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Source:
https://www.statzyreports.com/report/sr99302/global-entertainment-consumer-electronics-market
Category:
Business
The value of the Global Consumer IoT market in 2020 was 70.52 Billion USD. This value is projected to increase with a CAGR of 13.9% by 2030 and a value of 292.83 Billion USD. The Consumer IoT or IoT in consumer goods commonly refers to connected gadgets programmed in such a way that they interact with one another and exchange data and information and even perform tasks on command. Some important real-life applications of IoT in the Consumer Market are Home Security and Smart Dometic, Personal Healthcare, Smart Wearables, and Asset Tracking.
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