Smart Home Appliances Market to Generate Revenue Worth $116.70 billion in the Near Future.
The global smart home appliances market, valued at USD 46.80 billion in 2023, is anticipated to grow to USD 116.70 billion by 2031, with a compound annual growth rate (CAGR) of 14.20% from 2024 to 2031.
The growth of smart home appliances is fueled by several factors. Convenience and automation are key drivers, offering users remote control and monitoring capabilities. Energy efficiency...
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