Smart Plug Market To Reach USD 99.84 Billion By 2030 Grow…

(MENAFN- GlobeNewsWire – Nasdaq)

Newark, Aug. 29, 2022 (GLOBE NEWSWIRE) — As per the report published by The Brainy Insights, the global smart plug market is expected to grow from USD 5.29 billion in 2021 to USD 99.84 billion by 2030, at a CAGR of 38.60% during the forecast period 2022-2030.

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The global smart plug market is expected to witness expansion due to the transforming consumer preferences. Consumers’ rising need for improved energy savings, IoT frameworks, and suitable lifestyles will expand the market’s development. The constant technical invention distinguishes the market to keep pace with the customers’ varying requirements. Technologies such as the Internet of Things (IoT), 5G, intelligent devices, Wi-Fi, and Bluetooth are some of the recent…



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