In 2022, the smart solar market boasted a valuation of USD 9.7 Billion. Projections suggest that by 2032, it will surge to USD 22.3 Billion, exhibiting a compound annual growth rate (CAGR) of 8.8%.

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The driving force behind this growth is the escalating adoption of clean energy solutions to meet power demands. The Paris International Treaty for Climate Change, backed by 195 nations, mandates significant reductions in emissions to cap global temperature increases at 1.5°C above pre-industrial levels.

Smart Solar Market Size, Share & Industry Forecast 2032
datahorizzonresearch.com

Smart Solar Market Size, Share & Industry Forecast 2032

The smart solar market size is valued at USD 9.7 Billion in 2022 and is anticipated to reach USD 22.3 Billion by 2032 at a CAGR of 8.8%.
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