Research Reports

ICT & Electronics

icon
Home » Reports » Connected Home Appliances Market
Market Research Report

Connected Home Appliance Market By Type (Security Appliances, Kitchen Appliances, Laundry Appliances, Water Treatment Appliances, Others); By Technology (Wi-Fi, Near Field Communication (NFC), Bluetooth) - Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : 12:53 AM, 20th April, 2018 REP-ID-811 Category: ICT & Electronics

Connected Home Appliance Market Overview

Connected home appliance refers to the next generation appliances which are equipped with advanced features for receiving, processing and transmitting information through different sources such as smartphones, tablets and laptops. Further, the main features of connected home appliances are security and comfort, in addition connected home appliances provides home with smart devices and automated technology.

Market Size and Forecast

The global connected home appliance market is expected to expand at a robust CAGR over the forecast period i.e. 2017-2014. Factor such as, increasing demand of internet structure availability and increase in smartphone penetration rate are anticipated to increase the growth of global connected home appliance market over the forecast period.

In the regional market, North America is projected to dominate the overall connected home appliance market during the forecast period. Factor such as, increasing purchasing power and changing lifestyle of people is expected to positively impact the growth of connected home appliance market over the forecast period. Moreover, advancement in technology is anticipated significantly for the growth of connected home appliance market in North America.

connected home Appliance market

Asia Pacific connected home appliance market is poised to grow at a poised rate over the upcoming years. Moreover, increasing number of smart phone in the region is fostering the growth of global connected home appliance market over the forecast period. Europe region is expected to observe outstanding growth in the upcoming years. Increase in the security concerns is anticipated to drive the growth of global connected home appliance market over the upcoming years.

Based on type, connected home appliance market is segmented into, security appliances, kitchen appliances, laundry appliances, water treatment appliances and others, out of which, kitchen appliances is accounted for the largest market share in overall global connected home appliance market over the forecast period.

Market Segmentation

Our in-depth analysis has segmented global connected home appliances market into the following segments:

By Type

  • Security Appliances
  • Kitchen Appliances
  • Laundry Appliances
  • Water Treatment Appliances
  • Others

By Technology

  • Wi-Fi
  • Near Field Communication (NFC)
  • Bluetooth

By Region

Global connected home appliances market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Russia, Poland, Turkey, BENELUX & Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia, New Zealand, Malaysia & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, Israel, North Africa and South Africa) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and Challenges

Factor such as, rising demand for adoption of various connected home appliances across the globe is anticipated to intensify the growth of global connected home appliance market over the forecast period. Further, high availability of home broadband connectivity is expected to positively drive the growth of the global connected home appliance market over the upcoming years.

In addition, increasing adoption of various cloud based technologies enhanced with home appliances is anticipated to be the dynamic factor behind the growth of the global connected home appliance market over the forecast period.

According to IHS technology, over 1 million units of smart gadgets were used in 2014, which is expected to increase upto 470 million units in 2020.This factor is likely to further strengthen the growth of global connected home appliance market over the forecast period. Moreover, increasing number of smartphone user across the globe is expected to robust the growth of the global connected home appliance market over the forecast period.

However, high cost of equipment and lack of awareness of consumers are some of the key factors which are expected to limit the growth of global connected home appliance market over the forecast period.

Key Players

  • IBM Corporation
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Honeywell International Inc.
  • Whirlpool Corporation
  • Comcast Corporation
  • Robert Bosch GmbH
  • ARRIS Group Inc.
  • Samsung Group
  • General Electric
  • Cisco Systems
  • Panasonic Corporation

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global connected home appliances market is segmented as follows:

  • By Type Market Size & Y-O-Y Growth Analysis
  • By Technology Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

key Answers

SELECT LICENSE TYPE

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Connect With Us

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495
Email: info@researchnester.com

RELATED REPORTS

Ask The Analyst

Delivery Center

Ansal Corporate Park, Plot no 7A/1,
Tower A1,
Sector 142 Noida., 201301 India
info@researchnester.com

US Office

77 Water Street 8th Floor,
New York, New York, 10005
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com

UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Copyright © 2018 Research Nester. All rights reserved

Top