Global Smart Appliances Market Growing at a CAGR of 23.48% During 2016-2020
The global household appliances market is experiencing steady growth with the growing middle-class economy, improved disposable income levels in a number of countries, increase in labor costs, busier lifestyles, and the availability of a range of home appliances at competitive prices. With increasing digitalization, consumers have become tech-savvy and have strong knowledge regarding the use and benefits of all modern appliances. Also, the influence of social media on the Gen Y and the millennial population is further encouraging them to...
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