Internet of Things (IoT) and Concept of Smart Homes is the Major Driving Factor Behind the Growth of Smart Connected Power Plug Socket Market

Global Smart Connected Power Plug Socket Market

New York, USA, 2018-Jul-21 — /EPR Network/ — According to Goldstein Research, the emergence of advanced technologies such as the Internet of Things (IoT) have given rise to the concept of smart homes and smart cities which is the major factor for the proliferation of smart devices and products for smart homes. The smart homes concept have successfully penetrated into control and connectivity market by 2.1% share and the market is projected to grow at a CAGR of 33.4% during 2016-2024, which is the major factor for the growth of smart connected power plug socket market. Smart connected power plug socket market outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. One of the major trends in the global Smart-Connected Power Plug Socket market is the development of DIY market trends where numerous appliances can be organized and controlled with their real-time energy consumption information.

Browse Full Report: https://www.goldsteinresearch.com/report/global-smart-connected-power-plug-socket-market-outlook-2016-2024

Market Segmentation

On the basis of our in-depth analysis, global smart connected power plug socket market can be segmented as follows:

Types of Connectivity

  • Wi-Fi connectivity
  • Bluetooth connectivity
  • Zigbee connectivity
  • Z Wave Connectivity

By Distribution Channel

  • Online channel
  • Offline channel

By Application

  • Household
  • Commercial

Based on Geography

  • North America (U.S. & Canada) Smart-Connected Power Plug Socket Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Smart-Connected Power Plug Socket Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Smart-Connected Power Plug Socket Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Smart-Connected Power Plug Socket Market {Market Share (%), Market Size(USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, Rome) Smart-Connected Power Plug Socket Market {Market Share (%), Market Size(USD Billion)}

“Global Smart Connected Power Plug Socket Industry Analysis” contains a detailed overview of the global smart-connected power plug socket market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by connectivity type, through distribution channels and by applications.

Further, for the in-depth analysis,  Smart Connected Power Plug Socket Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as Siemens AG, ABB Ltd., Schneider Electric SE, Emerson Electric Co., General Electric Co., Honeywell International Inc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global smart connected power plug socket market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Download Exclusive Sample @ https://www.goldsteinresearch.com/request-sample/global-smart-connected-power-plug-socket-market-outlook-2016-2024

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Hardware  Industry Analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact us for more details

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada: 1-437-886-1181

UK: +44-203-318-6627

sales@goldsteinresearch.com

www.goldsteinresearch.com

Browse Similar Report:  Enterprise Firewall Software Market

 

Matched content

Editor’s pick