What is the market size for the ?

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What is the CAGR for the ?

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What is the growth rate of the market?

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Which region held the largest market share in the market?

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Who are the prominent players in the market?

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Smart Thermostat Market in APAC 2015-2019

Q: What is the market size for the ?

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Q: What is the CAGR for the ?

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Q: What is the growth rate of the market?

. <a href='https://www.technavio.com/report/apac-smart-thermostat-market'>Read More</a>

Q: Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/apac-smart-thermostat-market'>Read More</a>

Q: Who are the prominent players in the market?

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Published: Jan 2016
Pages: 53
SKU: IRTNTR7377

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Market outlook of the smart thermostat market in APAC

Smart thermostats consist of hardware panels and sensors that can be controlled by smart devices like smart phones, tablets, and desktops. A smart thermostat not only controls the temperature efficiently, but also lowers the overall energy consumption, thus, helping in the reduction of energy bills, saving energy resource for future use, and also sustaining the planet earth. These factors positively influence the smart thermostat market in APAC and results in its profound CAGR of nearly 64% by 2019.

In this market analysis, Technavio market research analysts estimate eminent factors, such as the booming e-commerce market in Asia, to drive market growth during the forecast period. The advent of e-commerce portals is expected to positively influence market growth as it gives the consumers a platform to compare the prices and specifications of smart devices. Since Asia accounts for approximately 40% of the world’s internet population, the advent of e-commerce portals in this region is expected to impel market growth during the forecast period.