Smart Plug Market Segment and Key Trends 2017 - 2025
Smart plugs, having myriad uses, can form versatile building blocks of smart homes. Controlled remotely by a mobile app or a home automation smart hub, a smart plug allows users to turn on and off any appliance that plugs into a standard wall socket. Some plugs can even be programmed so that they can automatically turn on or off on particular times or depending upon certain events.
A smart plug plugs right into an ordinary outlet and has its own outlet too. Hence, it is like an outlet extension. Given the rising popularity of smart homes, the global market for smart plug is slated to see skyrocketing growth in the years to come.
Global Smart Plug Market: Key Trends
A number of factors are slated to have positive impact on the demand for smart plugs in the foreseeable future. Among them, the rising demand for energy-efficient household appliances, will likely have maximum effect in propelling demand. Besides, smart plugs are also cheaper than built-in smart appliances. This is also pushing up their swift adoption.
Request a Brochure of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=2378
In order to facilitate higher sales of their products, manufacturers and distributers are promoting smart plugs through different exhibitions, digital marketing campaigns, and other initiatives. This is also stoking growth in the market along with continued product development which will result in a plethora of smart plugs with cutting-edge software and technology being launched in the market in the near future.
Global Smart Plug Market: Market Potential
The global market for smart homes, progressing by gigantic strides, is slated to create tremendous opportunity in the smart plugs market too. Already, the market is inundated with innovative products such as Wi-fi smart plugs. Further, smart plug works with both Amazon’s Alexa and Google’s Assistant. That means you can use the Smart Plug to convert an item in your home into a voice-controlled appliance.
The main end-use segment in the smart plug market is residential end users. They account for maximum sales as smart plugs cost them less than built-in smart appliances.
Request for TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=2378
Depending upon the stages in technology adoption, the global market for smart plug can be segmented into innovators, early adopters, and early majority. Of them, the early majority hold the dominant market share and will continue doing so in the years to come as well. This is because people in the early majority segment such as tech-savvy consumers and small businesses are passionate and knowledgeable about the product and hence invest in those.
Global Smart Plug Market: Regional Outlook
From a geographical standpoint, the Americas has been outpacing all other regions in terms of growth rate in the global market for smart plugs. Factors bringing about such progress in the sales has been the high acceptance of technologically advanced products among customers and the average disposable income of the population. Europe too is a crucial market on account of the same reasons.
Read Complete Report @ www.tmrresearch.com/smart-plug-market
Global Smart Plug Market: Competitive Analysis
Competition in the global market is both steep and diversified owing to the presence of numerous regional and international vendors across the globe. A large number of companies are heavily investing in research and developmental activities to develop innovative and high-quality products. Prominent names operating in the industry that have been profiled in the report are Belkin International, Etekcity, EDIMAX Technology, and Insteon
About TMR Research
TMR Research is a premier provider of customized market research and consulting ser-vices to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
Head - Internet Marketing
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 Smart Plug Market Segment and Key Trends 2017 - 2025 here
News-ID: 522146 • Views: 203
More Releases from TMR Research
Farm Animal Drug Market 2025 | Zydus Animal Health Ltd., Zoetis, Inc.
Global Farm Animal Drug Market: Snapshot Farm animal drugs are medicines mainly used for healthcare-based practices for diagnosis, cure, mitigation, treatment, or prevention of diseases that could affect livestock. These medicines need to be used as per strict requirement based on their essentiality to maintain well-being of farm animals. Simply said, farm animal drugs are a key factor supporting the growth of livestock industry all over the globe. Get Sample Copy of
Survey On Innovation: Immune Thrombocytopenia Drugs Market 2028 | Rigel Pharmace …
Immune Thrombocytopenia Drugs Market: Overview The autoimmune disorder of immune thrombocytopenia outcomes in an unusually low level of platelets. Asymptomatic bleeding disorders are immune thrombocytopenia. Only after platelet counts are exceptionally low appear symptoms. These are petechias, skin contusions, bleeding from the rubber gum, among others. While most of the ITP aren’t fatal cases, roughly 3 per cent die from complication like intracranial hemorrhages and infection in chronic refractory ITP patients.
Neglected Tropical Disease Treatment Market Landscape Assessment By Type, Opport …
Global Neglected Tropical Disease Treatment Market: Introduction Relevant issues like sanitation, neatness, and cleanliness still stress a few pieces of the world even today. This outcomes in spike of contaminations and diseases that usually get neglected. They are named as neglected tropical diseases. World Health Organization states that these malady influence almost 1 billion individuals over the globe. This clarifies the upcoming potential for organizations in the global neglected tropical
Business Overview: Uveitis Drugs Market 2028 | Allergan India Private Limited, T …
Global Uveitis Drugs Market: Overview A limited choice of commercial drugs composed of corticosteroid treatments, immunosuppresives and biologics is characteristic of the global uveitis drugs market. Uveitis (Uveitis) is a median eye inflammation (Uvea) known as the uvea tract. The uvea is made up of iris, ciliary and choroids. Certain prevalent causes of uveitis are autoimmune diseases, infection, injury, inflammatory diseases and surgeries. Uveitis-related common symptoms include eye pain, floating
More Releases for Smart
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency
By 2050, the world's population is expected to reach nine billion, with over two thirds of people living in cities. On Tuesday, December 9, ICT and sustainability experts will convene at the German Center for Research and Innovation (GCRI) in New York to discuss future solutions for urban systems. NEW YORK (December 3, 2014) – Urbanization, globalization, demographic and climate change are continually placing higher demands on our cities. How will
‘Smart Cities’ – Exhibition and Conference for South - East Europe Date: 11 – 13 March 2015 Frequency: Annual Organizer: Via Expo Venue: Sofia, Inter Expo Center The focus of ‘Smart Cities’ Exhibition and Conference will be on intelligent transport, building management and automation, ICT technology implementation in the overall urban activity. Today, 80 % of the Europeans live in cities. They occupy only about 2% of the land area, but they consume 75% of