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Global Smart Plug Market to Grow at a CAGR of 37.87% to 2021

Monday, March 20, 2017 3:02
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(Before It's News) adds “Global Smart Plug Market Research Report 2017”new report to its research database. The report spread across 62 pages with table and figures in it.


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


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.


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.


Browse full table of contents and data tables at                                                                                  


The market is divided into the following segments based on geography:

• Americas




Technavio’s 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


Order a Purchase Report Copy at                                                                                                                       


Market driver

• High demand for remote access to appliances

• For a full, detailed list, view our report


Market challenge

• Security concerns associated with smart plugs and IoT

• For a full, detailed list, view our report


Market trend

• Promotion of smart plugs through trade exhibitions

• For a full, detailed list, view our 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?


Request a sample copy at                                                                                                  


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