Smart Connected Power Plug Socket Market opportunities, Growth and Forecast till 2029

Honeywell International, Belkin International, D-Link Systems, Aeon Labs are some of the major key players.

Smart-Connected Power Plug Socket Market Value and CAGR

A smart-connected power plug socket is a plug that can be controlled remotely via a wireless network such as Wi-Fi, Bluetooth, or Zig-Bee. These sockets are typically intended for use with appliances or devices that lack built-in wireless connectivity or smart features, allowing users to turn them on and off from their smartphone, tablet, or computer.

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The global smart-connected power plug socket market has grown, expanding in recent years, owing to rising demand for home automation products and the widespread adoption of smart home technology. The global smart-connected power plug socket market was valued at USD 1.14 billion in 2020 and is expected to grow at a CAGR of 29.3% to USD 3.97 billion by 2029.

Smart-Connected Power Plug Socket Market Growth Drivers and Risks

Drivers:

• Increased adoption of smart homes: As the demand for home automation products grows, smart homes are becoming more popular. Smart-connected power plug sockets are an important component of a smart home ecosystem because they allow users to control their appliances remotely.
• Energy conservation: By turning off appliances when they are not in use, smart-connected power plug sockets help to reduce energy consumption. This is becoming a more important consideration for consumers looking to reduce their carbon footprint and save money on their energy bills.

Risks:

• Security risks: Because smart-connected power plug sockets are linked to the internet, they are vulnerable to cyber-attacks. As a result, manufacturers must ensure the security of their products and educate users on how to protect their devices.
• Interoperability issues: Due to the availability of multiple smart home ecosystems, there may be interoperability issues between different brands of smart-connected power plug sockets and other smart home devices. This could limit market growth because consumers may be hesitant to invest in a system that is incompatible with their current devices.

Smart-Connected Power Plug Socket Market Keyplayers

By Company

• Honeywell International
• Belkin International
• D-Link Systems
• Aeon Labs

Smart-Connected Power Plug Socket Market Segmentations

By Type

• Wi-Fi
• Bluetooth

By Application

• Offline Distribution Channel
• Online Distribution Channel

Table of content

1 Smart-Connected Power Plug Socket Market Overview

1.1 Product Definition

1.2 Smart-Connected Power Plug Socket Segment by Type

1.2.1 Global Smart-Connected Power Plug Socket Market Value Growth Rate Analysis by Type 2022 VS 2029

1.2.2 Wi-Fi

1.2.3 Bluetooth

1.3 Smart-Connected Power Plug Socket Segment by Application

1.3.1 Global Smart-Connected Power Plug Socket Market Value Growth Rate Analysis by Application: 2022 VS 2029

1.3.2 Offline Distribution Channel

1.3.3 Online Distribution Channel

1.4 Global Market Growth Prospects

1.4.1 Global Smart-Connected Power Plug Socket Production Value Estimates and Forecasts (2018-2029)

1.4.2 Global Smart-Connected Power Plug Socket Production Capacity Estimates and Forecasts (2018-2029)

1.4.3 Global Smart-Connected Power Plug Socket Production Estimates and Forecasts (2018-2029)

1.4.4 Global Smart-Connected Power Plug Socket Market Average Price Estimates and Forecasts (2018-2029)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Smart-Connected Power Plug Socket Production Market Share by Manufacturers (2018-2023)

2.2 Global Smart-Connected Power Plug Socket Production Value Market Share by Manufacturers (2018-2023)

2.3 Global Key Players of Smart-Connected Power Plug Socket, Industry Ranking, 2021 VS 2022 VS 2023

2.4 Global Smart-Connected Power Plug Socket Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.5 Global Smart-Connected Power Plug Socket Average Price by Manufacturers (2018-2023)

2.6 Global Key Manufacturers of Smart-Connected Power Plug Socket, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Smart-Connected Power Plug Socket, Product Offered and Application

