Smart Plug Market 2023 | Scope of Current and Future Industry 2030

Smart Plug Market Size was valued at USD 14.41 billion in 2022 and is expected to reach USD 256.33 billion by 2030, and grow at a CAGR of 43.3% over the forecast period 2023-2030.
The smart plug market is flourishing with innovation, offering a seamless blend of convenience and energy efficiency. These compact devices empower users to transform traditional appliances into intelligent, connected systems. By integrating with voice assistants or mobile apps, smart plugs enable remote control, scheduling, and energy monitoring. The market's growth is fueled by the rising demand for home automation, as users seek to optimize energy usage and simplify their daily routines.