Leading Smart Refrigerators Country Markets Databank
The Smart Refrigerators market was valued at $325.5 Million in 2020, and is projected to reach $521.1 Million by 2029 growing at a CAGR of 5.41% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $127.9 Million in 2020, and is anticipated to reach $217.6 Million by 2029, registering a CAGR of 6.12%. Asia-Pacific and Europe collectively expected to account for about 71.0% share of the Smart Refrigerators market in 2020, with the former constituting around 39.3% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 6.12% and 5.28% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 71.0% in the overall Smart Refrigerators market in 2020, and is anticipated to reach 73.1% by 2029.
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