Global Smart Home Appliances Market Development and Demand Forecast Report 2030
The global smart home appliances market was valued at $34.8 billion in 2021, which is projected to touch $139.0 billion by 2030, rising at a CAGR of 16.6% from 2021 to 2030, according to P&S Intelligence. People in advanced and emerging economies are increasingly urbanizing, and their disposable income is also rising, thus resulting in a strong demand for smart home equipment. In 2021, about 80 million homes in the U.S. planned to acquire a new variety of smart devices, due to the increase in the customer interest in technologically sophisticated devices.
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