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The global commercial greenhouse market size reached USD 38.2 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 84.1 billion by 2033, exhibiting a growth rate (CAGR) of 8.21% during 2025-2033.
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For instance, one estimate anticipates the global geofencing market expanding from about USD 2.65 billion in 2024 to USD 12.23 billion by 2032 (CAGR ~21 %) Fortune Business Insights, while another forecasts a 25 % CAGR between 2025 and 2034 (to reach ~USD 25.48 billion) Zion Market Research.
