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Connected Home Appliances Market Poised for Steady Growth in the Future PowerPoint PPT Presentation


Connected home appliances are smart electronic appliances having internet connectivity, which can be accessible from any remote location using mobile devices such as smart phones, tablets and laptops. In short, any electronic home appliance if provided with internet connectivity would become connected home appliance.

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Connected Home Appliances Market Poised for Steady Growth in...

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Connected home appliances market poised for steady growth in the future

Global Connected

Home Appliances

Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

2016 – 2026

www.futuremarketinsights.com

Future Market Insights

[email protected]


Connected home appliances market poised for steady growth in the future

Report Description

Report Description

Connected home appliances are smart electronic appliances having internet connectivity, which

can be accessible from any remote location using mobile devices such as smart phones, tablets

and laptops. In short, any electronic home appliance if provided with internet connectivity

would become connected home appliance. Smart home appliances enable users to monitor and

control household activities from remote location. Growth of connected home appliances

depends upon various factors such as internet infrastructure availability and smart phone

penetration rate of the targeted region. If internet infrastructure of any country is robust and

efficient, there would be more demand for connected home appliances. Being the more energy

efficient solution compared to their traditional counterparts, connected home appliances are

being adopted with substantial high adoption rate across the globe.

Connected Home Appliances Market: Drivers and Restraints

Personal and family security is the primary factor driving the adoption of connected home

appliances by consumers across the globe. Over the last decade, adoption of connected home

appliances grown quickly with the evolution of consumers who are more technology enthusiast.

Also, with increasing adoption of smart phones, consumers are becoming more familiar with

touch controls and world of apps which, in turn driving their attraction towards adoption of

smart appliances. As connected home appliances generate more profit for the appliance makers

as compared to traditional ones, manufacturers are diverting their focus from simple appliance

manufacturing business to this business (connected appliance manufacturing), in order to

increase their profitability margin.


Connected home appliances market poised for steady growth in the future

Report Description

Report Description

On the other hand, in various under developed or some of developing regions, lack of internet

infrastructure and affordability issue are the factors hindering the growth of global connected

home appliances market.

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1800

Connected Home Appliances Market: Segmentation

Segmentation of global connected home appliances market is done on the basis of appliance

type, technology and region. On the basis of appliance type, global connected home appliances

market is segmented into laundry appliances, security appliances (smart alarms and smart lock

systems), water treatment appliances, kitchen appliances and others. These segments can

further be sub-segmented into their respective sub-segments. As laundry appliances segment is

sub-segmented into smart washers, smart dryers and other connected laundry units. Kitchen

appliances segment is sub-segmented into smart refrigeration, smart cooking appliances

(ranges, wall ovens, range hoods and vents) and cleaning appliances (dishwashers, disposers,

trash compactors etc.). Water treatment appliance is sub-segmented into replacement smart

filters, smart water heaters, smart water softeners and water filtration systems. Others

appliances type includes smart LED lighting, smart air purifiers & filters, smart compactors etc.


Connected home appliances market poised for steady growth in the future

Report Description

Report Description

Among all the aforementioned appliances type segment, kitchen appliance type is estimated to

dominant the global connected appliance market and by the end of forecast period others

appliance type segment is expected to gain substantial market share in global market. On the

basis of technology, global connected home appliances market is segmented into Wi-Fi, NFC and

Bluetooth. Among all these technology segments, Wi-Fi technology is the popular one and

expected to remain dominant technology segment throughout the forecast period.

Geographically, global connected home appliances market is segmented into seven regions

which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific

Excluding Japan (APEJ), and Middle East and Africa (MEA). Among all the regions Asia Pacific is

the highest contributor in term of revenue in global connected home appliances market

followed Europe and North America. In Asia Pacific, china is projected to be the leading market

of connected home appliances in near future.

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Connected Home Appliances Market: Market Players

The key players of global connected home appliances market include AT&T Inc., Honeywell

International, Inc., ARRIS Group Inc., Comcast Corporation, Robert Bosch GmbH, Samsung

Group, Whirlpool Corporation, General Electric and others.


Connected home appliances market poised for steady growth in the future

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Connected home appliances market poised for steady growth in the future

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