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Mar 19, 2025 - 02:46 AM
As of the latest data, the global smart home devices market size was valued at approximately $79 billion in 2020 and is projected to grow significantly, reaching around $313 billion by 2026. This growth is driven by increasing consumer demand for smart technologies, advancements in IoT, and the rising need for energy-efficient and secure home environments. The market's expansion is also fueled by innovations in AI and machine learning, enhancing the functionality and appeal of smart home products.
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