Intelligent Electronic Devices Market Overview
The Intelligent Electronic Devices (IED) market has been witnessing substantial growth, with its valuation reaching USD 9.704 billion in 2023. Projections indicate that the industry is set to expand further, growing from USD 10.581 billion in 2024 to an impressive USD 19.393 billion by 2032. This growth represents a robust compound annual growth rate (CAGR) of 7.87% over the forecast period from 2024 to 2032.
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