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By

shahril
According to A.T. Kearney, the global smart home market is expected to grow to more than USD50 billion in 2020 and approximately USD400 billion in 2030, representing more than 40 per cent of the total home appliance market. A January 2019 report by ResearchAndMarkets.com also predicts significant growth in the overall smart home market, expecting a compound annual growth rate (CAGR) of 12.02% from USD76.6 billion in 2018 to USD151.4 billion by 2024.
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