Press release
Global Smart Appliances Market : Advancements, Technology development & Forecast 2020-2027
Global Smart Appliances MarketThe smart appliances are referred as the sophisticated version of conventional appliances which are operated through connected devices such as computer, or smartphone to provide more information and control. These appliances are developed and operated in such a way that it sends alerts and notifications the users to switch off, or switch on depending on their requirements. For example, the end user receives notification when the laundry is done, as well as the microwave oven notifies then food is ready to be served.
The rise in adoption of machine learning, and artificial intelligence enabled devices are expected to boost the growth of global smart appliances market growth. Furthermore, the rise in demand for smart appliances in residential, and commercial industries across the world is one of the key driving factors propelling the market growth during this forecast period. The market is anticipated to grow at a significant rate due to features such as intelligence sensors, connected security, convenience, and time saving. Shifting consumer trend toward advanced technology led products is fuelling the need for energy saving appliances will support the global smart appliances market growth. Moreover, availability of wireless solutions is expected to drive the global smart appliances market growth.
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High initial investment followed by a significant maintenance cost is the major restrain expected to hamper the global smart appliances market growth. Also, lack of awareness about smart appliances will limit the market growth during this forecast timeline.
Market Key Players
Some key operating players are profiled in this report such as Electrolux AB, General Electric Co, Koninklijke Philips N.V, LG Electronics, Inc., BSH Hausgerate GmbH, Panasonic Corp, Miele & Cie, Samsung Electronics Co. Ltd, Qingdao Haier Co. Ltd, and Whirlpool Corp
Market Taxonomy
By Product
• Home Appliances
• Kitchen Appliances
By Services
• Professional Services
• Managed Services
By Technology
• Wi-Fi
• ZigBee
• RFID
• Bluetooth
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Smart Appliances Market TOC
1 Introduction
2 Research Methodology
3 Executive Summary
4 Global Smart Appliances Market Outlook
5 Global Smart Appliances Market, By Product
6 Global Smart Appliances Market, By Services
7 Global Smart Appliances Market, By Technology
8Global Smart Appliances Market, By Region
9 North America Smart Appliances Market Analysis and Forecast (2020-2027)
10EuropeSmart Appliances Market Analysis and Forecast (2020-2027)
11Asia Pacific Smart Appliances Market Analysis and Forecast (2020-2027)
12Latin America Smart Appliances Market Analysis and Forecast (2020-2027)
13Middle East Smart Appliances Market Analysis and Forecast (2020-2027)
14Competitive Analysis
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Contact Person:
Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: sales@qualiketresearch.com
Website: https://qualiketresearch.com
About Us
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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