In 2022, the smart solar market is valued at USD 9.7 Billion, and it is projected to reach USD 22.3 Billion by 2032, with a compound annual growth rate (CAGR) of 8.8%.
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The surge in the adoption of clean energy to meet power requirements stands as a significant catalyst propelling the market forward. The Paris International Treaty for Climate Change, endorsed by 195 nations, mandates substantial reductions in emissions to limit global temperature increases to 1.5°C above pre-industrial levels.
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