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Zion Research

Home automation market to grow at 25 percent CAGR


SARASOTA, Fla.—Global market research firm Zion Research published a new report that estimates that the global home automation market, which was valued at around $5 billion in 2014, is expected to reach $21 billion in 2020, growing at a CAGR of around 25 percent between 2015 and 2020.