LG Electronics Opens Regional Smart Home Hub in Riyadh
LG Electronics has launched its first Middle East AI home showroom in Riyadh, offering a building-scale infrastructure solution with Schneider Electric and Assa Abloy. The move targets the region's booming smart home market, which is forecast to reach $8.7 billion by 2030, with further expansion planned for Jeddah and Dammam.
According to GN technics/smarthome (en-US), the new setup integrates with the 'Homi Pro' platform to support third-party IoT devices, and Grand View Horizon projects Saudi Arabia’s smart home sector will expand from $2 billion to $8.7 billion by 2030.
Source: chosun.comAccording to GN technics/smarthome (en-US), the Riyadh showcase features a turnkey building management system co-developed with Schneider Electric and Assa Abloy, and LG has confirmed plans to extend this B2B infrastructure to Jeddah and Dammam by year's end.
Source: The Korea TimesAccording to GN technics/smarthome (en-US), LG is leveraging the Riyadh hub to offer turnkey building solutions that integrate Schneider Electric and Assa Abloy systems, targeting a Saudi smart home market expected to surge from $2 billion in 2024 to $8.7 billion by 2030.
Source: Seoul Economic DailyLG Electronics has launched a dedicated B2B showroom in Saudi Arabia, aiming to capture the rapidly expanding market for integrated smart residential systems across the Middle East.
Source: digitaltoday.co.kr
