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The Smart Home market of Romania is estimated at approximately 20 million euro

December 14, 2021

The Smart Home market of Romania is worth, at present, almost 20 million euro, under 1% of the whole European market, which is 23 billion euro, show the data of one of the leaders on the market for distribution of IT&C products and accessories in Romania, according to the estimates made by one of the leaders on the market for distribution of IT&C products and accessories on the local market.Sales of Smart Home products in the portfolio of the company have increased by 46% in the first quarter of 2021 against the same period of last year, and the best sold product is the Tellur thermostat for which ABN Systems appreciate an increase of 200% every year.The statistics of some global analyses, the dimension of the market for smart homes was evaluated at 79.13 billion dollars, in 2020, and the expectations are for 313.95 billion dollars until 2026, with an annual rate of growth of 25.3% during the period under study (2021 – 2026). Similarly, the European market of Smart Home is expected to grow from 23.3 billion dollars in 2020, up to 39.6 billion dollars until 2025, with a growth rate of 11.3%.At the same time, over the next four years, over 400 million houses in the whole world (19% of the households) will have at least one type of smart system installed, show the studies on the international market.Set up in 2002, ABN Systems International, the owner of the brand Tellur, and one of the leaders on the market for distribution of IT&C products and accessories in Romania, offers integrated solutions for mobility, IT infrastructure and storage,  video surveillance systems, industrial equipment and automation. With a portfolio of over 30,000 IT&C products and accessories, ABN Systems is present on the market of 25 years, on three continents. ABN Systems International, the owner of the only 100% Romanian brand of telecom accessories and Smart Home products, Tellur and one of the leaders on the market for distribution of IT&C products and accessories will grow by 100% in 2022, as compared to 2021.

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