Commercial - Smart Kitchen Appliances Market Statistics
The global commercial smart kitchen appliances market size was valued at US$ 6,540.4 million in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 17.8% from 2022 to 2030.
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Commercial - Smart kitchen appliances market highlights
- The global commercial segment generated a revenue of USD 6,540.4 million in 2022 and is expected to reach USD 24,184.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 17.7% by 2030.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Market summary
| Market revenue in 2022 | USD 6,540.4 million |
| Market revenue in 2030 | USD 24,184.5 million |
| Growth rate | 17.7% (CAGR from 2023 to 2030) |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
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Smart Kitchen Appliances Market Scope
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