In key geographic markets, smart home device sales will reach 356.3 million units annually in 2024, accounting for 80.2 million total smart homes. This represents an installed base of 1.33 billion smart home devices, with annual sales revenue of $21.3 billion (€18.99 billion) in 2024.
The ZigBee Alliance is in continuous communication with its member companies to develop and maintain its suite of market-relevant standards for the IoT. The Alliance is aware of the issues raised in the Weizmann Institute /
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