Smart-Connected Power Plug Socket Market Growth, Top Players, and Forecast by 2031

MARKET INTRODUCTION

Smart-connected power plug sockets are used to connect a device, appliance, or equipment to an electrical power source. These sockets can be connected to smartphones, tablets, or any other Internet-enabled device. Power supply to the object can be controlled by the user without physically connecting the device to the power supply port.

MARKET DYNAMICS

High technology adoption rate along with growing number of connected and IoT based devices are creating vulnerabilities in the conventional power plug sockets. This needs to be addressed properly and a smart-connected power plug socket could be an option to remove these security exposures. Growth in the smart-connected power plug socket market is anticipated to increase in the near future because of the increase in adoption of smart home solutions.

MARKET SCOPE

The "Global Smart Connected Power Plug Socket Market Analysis to 2031" is a specialized and in-depth study of the smart connected power plug socket market with a special focus on the global market trend analysis. The report aims to provide an overview of smart connected power plug socket market with detailed market segmentation by type, application. The global smart connected power plug socket market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart connected power plug socket market player and offers key trends and opportunities in the smart connected power plug socket market.

MARKET SEGMENTATION

The global smart connected power plug socket market is segmented on the basis of type, application. On the basis of type, market is segmented as WI-FI, Bluetooth. On the basis of application, market is segmented as household, commercial

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart connected power plug socket market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart connected power plug socket market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting smart connected power plug socket market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart connected power plug socket market in these regions.

MARKET PLAYERS

The reports cover key developments in the smart connected power plug socket market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from smart connected power plug socket market are anticipated to lucrative growth opportunities in the future with the rising demand for smart connected power plug socket market. Below mentioned is the list of few companies engaged in the smart connected power plug socket market.

The report also includes the profiles of key smart connected power plug socket market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Aeon Labs
  
•   Azpen Innovation
  
•   Belkin International
  
•   D-Link Systems
  
•   Honeywell International
  
•   Adesso
  
•   BroadLink
  
•   ITEAD Intelligent Systems
  
•   Leviton Manufacturing
  
•   SAFEMORE
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Smart-Connected Power Plug Socket Report Scope