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According to our latest research, the global smart thermostat market size reached USD 4.7 billion in 2024, driven by a surge in demand for energy-efficient home automation solutions and increasing adoption of IoT devices. The market is poised for robust expansion, projected to achieve a CAGR of 18.2% from 2025 to 2033. By the end of 2033, the smart thermostat market is forecasted to reach approximately USD 19.1 billion, reflecting a significant transformation in how consumers and businesses manage indoor climate and energy consumption.
https://growthmarketreports.co....m/report/smart-therm