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Next Move Strategy Consulting

Russia Smart Home Market is predicted to reach USD 17.44 Billion by 2030

Russia Smart Home Market is predicted to reach USD 17.44 Billion by 2030

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According to the study by Next Move Strategy Consulting, the Russia Smart Home Market size is predicted to reach USD 17.44 billion, at a CAGR of 19.1% by 2030.

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The rapid proliferation of digitalization in Russia serves as a significant driver behind the expansion of the smart home market.

The growing digital connectivity in the country drives the demand for connected home technologies, serving as another key driver for the Russia smart home market growth.

Several market players operating in the Russia smart home industry include Honeywell International, Inc., Somfy, ABB Ltd, Samsung, Google Home, D-Link Systems, Inc., HDL Automation, Livicom, Lumi United Technology Co., Ltd. , Guangzhou Video-Star Intelligent Corp.

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