2.8 Global Key Manufacturers of Smart-Connected Power Plug Socket, Date of Enter into This Industry

2.9 Smart-Connected Power Plug Socket Market Competitive Situation and Trends

2.9.1 Smart-Connected Power Plug Socket Market Concentration Rate

2.9.2 Global 5 and 10 Largest Smart-Connected Power Plug Socket Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Smart-Connected Power Plug Socket Production by Region

3.1 Global Smart-Connected Power Plug Socket Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029

3.2 Global Smart-Connected Power Plug Socket Production Value by Region (2018-2029)

3.2.1 Global Smart-Connected Power Plug Socket Production Value Market Share by Region (2018-2023)

3.2.2 Global Forecasted Production Value of Smart-Connected Power Plug Socket by Region (2024-2029)

3.3 Global Smart-Connected Power Plug Socket Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029

3.4 Global Smart-Connected Power Plug Socket Production by Region (2018-2029)

3.4.1 Global Smart-Connected Power Plug Socket Production Market Share by Region (2018-2023)

3.4.2 Global Forecasted Production of Smart-Connected Power Plug Socket by Region (2024-2029)

3.5 Global Smart-Connected Power Plug Socket Market Price Analysis by Region (2018-2023)

3.6 Global Smart-Connected Power Plug Socket Production and Value, Year-over-Year Growth

3.6.1 North America Smart-Connected Power Plug Socket Production Value Estimates and Forecasts (2018-2029)

3.6.2 Europe Smart-Connected Power Plug Socket Production Value Estimates and Forecasts (2018-2029)

3.6.3 China Smart-Connected Power Plug Socket Production Value Estimates and Forecasts (2018-2029)

3.6.4 Japan Smart-Connected Power Plug Socket Production Value Estimates and Forecasts (2018-2029)

3.6.5 South Korea Smart-Connected Power Plug Socket Production Value Estimates and Forecasts (2018-2029)

4 Smart-Connected Power Plug Socket Consumption by Region

4.1 Global Smart-Connected Power Plug Socket Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029

4.2 Global Smart-Connected Power Plug Socket Consumption by Region (2018-2029)

4.2.1 Global Smart-Connected Power Plug Socket Consumption by Region (2018-2023)

4.2.2 Global Smart-Connected Power Plug Socket Forecasted Consumption by Region (2024-2029)

4.3 North America

4.3.1 North America Smart-Connected Power Plug Socket Consumption Growth Rate by Country: 2018 VS 2022 VS 2029

4.3.2 North America Smart-Connected Power Plug Socket Consumption by Country (2018-2029)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Smart-Connected Power Plug Socket Consumption Growth Rate by Country: 2018 VS 2022 VS 2029

4.4.2 Europe Smart-Connected Power Plug Socket Consumption by Country (2018-2029)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Russia

4.5 Asia Pacific

4.5.1 Asia Pacific Smart-Connected Power Plug Socket Consumption Growth Rate by Region: 2018 VS 2022 VS 2029

4.5.2 Asia Pacific Smart-Connected Power Plug Socket Consumption by Region (2018-2029)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Smart-Connected Power Plug Socket Consumption Growth Rate by Country: 2018 VS 2022 VS 2029

4.6.2 Latin America, Middle East & Africa Smart-Connected Power Plug Socket Consumption by Country (2018-2029)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

5 Segment by Type

5.1 Global Smart-Connected Power Plug Socket Production by Type (2018-2029)

5.1.1 Global Smart-Connected Power Plug Socket Production by Type (2018-2023)

5.1.2 Global Smart-Connected Power Plug Socket Production by Type (2024-2029)

5.1.3 Global Smart-Connected Power Plug Socket Production Market Share by Type (2018-2029)

5.2 Global Smart-Connected Power Plug Socket Production Value by Type (2018-2029)

5.2.1 Global Smart-Connected Power Plug Socket Production Value by Type (2018-2023)

5.2.2 Global Smart-Connected Power Plug Socket Production Value by Type (2024-2029)

5.2.3 Global Smart-Connected Power Plug Socket Production Value Market Share by Type (2018-2029)

5.3 Global Smart-Connected Power Plug Socket Price by Type (2018-2029)

Toc Continue………………………..

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