Smart Kitchen Appliances Called Pandemic-Resilient, $6.2B Growth Seen

The smart kitchen appliance market is “unscathed” by the COVID-19 pandemic, reported Technavio, forecasting $6.2 billion growth from 2020-2024. Increased adoption of modular kitchens is a trend in the market. A key driver for smart appliances is demand for innovative technology, it said Tuesday. North America is expected to have a one-third market share.