Africa Smart Home Market is predicted to reach USD 8.63 Billion by 2030

According to the study by Next Move Strategy Consulting, the Africa Smart Home Market size is predicted to reach USD 8.63 billion, at a CAGR of 20.7% by 2030.

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The escalating urbanization trend in South Africa emerges as a key driver propelling the uptake of home automation appliances.

Government initiatives and policies aimed at promoting technology adoption and sustainable urban development also drive the smart home market in Africa.

Several market players operating in the Africa smart home industry include Honeywell International, Inc., Schneider Electric, ABB Ltd, Amazon, Somfy, Samsung, LG Electronics, Google Home, D-Link Systems, Inc., Hitachi, Ltd.