Market Research Logo

Global Smart-Connected Power Plug Socket Market 2017-2021

Global Smart-Connected Power Plug Socket Market 2017-2021

About Smart-Connected Power Plug Socket

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. The global smart-connected power plug sockets market encompasses key regions such as the Americas, EMEA, and APAC. These regions include key countries such as the US, Germany, the UK, France, Japan, and Canada. By technology, the market is divided among Wi-Fi, Bluetooth, and others. The key distribution channel comprises offline and online mediums.

Technavio’s analysts forecast the global smart-connected power plug socket market to grow at a CAGR of 7.43% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart-connected power plug socket market for 2017-2021. To calculate the market size, the report considers the sales value of the product.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart-Connected Power Plug Socket 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
  • Aeon Labs
  • Azpen Innovation
  • Belkin International
  • D-Link Systems
  • Honeywell International
Other prominent vendors
  • adesso
  • BroadLink
  • ITEAD Intelligent Systems
  • Leviton Manufacturing
  • SAFEMORE
Market driver
  • Increase in adoption of smart home solutions
  • For a full, detailed list, view our report
Market challenge
  • High pricing of product
  • For a full, detailed list, view our report
Market trend
  • Digital marketing and social media campaigns
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart-Connected Power Plug Socket Market 2017-2021

Technavio recognizes the following companies as the key players in the global smart-connected power plug socket market: Aeon Labs, Azpen Innovation, Belkin International, D-Link Systems, and Honeywell International

Other Prominent Vendors in the market are: adesso, BroadLink, ITEAD Intelligent Systems, Leviton Manufacturing, and SAFEMORE.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Digital marketing and social media campaigns. With the growth in Internet technology and innovations in Internet applications, there has been a radical change in the promotional and marketing activities of vendors in the market. Unlike the past decades, where print media and radio communication were the only sources of communication, digital marketing campaigns and promotional activities are gaining popularity in the market. Such campaigns and activities are now executed on digital platforms such as YouTube, Facebook, LinkedIn, Instagram, and Pinterest.”

According to the report, one of the major drivers for this market is Increase in adoption of smart home solutions. The growing need for a convenient and comfortable lifestyle has led to the exponential development of residential automation systems. Along with home automation systems, smart homes can keep a check on the security systems, lighting, and entertainment systems. In addition, home automation systems also enable a user to monitor and control all appliances with the help of a controller that is operated through the Internet. Many vendors are also offering home automation systems with remote access through smartphones and other mobile computing devices. Thus, owing to such factors, smart home adoption is increasing across the globe, which increases the adoption of smart home solutions.

Further, the report states that one of the major factors hindering the growth of this market is High pricing of product. The average price of a smart-connected power plug sockets is relatively higher than that of the conventional power plug sockets. It has been seen that the demand for smart-connected power plug sockets in countries such as Germany, the US, the UK, Germany, France, and Canada is high. This is because of the concentration of the premium consumer segment, including UHNWIs, is higher in these countries when compared with developing countries such as India, China, and Japan. The demand for smart home and home furnishing is growing exponentially in developed countries. In developing countries, smart homes are not very popular among consumers. Moreover, the purchasing power of residential consumers is also comparatively low. Therefore, these factors deter the value and volume sales of the product, which adversely affect the global market of smart-connected power plug sockets.

Companies Mentioned

Aeon Labs, Azpen Innovation, Belkin International, D-Link Systems, and Honeywell International, adesso, BroadLink, ITEAD Intelligent Systems, Leviton Manufacturing, and SAFEMORE.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Global smart-connected power plug sockets market 2016
  • Market landscape
    • Global smart-connected power plug sockets market
      • Table Global smart-connected power plug sockets market
      • Table Global smart-connected power plug sockets market: Supply chain
    • Market size and forecast
      • Table Global smart-connected power plug sockets market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution channel
    • Global power plug sockets market by distribution channel
      • Table Global smart-connected power plug sockets market 2016 (% share of revenue)
      • Table Global smart-connected power plug sockets market 2021 (% share of revenue)
    • Global smart-connected power plug sockets market through offline distribution channel
    • Global smart-connected power plug sockets market through online distribution channel
  • Market segmentation by technology
    • Global power plug sockets market by technology
      • Table Technology - Market size and forecast 2016-2021
    • Comparison by technology
      • Table Comparison by technology
    • Wi-Fi - Market size and forecast
      • Table Wi-Fi - Market size and forecast 2016-2021 ($ millions)
      • Table Wi-Fi - Year-over-year growth 2017-2021 (% share of revenue)
    • Bluetooth - Market size and forecast
      • Table Bluetooth - Market size and forecast 2016-2021 ($ millions)
      • Table Bluetooth - Year-over-year growth 2017-2021 (% share of revenue)
    • Others - Market size and forecast
      • Table Others - Market size and forecast 2016-2021 ($ millions)
      • Table Others - Year-over-year growth 2016-2021 (% share of revenue)
    • Market opportunity by technology
  • Regional landscape
    • Geographical segmentation
      • Table Global smart-connected power plug sockets market - Market size and forecast 2016-2021
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast
      • Table Americas - Market size and forecast 2016-2021 ($ millions)
      • Table Americas - Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast
      • Table EMEA - Market size and forecast 2016-2021 ($ millions)
      • Table EMEA - Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast
      • Table APAC - Market size and forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Global smart-connected power plug sockets market: Key leading countries 2016
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Number of connected devices 2015-2021 (billion units)
      • Table Population by region 2016 (%)
    • Market challenges
  • Market trends
    • Digital marketing and social media campaigns
    • Growing online sales of smart-connected power plugs sockets
    • Product portfolio expansion of manufacturers in emerging markets
  • Vendor landscape
    • Competitive scenario
    • Competitive strategy
    • Aeon Labs
      • Table Aeon Labs: Product segmentation 2016
    • Azpen Innovation
      • Table Azpen Innovation: Product segmentation 2016
    • Belkin International
      • Table Belkin International: Product segmentation 2016
      • Table Belkin International: Product offerings in global smart-connected power plug sockets market 2016 and other home automation products
    • D-Link Systems
      • Table D-Link Systems: Product segmentation 2016
    • Honeywell International
      • Table Honeywell International: Business segmentation by revenue 2016 (% share of revenue)
      • Table Honeywell International: Product segmentation 2016
    • Other prominent vendors
      • Table Global smart-connected power plug sockets market 2016: Key leading countries
  • Vendor analysis
    • Vendor overview
    • Comparative analysis of key vendors
      • Table Key vendors: Benchmarking on product offerings and geographical presence 2016
      • Table Key vendors: Comparative analysis of product portfolio, product pricing, and geographical presence 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report