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[Research Report] Smart Home Monitoring and Security Devices

[Research Report] Smart Home Monitoring and Security Devices

Worldwide Smart Home Monitoring and Security Device

This report provides the latest forecast for the global smart home monitoring and security devices market from 2022 to 2026. The global smart home monitoring and security market is expected to grow steadily over the next five years. The market is highly competitive, with numerous vendors striving to offer innovative devices and services at low prices, and the value proposition of safety and security continues to be a major attraction for consumers evaluating the benefits of smart homes.

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【English Market Research Report】Global Market for Smart Home Devices

【English Market Research Report】Global Market for Smart Home Devices

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The market size of smart home devices has been rapidly expanding in recent years. It is expected to grow from 108.85 billion USD in 2023 to 128.19 billion USD in 2024, with a compound annual growth rate (CAGR) of 17.8%. This expansion has been driven by factors such as consumer demand for convenience and automation, security and monitoring needs, energy efficiency, cost reduction, aging populations, and the necessity for accessibility, as well as integration with mobile devices.

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