- The smart home sector has seen dramatic growth over the past 3 years, with 34% of households owning at least one device
- Apple has been a dominant player in the smart home sector through its HomeKit ecosystem
- SPYR Inc., through subsidiary Applied Magix Inc., is seeking to capitalize on the rising demand for these Apple-compatible smart home and connected car devices
- The annual value of the smart home sector is projected to grow to $187 billion by 2025, representing a 5-year CAGR of 15.75%
Smart home products have become more popular than ever before.
Sales data has revealed that more time spent at home during the COVID-19 pandemic has led to an increased demand for…
NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR
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