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Smart Home Weather Stations and Rain Gauge Market
21 June 2019, Global smart home weather stations and rain gauge market is estimated to grow substantially in the years to come owing to increasing attraction due to growing innovations in product design, performance, features, and technology. Smart home weather stations and rain gauge is the device that can be installed indoors or outdoors to check weather conditions in the locality. The real-time weather data provider saves time and money with easy installation and no moving parts for further risk of damage.
The market is witnessing growth owing to the factors like increase in demand for smart home devices due to penetration of internet and intensifying demand for smartphones owing to operation by smartphones. However, lack of awareness about smart home weather stations in developing as well as developed economies is hampering the growth of smart home weather stations and rain gauge market.
Increasing online sales of smart home weather station & rain gauges is one of the key trends in this market. Nonetheless, increasing security & data privacy issues about smart devices and IoT are challenging the market. Market is categorized on the basis of product, and geography. On the basis of product, market is divided into smart rain gauge and smart home weather station. Smart home weather station segment is expected to hold larger share of the market due to improved internet connectivity and presence of potential consumers.
Geographically, market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. Owing to the adoption of technologically advanced products, North America and South America are predicted to dominate the market in the forecast period. Europe is also expected to grow significantly due to increasing awareness. The prominent players in smart home weather stations and rain gauge market are La Crosse Technology, AcuRite.com, Ambient Weather, Netatmo and Davis Instruments.
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