Discover the connected home appliance market 2016 trend, analysis and overview

Smart home appliances allow users to monitor and control household activities from a remote location. These appliances allow for a convenient lifestyle and enhance the quality of life.

They conserve energy and, therefore, help reduce electricity bills.
Connected home appliance companies are focusing on the untapped consumer segments to boost market revenue. The market is expected to witness rapid growth in the forecast period due to the increased awareness of connected devices.

Publisher's analysts forecast the connected home appliance market in the US to grow at a CAGR of 39.47% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the connected home appliance market in the US 2016-2020. To calculate the market size, the report considers the revenue generated from the connected services provided by telecom operators, Internet service providers, managed service providers, and equipment providers for smart appliances.

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Market driver
- High availability of home broadband connectivity
- For a full, detailed list, view our report

Market challenge
- Lack of standardization and interoperability of devices
- For a full, detailed list, view our report

Market trend
- Increased adoption of cloud-based technologies
- For a full, detailed list, view our report

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