Global Smart Plug Market 2017-2021

  • ID: 4115329
  • Report
  • Region: Global
  • 62 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Belkin International
  • D-Link
  • EDIMAX Technology
  • Etekcity
  • Insteon
  • iSmartAlarm
  • MORE
About Smart Plug

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.

The analysts forecast the global smart plugs market to grow at a CAGR of 37.87% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart plugs market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of smart plugs in the global market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Smart Plugs Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Belkin International
- Etekcity
- EDIMAX Technology
- Insteon

Other prominent vendors
- D-Link
- SDI Technologies
- Panasonic
- TP-Link
- Leviton
- iSmartAlarm

Market drivers
- High demand for remote access to appliances
- For a full, detailed list, view the full report

Market challenges
- Security concerns associated with smart plugs and IoT
- For a full, detailed list, view the full report

Market trends
- Promotion of smart plugs through trade exhibitions
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Belkin International
  • D-Link
  • EDIMAX Technology
  • Etekcity
  • Insteon
  • iSmartAlarm
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
Definitions

PART 05: Market landscape
Market overview
Market size and forecast

PART 06: Five forces analysis
Global smart plug market by end-users
Global smart plug market by residential users
Global smart plug market by commercial users
Comparison of global smart plug market by end-users

PART 07: Market segmentation by technology adopters
Global smart plug market by technology adopters
Global smart plug market by innovators
Global smart plug market by early adopters
Global smart plug market by early majority
Comparison of global smart plug market by technology adopters

PART 08: Geographical segmentation
Global smart plug market by geography
Smart plug market in Americas
Smart plug market in EMEA
Smart plug market in APAC
Comparison of global smart plug market by geography

PART 09: Key leading countries
Key leading countries in global smart plug market
Smart plug market in US
Smart plug market in UK
Smart plug market in Germany

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape
Competitive scenario
Other prominent vendors

PART 16: Appendix
List of abbreviations

PART 17: About the Author

List of Exhibits
Exhibit 01: Overview of global smart plug market
Exhibit 02: Global smart plug market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global smart plug market by end-users 2016 and 2021 (% share)
Exhibit 05: Global smart plug market by residential users 2016-2021 ($ billions)
Exhibit 06: Top appliances that use smart plugs 2016 (% share)
Exhibit 07: Global smart plug market by commercial users 2016-2021 ($ billions)
Exhibit 08: Comparison of global smart plug market by end users 2016-2021 ($ billions)
Exhibit 09: Global smart plug market by technology adopters 2016 and 2021 (% share)
Exhibit 10: Global smart plug market by innovators 2016-2021 ($ millions)
Exhibit 11: Global smart plug market by early adopters 2016-2021 ($ millions)
Exhibit 12: Global smart plug market by early majority 2016-2021 ($ millions)
Exhibit 13: Comparison of global smart plug market by technology adopters 2016-2021 ($ billions)
Exhibit 14: Global smart plug market by geography 2016 and 2021 (% share)
Exhibit 15: Smart plug market in Americas 2016-2021 ($ billions)
Exhibit 16: Smart plug market in EMEA 2016-2021 ($ billions)
Exhibit 17: Smart plug market in APAC 2016-2021 ($ billions)
Exhibit 18: Comparison of global smart plug market by geography 2016-2021 ($ billions)
Exhibit 19: Top 10 countries in global smart plug market 2016 (% share)
Exhibit 20: Revenue and market share of top 10 countries in global smart plug market 2016
Exhibit 21: Smart plug market in US 2016-2021 ($ millions)
Exhibit 22: Smart plug market in UK 2016-2021 ($ millions)
Exhibit 23: Smart plug market in Germany 2016-2021 ($ millions)
Exhibit 24: Impact of drivers
Exhibit 25: Impact of drivers and challenges
Exhibit 26: Other prominent vendors
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Belkin International
  • D-Link
  • EDIMAX Technology
  • Etekcity
  • Insteon
  • iSmartAlarm
  • MORE
New Report Released: – Global Smart Plug Market 2017-2021

The author of the report recognizes the following companies as the key players in the global smart plug market: Belkin International, Etekcity, EDIMAX Technology, and Insteon

Other Prominent Vendors in the market are: D-Link, SDI Technologies, Panasonic, TP-Link, Leviton, and iSmartAlarm

Commenting on the report, an analyst from the research team said: “The penetration of built-in smart appliances is expected to increase during the forecast period. In the current market scenario, these smart electronic appliances have a niche position because they have a price premium attached to them. However, as the technology adoption increases, these appliances are expected to become more affordable and will likely give a tough competition to smart plugs. The adoption of built-in smart appliances will reduce the need for smart plugs, which will severely hinder the smart plug market growth during the forecast period.”

According to the report, consumers have started adopting new technologies because of their fast-changing lifestyles and the need for convenience. The improvement in network infrastructure has translated into better broadband and Internet penetration. This has resulted in consumers increasingly opting for wireless and technologically advanced products, mostly for convenience. The concept of controlling a home appliance via the Internet and a smartphone has attracted considerable attention since 2013. To cater to this growing demand for convenient products, marketers are focusing on advancing technologies to develop smart plugs that could convert any appliance into a smart appliance. By downloading the app on their mobile devices and connecting their appliances through Wi-Fi, consumers can easily operate, monitor, and receive notifications on their smartphones from any remote location.

Further, the report states that there are numerous issues associated with the use of smart appliances, which include privacy and security concerns. Owing to the low human interference, the automated interaction between connected devices and IoT is often not visible to the user. This makes it easy for third-party energy management and service providers and utility companies to get access to information without the user's knowledge. The information may include personal and private data.

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 a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • Belkin International
  • Etekcity
  • EDIMAX Technology
  • Insteon
  • D-Link
  • SDI Technologies
  • Panasonic
  • TP-Link
  • Leviton
  • iSmartAlarm
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll