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smart home devices market trends reach $707.2 billion by 2032, exhibiting a CAGR of 21.5%   | ##smarthomedevice

smart home devices market trends reach $707.2 billion by 2032, exhibiting a CAGR of 21.5%  

smart home devices market trends reach $707.2 billion by 2032, exhibiting a CAGR of 21.5%  

Rising demand for convenience and rise in awareness of energy conservation are driving the market growth. In addition, enhancements in communication technology primarily drive the growth of the market. However, high initial costs primarily are expected to hamper the growth of the market. F