Rising energy costs and the integration of advanced technologies like AI and IoT are driving the adoption of smart demand response systems globally. According to the SNS Insider, “The Smart Demand Response Market Size was valued at USD 28.80 Billion in 2023 and is expected to reach USD 123.66 Billion by 2032 and grow at a CAGR of 17.59% over the forecast period 2024-2032.” https://www.globenewswire.com/news-release/2025/01/15/3009988/0/en/Smart-Demand-Response-Market-to-Worth-USD-123-66-Billion-by-2032-Revolutionizing-Global-Energy-Optimization-Research-by-SNS-Insider.html