Commercial - Smart Furniture Market, 2024 - 2030
The global commercial smart furniture market size was valued at US$ 107.6 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2030.
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Commercial - Smart furniture market highlights
- The global commercial segment generated a revenue of USD 73.2 million in 2020 and is expected to reach USD 174.1 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 11.8% by 2028.
- In terms of region, Europe was the largest revenue generating market in 2020.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2028.
Market summary
| Market revenue in 2020 | USD 73.2 million |
| Market revenue in 2028 | USD 174.1 million |
| Growth rate | 11.8% (CAGR from 2021 to 2028) |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
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Smart Furniture Market Scope
Smart furniture market segmentation & scope
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