food premises and slaughter houses in Malaysia.
According to the United States Halal Associations, over 1.6 billion or about 25 percent of the world population are Muslims while the global halal market is estimated to be worth more than 632 billion U.S. dollars a year.
Malaysia also launched its first carrier compliant with Islamic laws in last December, Rayani Air, but its operations were suspended in April.
SANTIAGO, June 14 (Xinhua) -- Venezuela's forward player Salomon Rondon once again scored the goal that lead to Colombia's defeat, just as two years ago in a match played in Cachamay stadium.
Venezuela had a very good debut in Copa America against Colombia on Sunday. Against all odds, Venezuela defeated one of the favorite teams in their debut as part of Group C.
This is the second consecutive victory of Venezuela against Colombia. The last time they played was in the 12th matchday of Brazil 2014 qualifying tournament in Cachamay stadium, located in Guayana City, Venezuela, where Rondon scored the only goal of the game.
Rondon, forward player of Zenit club, was elected as the best player of the game. Rondon's goal was a header from a pass to score from Alejandro Guerra.
With this victory, Venezuela won its first three points in Copa America.
Rondon had 82 percent of accuracy, he made 22 passes mostly in the sides for Guerra and Vargas, as well as Rosales and Amorebieta. He was certainly one of the main authors of Venezuela's historic victory.
This is the first time Venezuela defeats Colombia in Copa America.