Internet of Things (IoT) in Household Appliances to Boost the Market
The global small household appliances market is forecasted to reach US$159.49 billion in 2024, growing from US$115.30 billion in 2020. The market is predicted to grow at a CAGR of 8.45% during the period spanning 2020-2024. The growth in the global small household appliances market was driven by various factors like increasing global population, surging GDP per capita, rising internet penetrati ..