Global Smart Plug Market Report, is structured with comprehensive market analysis and industry expert’s recommendations. To calculate the market size, the report presents in-depth research of the market by key vendor landscape, way of study, synthesis, and summary of data from various sources.
“Analysts Forecast Global Smart Plug Market to Grow at 37.87% CAGR during the Period 2017-2021.”
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Smart plugs transform ordinary appliances into smart appliances. They are cost-effective alternatives for smart appliances. The technology is expected to have a high penetration among millennials. The use of and dependence on devices that can be controlled remotely through a wireless connection is increasing globally, which is a key factor that is driving the smart plug market. The need for connectivity is increasing, especially because it allows consumers to control devices and perform tasks remotely. Smart appliances depend on wireless technologies like ZigBee, Wi-Fi, Z-Wave, Bluetooth, and NFC, as well as the Internet of Things (IoT) and OS like iOS, Android, Azure, and Tizen for consumer command and control.
Leading Key Vendors of Smart Plug Market: Belkin International, Etekcity, EDIMAX Technology, Insteon and more
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Market driver: High demand for remote access to appliances
Market challenge: Security concerns associated with smart plugs and IoT
Market trend: Promotion of smart plugs through trade exhibitions
This research report spread over 62 Pages including table of contents provides key statistics on the market status of the Smart Plug manufacturers as a valuable source of guidance and direction for companies and individuals interested. Smart Plug Industry Report covers the present scenario and the growth prospects of the Market for 2017-2021. Overall Market Regional analysis contain America, APAC and EMEA.
Major Exhibits mentioned in Smart Plug market report:
Five forces analysis
Business revenue (% share)
Application (millions of units)
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The report provides in depth research of the Smart Plug industry including definitions, segmentation, applications, key players, market drivers and market challenges. The report then estimates 2017-2021 market development trends along with providing Smart Plug market analysis for the international markets including development trends, competitive landscape analysis, and key regions development status
In the end, the report makes some important proposals for a new project of Smart Plug market before evaluating its feasibility. The Smart Plug market report also presents the growth prospects and a corresponding detailed analysis of the major companies operating in the market.