A new update to the Matter standard, version 1.4, brings more device types as well as better support for thermostats like Nest Thermostat.
According to FMI, the smart thermostat industry might grow from $4.18 billion in 2023 to $35.70 billion by 2033. The market is predicted to grow fast from 2023 to 2033, with a CAGR of 23.9%.
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