Taiwan Smart Home Market is predicted to reach USD 5.21 Billion by 2030

According to the study by Next Move Strategy Consulting, the Taiwan Smart Home Market size is predicted to reach USD 5.21 billion, at a CAGR of 25% by 2030.

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The Taiwanese government's emphasis on developing technologically advanced and interconnected cities encourages residents to adopt smart home solutions, aligning with the broader vision of smart and efficient urban living.

The dominant position of Taiwan in semiconductor manufacturing plays a significant role in influencing the smart home market.

Several market players operating in the Taiwan smart home industry include Schneider Electric, ABB Ltd, Amazon, Samsung, LG Electronics, Google Home, Hitachi, Ltd, Xiaomi Inc., Sony Corporation, D-Link Systems, Inc.