By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Projected growth in UAE smart home market expected to reach $76.4 million by 2024
Share
Notification Show More
Latest News
Education, Training and Innovation Committee at OCCI Discusses Hosting ISPIM Muscat 2026
Gulf
From Desert to Snow: Hijra takes audiences on a cinematic journey across Saudi Arabia
Gulf
Prime Minister meets Palestinian Vice President
Gulf
GCC, Austria discuss strengthening ties in Riyadh
Gulf
Arab Gulf Cup Football Federation holds General Assembly meeting in Doha
Sports
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
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

News Room
Last updated: 2024/09/13 at 3:52 AM
News Room
Share
3 Min Read
SHARE

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.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room September 13, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article From A Dh750 Salary to Dh600,000 Revenue: Dubai Expat Opens Restaurant After Retiring
Next Article Dubai: Despite teammate’s death in Gaza war, Palestinian player keeps baseball spirit alive
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Education, Training and Innovation Committee at OCCI Discusses Hosting ISPIM Muscat 2026
Gulf December 15, 2025
From Desert to Snow: Hijra takes audiences on a cinematic journey across Saudi Arabia
Gulf December 15, 2025
Prime Minister meets Palestinian Vice President
Gulf December 15, 2025
GCC, Austria discuss strengthening ties in Riyadh
Gulf December 15, 2025

You Might also Like

Business

Tokyo-bound United Airlines flight returns to Dulles airport after engine failure

December 15, 2025
Business

Volkswagen bets on sedans in Saudi Arabia with the return of Jetta and Passat

December 15, 2025
Business

AI set to transform Dubai real estate with smarter valuations and predictions

December 15, 2025
Business

Credit granted by Oman’s banking sector rises by 9% to 34.7bn

December 15, 2025
Business

Elon Musk’s SpaceX will be the world’s biggest ever IPO in 2026 – if it happens

December 15, 2025
Business

Nizwa Industrial City attracts new investments worth OMR12 million

December 15, 2025
Business

Jeddah Tower hits 80 floors: Burj Khalifa dethroned soon?

December 15, 2025
Business

Muscat Stock Exchange hits 9-year high, market cap tops OMR32bn

December 15, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?