Smart-Connected Power Plug Sockets - Global Strategic Business Report

Global Smart-Connected Power Plug Sockets Market to Reach $313.7 Million by 2030

The global market for Smart-Connected Power Plug Sockets estimated at US$208.4 Million in the year 2022, is projected to reach a revised size of US$313.7 Million by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Wi-Fi Connectivity, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$247.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bluetooth Connectivity segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $61 Million, While China is Forecast to Grow at 4.9% CAGR

The Smart-Connected Power Plug Sockets market in the U.S. is estimated at US$61 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$55 Million by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Select Competitors (Total 22 Featured) -

• Belkin international, Inc.
• Bert
• Cassia Networks
• D-Link Corporation
• D-Link US
• Emporia Energy
• Gnrgy
• Gulplug
• iSocket Systems
• Kancy Systems

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