Global Smart Thermostat Market Shows Rapid Growth, Estimated to Hit USD 19.92 Billion by 2033
Thursday, 21 March 2024, 19:00
Global Smart Thermostat Market Overview
The global smart thermostat market has witnessed significant growth over the years, with a steep rise projected in the coming decade. The market size, currently valued at USD 3.2 billion in 2023, is expected to surge to USD 19.92 billion by 2033.
Key Companies Leading the Market
- Carrier Corporation
- Nest Labs, Inc.
- Honeywell International Inc.
These companies, along with others, are at the forefront of innovating smart thermostat technology to meet the growing demand.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.