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Currently, less than 1% of homes employ full smart home technology. But by 2018, HIS Technology, a research firm, predicts that 45 million smart home devices will have been installed, and the annual business volume will have grown to $12 billion dollars. ABI Research predicts growth to $14. 1 billion by 2018. The market research firm Allied Market Research projects that the global smart homes and buildings market will grow at a compound annual growth rate of 29. 5% through 2020, at which point the market will be worth $35.home security camera systems wireless
These players contribute a majorly in the growth of smart smoke detector market. TABLE OF CONTENTS1 Executive Summary2 Scope of the Report2. 1 Market Definition2. 2 Scope of the Study2. 3 Research Objectives2. 4 Markets Structure3 Market Research Methodology3. 1 Research Process3. 2 Secondary Research3. 3 Primary Research3. 4 Forecast Model4 Market Landscape4. 1 Porter’s Five Forces Analysis4.