The global consumer Internet of Things (IoT) market has been gaining remarkable momentum, and according to the latest analysis, it was valued at USD 135.67 billion in 2024. The market is projected to expand to USD 151.45 billion in 2025 and further accelerate to an impressive USD 361.65 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.24% during the forecast period.
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