IoT is an Emerging Trend Creating Opportunities in the Market

/EINPresswire.com/ -- DUBLIN, IRELAND--(Marketwired - February 26, 2016) -  Research and Markets has announced the addition of the "Smart Appliances Market -- Global Forecast to 2020" report to their offering.

The smart appliances market is expected to grow at a CAGR of 15.4% between 2015 and 2020. The smart home appliances accounts for the major share in the smart appliances market. This segment accounted for a market share of 48% in 2014 and is also expected to grow at a higher CAGR of 16.8% between 2015 and 2020.

IoT (Internet of Things) is an emerging trend in the market and smart appliances are a subset of IoT. The IoT helps integrate digital and wireless technologies in home or kitchen appliances. Further, M2M (Machine to Machine) communication is likely to create a key opportunity in the smart appliances market.

The smart appliances market has been segmented based on type, end user, technology, and geography. It is expected to grow at a high CAGR of 15.4% between 2015 and 2020. Smart appliances based on type have been segmented into smart home appliances, smart kitchen appliances, and services.

This report describes the market trends, drivers, and challenges for the smart appliances market and forecasts the market between 2015 and 2020 on the basis of type, technology, end user, and geography. Factors driving the market include increasing energy prices, changing lifestyles and preferences of consumers, and availability of wireless solutions.

Companies Mentioned:

• BSH Hausgerate GmbH
• General Electric Co.
• Haier Inc.
• Koninklijke Philips N.V.
• LG Electronics Inc.
• Panasonic Corp.
• Samsung Electronics Co. Ltd.
• Whirlpool Corp.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Market Analysis, By Type

8 Market Analysis, By Technology

9 Market Analysis, By End User

10 Regional Analysis

11 Competitive Landscape

12 Company Profiles

For more information visit http://www.researchandmarkets.com/research/kqrs9g/smart_appliances.

Sector: Bluetooth

Research and Markets
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