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Blockchain in Smart Home Market Size to Reach USD 8285 Million by 2031 | Straits Research
7 months ago
5
Technology
Blockchain in Smart Home
Smart Home Market
Blockchain Technology
Home Automation
Home Security
Smart Home Trends
Blockchain Market Growth
IoT
Decentralized Applications
Straits Research
The global Blockchain in Smart Home Market was valued at USD 369 million in 2022. It is projected to grow from USD XX million in 2023 to USD 8285 million by 2031, at a compound annual growth rate (CAGR) of 41.3% during the forecast period (2023–2031). This significant growth is driven by the increasing adoption of blockchain technology in smart home applications to enhance security, automation, and overall home management efficiency.
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