Product ID: SQMIG45I2100
Report ID:
SQMIG45I2100 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
67 |
Figures:
77
During the predicted period, the Asia Pacific region's CAGR will be the fastest, at 32.21%. Improvements in living conditions and an increase in disposable income among local residents are credited with driving regional growth. Market expansion in the area is anticipated to be fueled by the widespread use of cellphones, the internet, and other technologically advanced tools. The use of AI-based digital assistants for everyday chores, like Siri and Alexa, has also become increasingly popular, which has a big impact on market expansion.
From 2023 to 2030, Europe is anticipated to see consistent CAGR growth. In 2022, the area saw a significant market share. The presence of important players in the region is responsible for the region's growth. The development of smart home technologies and devices, which is anticipated to drive the regional market, is also supported by the region's high Gross Domestic Product (GDP), higher standard of living, and population that is technologically savvy.
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Product ID: SQMIG45I2100