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Smart Plug Market Size To Reach $20.84 Billion By 2028, To Be Driven By Rising Popularity Of Smart Homes & Technological Innovation In Home Automation - Vimarsana News

Smart Plug Market Size To Reach $20.84 Billion By 2028, To Be Driven By Rising Popularity Of Smart Homes & Technological Innovation In Home Automation

Share this article Share this article FELTON, Calif., April 21, 2021 /PRNewswire/ -- The global smart plug market size is expected to reach USD 20.84 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 36.2% from 2021 to 2028. What are Key Factors Driving the Smart Plug Market? The rising popularity of smart homes, technological innovation in home automation, and consumers' inclination toward a digitally comfortable lifestyle are expected to drive the market. Smart plug is gaining popularity as it offers several benefits such as monitoring and...