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Valued at approximately USD 30.4 billion in 2025, the market is expected to reach USD 60.5 billion by 2033, reflecting a strong compound annual growth rate (CAGR) of 9.1% over the forecast period.
Industry estimates suggest that the European smart home market is expected to grow at a compound annual growth rate (CAGR) of around 15–18% from 2024 to 2030, reaching a substantial multi-billion-dollar valuation.
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