The Worldwide Residential Energy Management Industry is Projected to Reach $4.1 Billion by 2025
Share this article Share this article ResearchAndMarkets.com's offering. The global residential energy management market is projected to reach USD 4.1 billion by 2025 from an estimated USD 2.2 billion in 2020, at a CAGR of 12.9% during the forecast period. The market's growth in is mainly driven by investments in smart grid and the upgrade of the existing power infrastructures focus on energy efficiency and the replacement of aging infrastructure. Moreover, upcoming smart city projects in developing economies provide opportunities for the residential energy management market in this region ...