Market Research Report
Global Smart Plug Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||475080|
|Published||Content info||62 Pages
Delivery time: 1-2 business days
|Global Smart Plug Market 2017-2021|
|Published: February 14, 2017||Content info: 62 Pages||
Smart plugs transform ordinary appliances into smart appliances. They are cost-effective alternatives for smart appliances. The technology is expected to have a high penetration among millennials. The use of and dependence on devices that can be controlled remotely through a wireless connection is increasing globally, which is a key factor that is driving the smart plug market. The need for connectivity is increasing, especially because it allows consumers to control devices and perform tasks remotely. Smart appliances depend on wireless technologies like ZigBee, Wi-Fi, Z-Wave, Bluetooth, and NFC, as well as the Internet of Things (IoT) and OS like iOS, Android, Azure, and Tizen for consumer command and control.
Technavio's analysts forecast the global smart plugs market to grow at a CAGR of 37.87% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global smart plugs market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of smart plugs in the global market.
The market is divided into the following segments based on geography:
Technavio's report, Global Smart Plugs Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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