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Reading: Projected growth in UAE smart home market expected to reach $76.4 million by 2024
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Gulf Press > Business > Projected growth in UAE smart home market expected to reach $76.4 million by 2024
Business

Projected growth in UAE smart home market expected to reach $76.4 million by 2024

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Last updated: 2024/09/13 at 3:52 AM
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The global smart home market is rapidly expanding, with projections indicating significant growth in the coming years. By 2032, the market size is expected to reach $633.20 billion, representing a CAGR of 22.9 per cent. In the UAE, the smart home market is projected to reach $76.4 million in 2024, with an annual growth rate of 10.49 per cent expected to bring the market volume to $113.8 million by 2028. This growth is driven by the increasing demand for smart home technology and innovative solutions that offer convenience and efficiency to consumers.

Versuni, a leading company in the smart home technology sector, has introduced the Philips Robot, a cutting-edge device that promises to revolutionize home cleaning. By combining advanced technology with unparalleled convenience, the Philips Robot aims to redefine home cleaning by offering superior performance and ease of use. With features such as simultaneous vacuuming and mopping, ultra-strong suction power, and an extended battery life of up to 180 minutes, the Robot ensures thorough cleanliness with minimal effort from the user.

The Robot’s innovative design includes state-of-the-art 3D sensors that detect and avoid small obstacles, ensuring seamless navigation around the home. It also features an Auto-Empty Station that allows the Robot to empty itself in less than 30 seconds, making disposal of dust and debris quick and hygienic. The Robot’s vibrating mop not only cleans but also sanitizes, removing 99.9 per cent of bacteria caused by dirty shoes and pet hair. These features make the Philips Robot an ideal solution for households with allergy or asthma sufferers, as it promotes a clean and hygienic living environment.

With the demand for smart home solutions on the rise, Versuni is well-positioned to meet the needs of consumers with The Intelligent Helper. This innovative product is set to capture a significant share of the smart home cleaning market, appealing to consumers who value efficiency, convenience, and superior performance. As smart home technology continues to advance, Versuni remains committed to innovation and aims to provide consumers with cutting-edge solutions that enhance their daily lives and make home maintenance easier and more efficient.

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News Room September 13, 2024
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