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Smart Kitchen Appliances market by Product (Refrigerators, Dishwashers, Ovens, Cookware & Cooktops, Scales & Thermometers, Others), by Technology (Bluetooth, Wi-Fi, NFC), by End User (Residential, Commercial), and Geography - Forecast to 2025

12-10-2020 10:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

Smart Kitchen Appliances market by Product (Refrigerators,

The Smart Kitchen Appliances Market was valued at US$ 2725.5 million in 2019 and is projected to reach US$ 13364.5 million by 2025, at a CAGR of 25.5 % during the forecast period. In this study, 2019 has been considered as the base and 2020 to 2025 as the forecast period to estimate the market size for Smart Kitchen Appliances Market.
Internet of Things is a growing network of everyday objects, connecting industrial machines to consumer home appliances that can share information and complete tasks, while people are engaged in other routine activities. Embedding a small amount of processing power into appliances has created significant lifestyle benefits. However, lack of awareness about the advantages and high maintenance cost of the smart kitchen appliances are some of the major factors which are likely to hinder the growth of the smart kitchen appliances market.
North America Holds the major share in the global smart kitchen appliances market and is projected to continue to dominate throughout the forecast period. This is owing to increasing number of smart grid power projects, changing lifestyle, and increasing per capita income. The U.S. and Canada are the major countries which drives the smart kitchen appliances market in North America region. Asia Pacific is projected to exhibit highest CAGR during the forecast period. India, China, Japan, and South Korea are some of the major countries that drive the market in Asia Pacific region.
Report Link
For more details on “Smart Kitchen Appliances” Market Report:
https://i2iresearch.com/report/global-smart-kitchen-appliances-market-2020-market-size-share-growth-trends-forecast-2025/

What this report Offers
This report covers an in-depth analysis of the Smart Kitchen Appliances market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Smart Kitchen Appliances market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.
To avail a copy of the sample of the Smart Kitchen Appliances Market Report:

https://i2iresearch.com/report/global-smart-kitchen-appliances-market-2020-market-size-share-growth-trends-forecast-2025/

Key Segmentations in this report
Global Smart Kitchen Appliances Market, by Product;
• Grill Microwave Oven
• Convection Microwave Oven
• Microwave/Light-wave Oven
• Others
Global Smart Kitchen Appliances Market, by Technology;
• Bluetooth
• Wi-Fi
• NFC
Global Smart Kitchen Appliances Market, by End User;
• Residential
• Commercial

For a detailed table of content of the Smart Kitchen Appliances Market Report:
https://i2iresearch.com/report/global-smart-kitchen-appliances-market-2020-market-size-share-growth-trends-forecast-2025/

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A fact-based research and consulting firm, i2iResearch helps companies in realising their strategic goals by empowering them to make decisions driven by accurate information, intelligence, and insights.
We specialize in providing deep market insights that help our clients in getting an in-depth understanding of how different factors impact their business and the industry that they are in or planning to get into. As a result, we are able to help you always stay ahead of the curve and achieve a sustained revenue growth with healthy bottomline.
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