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million by 2028, with a forecasted Compound Annual Growth Rate (CAGR) of 18.51% in the coming years, as reported by Industry Research Biz. It comprises numerous organizations from various sectors, including software, hardware, nonprofit, public, and academic. It continues to solidify its position and is anticipated to reach USD 5575.67
billion in 2028 at a CAGR of 12.3% Otherwise, you may not be able to locate enough appropriate hardware and end up having to often switch between different programs. The global home automation market is projected to grow from $72.30 billion in 2021 to $163.24 in forecast period.
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