Next Move Strategy Consulting
Thailand Smart Home Market is predicted to reach USD 6.66 Billion by 2030
Thailand Smart Home Market is predicted to reach USD 6.66 Billion by 2030
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According to the study by Next Move Strategy Consulting, the Thailand Smart Home Market size is predicted to reach USD 6.66 billion, at a CAGR of 26% by 2030.
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The smart home market in Thailand benefits from the technological advancements made by regional players. These companies continuously innovate to develop cutting-edge connected home devices and systems tailored to local preferences and needs.
The proliferation of smart city projects across the region significantly accelerates the Thailand smart home market demand. These initiatives focus on integrating advanced technologies into urban development promoting connected home solutions to enhance urban living.
Several market players operating in the Thailand smart home industry include Honeywell International, Inc., Schneider Electric, ABB Ltd, Amazon, Samsung, LG Electronics, Google Home, Hitachi, Ltd, Xiaomi Inc., Sony Corporation., and others.
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