SINGAPORE, Oct 8 (Bernama-BUSINESS WIRE) — igloocompany, the Singapore-based smart access solutions provider, is pleased to announce the establishment of a United States team and office. Despite the looming effects of the pandemic, they aim to propel growth by three-fold, targeting a slice of the US$46 billion smart home market over the next few years.
igloocompany charges on into expansion mode with plans to deploy 1 million devices in the US across the next three years. With continuous innovation, they are poised to mark their entry with their first IoT Deadbolt. This product is part of the iglooworks access solution for real estate and property management verticals which is projected to grow to $339 billion in 2024 at a CAGR of 3.37%.
