Bluetooth Smart Plugs Market Showing Impressive Growth During Forecast Period 2021 - 2030

Allied Market Research, titled, "Bluetooth Smart Plugs Market by Type, Price, and End Use: Global Opportunity Analysis and Industry Forecast, 2021-2030," The global Bluetooth smart plugs market size was valued at $0.69 billion in 2020, and is projected to reach at $5.38 billion by 2030, growing at a CAGR of 24.3% from 2021 to 2030.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/bluetooth-smart-plugs-market-A13714

Bluetooth smart plugs is a small adapter that can be plugged into a regular electrical wall outlet. Once connected, the Bluetooth smart plug can be controlled remotely through an application on a smartphone. Any device or appliance that is plugged into the Bluetooth smart plug adaptor can be turned on or off by using a smartphone. It makes it easy to automate and control small appliances and devices in a building.

Some of the prime drivers of the Bluetooth smart plugs industry are the growing deployment of home automation devices, the rise in demand for convenient user experience, and the high adoption of wireless technologies, which is opportunistic for market growth. Considering these factors, the Bluetooth smart plugs market is estimated to experience steep growth in the future. However, incompatibility with some intelligent devices acts as a major barrier to the Bluetooth smart plugs market growth. The contradictory, rise in urbanization in Asia-Pacific countries is expected to create lucrative opportunities for market growth during the forecast period.

𝐆𝐞𝐭 𝐚 𝐏𝐃𝐅 𝐛𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 @ https://www.alliedmarketresearch.com/request-sample/A13714

Region-wise, North America holds a significant share of the global Bluetooth smart plugs market. The U.S. holds the major market share, owing to the presence of leading market players and the higher rate of technology adoption in the region.

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

- In 2020, the three-hole plug segment accounted for maximum revenue and is projected to grow at a notable CAGR of 25.7% during the forecast period.
- The high segment accounted for more than 15.0% of the Bluetooth smart plugs market share in 2020.
- The residential segment of the Bluetooth smart plugs market analysis is projected to grow at a CAGR of 23.7% during the forecast period.
- North America contributed a major share in the Bluetooth smart plugs market, accounting for more than 40.0% share in 2020.

The key players profiled in the report include 𝐃-𝐋𝐢𝐧𝐤 𝐂𝐨𝐫𝐩., 𝐁𝐞𝐥𝐤𝐢𝐧 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐜., 𝐄𝐭𝐞𝐤𝐜𝐢𝐭𝐲 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐄𝐃𝐈𝐌𝐀𝐗 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐂𝐨. 𝐋𝐭𝐝., 𝐢𝐒𝐦𝐚𝐫𝐭 𝐀𝐥𝐚𝐫𝐦 𝐈𝐧𝐜., 𝐈𝐧𝐬𝐭𝐞𝐨𝐧, 𝐏𝐚𝐧𝐚𝐬𝐨𝐧𝐢𝐜 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐋𝐞𝐯𝐢𝐭𝐨𝐧 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐂𝐨. 𝐈𝐧𝐜., 𝐓𝐏-𝐋𝐢𝐧𝐤 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐂𝐨. 𝐋𝐭𝐝., 𝐚𝐧𝐝 𝐒𝐃𝐈 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐈𝐧𝐜. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the Bluetooth smart plugs market.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮𝐫 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A13714

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