The smart wi-fi power strip market is estimated to grow at a decent CAGR of 19% during the forecast period to reach a value of US$ 4.2 Billion in 2027. Increasing demand for electronic appliance protection is the major factor, which is expected to drive the market growth during the forecast period. Furthermore, an increase in disposable income and demand for technologically advanced electrical equipment are expected to bolster the demand for smart wi-fi power strips during the forecast period.

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