Global Smart Home Appliances Market 2020-2024

Global Smart Home Appliances Market 2020-2024

  • January 2020 •
  • 120 pages •
  • Report ID: 5351779 •
  • Format: PDF
Global Smart Home Appliances Market 2020-2024
The analyst has been monitoring the global smart home appliances market and it is poised to grow by USD 31.66 bn during 2020-2024, progressing at a CAGR of 16% during the forecast period. Our reports on smart home appliances market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing adoption of wireless connecting devices and IoT. In addition, growing smartphone penetration and increasing internet speed is anticipated to boost the growth of the smart home appliances market as well.

Market Segmentation
The global smart home appliances market is segmented as below:
Product
•Smart washing machines and dryers
•Smart air conditioners
•Smart refrigerators
•Smart microwave ovens
•Smart dishwashers

Distribution channel
•Offline
•Online

Geographic segmentation
•North America
•APAC
•Europe
•South America
•MEA

Key Trends for smart home appliances market growth
This study identifies growing smartphone penetration and increasing internet speed as the prime reasons driving the smart home appliances market growth during the next few years.
Prominent vendors in smart home appliances market
We provide a detailed analysis of around 25 vendors operating in the smart home appliances market, including some of the vendors such as AB Electrolux, General Electric Co., Koninklijke Philips NV, LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp. and Whirlpool Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.