Market Share's Smart Home Appliances Market - Industry Size, 2025 | Page 2

the smart home appliances market in 2017 and will continue to lead in the forecast period. The key factors that may
be attributed to the growth of market includes increased innovation in terms of technology and high usage in homes.
Based on technology, the market could span Radio Frequency Identification (RFID), Wi-Fi, ZigBee, Bluetooth, Cellular
Technology, Z Wave, EnOcean, HomeRF, and Insteon. The “Wi-Fi” segment led the market in 2017 and will continue
to lead in the forecast period. The key factors that may be attributed to the growth of market includes an effective
technology to work a large number of home appliances from isolated locations. The key applications that could be
explored in the smart home appliances market include Commercial and Residential.
North America accounted for the major share of the smart home appliances market in 2017 and will continue to lead
in the forecast period. The factors that could be attributed to the growth include strong research and development in
the field, high presence of a large number of industrial companies, penetration of Internet of Things and others. North
America is followed by Asia-Pacific region owing to increasing consciousness among individual, growth of technology
in the region, and rising demand of smart home appliances, rising disposable income has led to change lifestyle among
individuals.
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Some of the key players that fuel the growth of the smart home appliances market comprise Panasonic Corporation,
General Electric Company, LG Electronics, Inc., Electrolux AB, Koninklijke Philips N.V., Samsung Electronics Co., Ltd.,
Haier Electronics Group Co., Ltd., Apple, Inc., BSH Hausgerate GmbH, Whirlpool Corporation, and Miele & Cie. KG. The
leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the
inorganic growth of the industry.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, revenue (million USD), market
share and growth rate of Smart Home Appliances in these regions, from 2013 to 2025 (forecast), covering
• United States
• EU
• China
• Japan
• South Korea