The Spain Smart Home Market size is estimated at USD 0.83 billion in 2024, and is expected to reach USD 1.36 billion by 2029, growing at a CAGR of 10.38% during the forecast period (2024-2029).
The Spanish smart home market is highly competitive, with small and large players. Major companies hold substantial market shares and are actively seeking global consumer expansion. These players are bolstering their positions through strategic collaborations, partnerships, acquisitions, and new product launches, aiming to gain a competitive advantage in the coming years. Some of the major players in the market are ABB Ltd, Schneider Electric SE, Samsung Electronics Co. Ltd, Fibaro, and EVVR.
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