China Offering Enormous Potentials for Smart Home Industry
2016: China’s smart home market size broke into RMB 200 billion with a 30% YoY growth.
2017-2018 : Chinese smart home products users spiraled to 60 million.
2019: With the widening adoption of 5G, AI, and IoT technologies, a smart future is opening up to China.
Data Source: ASKCI Consulting