openPR Logo
Press release

Connected Home Appliances Market Growth, Trends, Absolute Opportunity and Value Chain 2016-2026

01-20-2017 10:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Connected Home Appliances Market Growth, Trends, Absolute

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. 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.

Request Free Report Sample@

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. 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.

Request For TOC@

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.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Connected Home Appliances Market Growth, Trends, Absolute Opportunity and Value Chain 2016-2026 here

News-ID: 417888 • Views: 277

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Connected

Connected TV Advertising Trends in 2019
Consumer behavior becomes the ultimate driver behind the evolution of the TV ecosystem. Following consumers’ habits, TV advertising shifts away from traditional TV, desktop, and mobile. New home for TV ad is CTV – connected video devices, like smart TVs, boxes, sticks, and devices streaming content via broadband. Last year CTV disrupted the way video advertising is served. How exactly will it influence this market? CTV can help make the ads
Connected Logistics Market - Competitive Trends Developments 2025
Global Connected Logistics Market: Snapshot According to the analysts of this fresh business intelligence study, the global connected logistics market is primed for a prosperous future, primarily due to the lack of proper temperature management at most of the storage facilities. Temperature-sensitive products, particularly from the food and beverage sector, require assurance regarding the protection of their products from getting spoiled or wasted. To overcome these issues, connected logistics has emerged
RTI Connected Healthcare Security Demo
SUNNYVALE (USA)/London, March 2018 – At Embedded World, Real-Time Innovations (RTI) announced a live demo of Connext DDS Secure to highlight the increasing need for security throughout an IIoT system. The demo features Connext DDS in a Healthcare application, specifically a secured integrated clinical environment (ICE). This security architecture can easily extend to other markets, such as autonomous vehicles, smart grid/energy, and aerospace and defense. The Connext DDS Secure demo showcases
The Connected Customer: Utilities
Connecting the dots between technology, digital strategy and your customer T.A. Cook Conferences are delighted to announce The Connected Customer: Utilities conference, taking place on 16-17 November 2017 in Amsterdam, Netherlands. This event will address the transformational role digital innovation plays as utilities look to ‘connect the dots’ between technology, digital strategy and the customer. Attendees will have the opportunity to address the current challenges faced by utilities through industry
Connected Cities
Globalisation of very high capacity networks The aim of this study is to obtain a detailed snapshot of superfast connectivity with a download rate superior or equal to 100 Mbps in big cities around the world and to draw out the top 10 selection. This comparison between cities is based on qualitative criteria such as quality of service, affordability compared to local standard of living and on quantitative criteria such as coverage
Connected Home Devices Deep Dive
ReportsWorldwide has announced the addition of a new report title Connected Home Devices Deep Dive to its growing collection of premium market research reports. Connected Home Devices Deep Dive breaks down Parks Associates' latest data on consumer preferences for interoperability among 13 popular smart home devices. First, the report provides a brief overview of current smart home adoption and purchaser demographics. Next, the report analyzes new data on exterior-monitoring cameras and consumer preferences