India's Smart Home Market Set to Quadruple to $24 Billion by 2031

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India's smart home market is experiencing significant growth, driven by rising demand for practical, utility-focused devices rather than luxury gadgets. Industry estimates value the market at approximately $6.7 billion in 2026, with projections indicating it could surpass $24 billion by 2031. This rapid expansion reflects a broader shift in consumer behaviour, as more Indian households adopt smart technology for everyday convenience and efficiency. The growth trajectory suggests India is emerging as one of the major smart home markets globally within this decade.

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