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Latin America Smart Home Market Valuation-2026-2032
Abstract:["The acceleration of urbanization and the increase in residents\u0027 disposable income are driving the improvement of interconnected home solutions that provide convenience, energy efficiency, and enhanced security. Government initiatives, including incentives, tax reductions, and the enactment of regulations, encourage users to adopt smart technologies to achieve sustainability, thereby improving the quality of life. The smart home market is continuously expanding, with a value exceeding 4.23 billion USD in 2024, and is expected to reach 12.89 billion USD by 2032."]
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Publication Date:2025-08-01
Online Publishing Date:2025-10-14(First online date of this platform, not the publication date of the document)
Pages:3( 8-10 )
Journal of Appliance Science & Technology

Journal of Appliance Science & Technology

ISSN:1672-0172
Year, Vol.(Issue):2025,4(4)