Smart Home Appliances Market Is Expected To Reach $ 58.51 Billion By 2030
San Francisco, 3 July 2023: The Report Smart Home Appliances Market Size, Share & Trend Analysis Report By Product (Smart Washing Machines, Smart Air Purifiers, Smart TV, Others), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030 The global smart home appliances market size is expected to reach USD 58.51 billion by 2030 and will expand further at a CAGR of 9.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth is largely driven by factors such as growing penetration of smart homes, both in developing and developed regions, rapid developments and advancements in the IT infrastructure, shifting demographic preferences, and the need to safeguard the global environment from polluting effluents, such as greenhouse gases and toxic wastes. Brands are offering a wide range of products keeping in mind the millennial and Gen-Z generations, resulting in a plethora of opportunities in the sma...