Smart home appliances market to increase steadily by 2023

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Opportunity Analysis and Industry Forecast,
2016-2023
Smart Home Appliances Market
Global Opportunity Analysis and Industry
Forecast, 2014-2020
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Smart Home Appliances Market is expected to
reach 38.35 billion by 2020, registering a CAGR
of 16.6 during the forecast period of
2015-2020. Smart home appliances are next
generation conventional home appliances, equipped
with advanced features for receiving, processing,
and transmitting information using smartphones,
tablets, and laptops. Increasing use of
appliances in homes has led to higher energy
consumption, thereby, posing challenges for power
companies to produce more electricity. Wi-Fi
technology is one of the most frequently used
technologies owing to its long range operation
capabilities. Besides Wi-Fi, technologies such as
ZigBee, Bluetooth and RFID are used on account of
their lower operation costs and lesser power
requirements. Increasing demand for appliances
such as smart air-conditioners, smart
refrigerators, smart washing machines, smart
dishwashers and others smart home appliances
would boost the market for smart home appliance
products. Market participants have introduced
innovative smart appliances as well as novel apps
in the recent past, in an effort to enhance the
overall customer satisfaction. 
Smart Home Appliances Market Overview
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North America is leading the global market owing
to technological advancements and widespread
awareness. However, Asia Pacific region is
expected to surpass the North American and
European markets by 2018, owing to the increasing
demand of smart appliances, from countries such
as China and India. Read more at
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Smart Home Appliances Market Overview
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TOP FACTORS IMPACTING CONSTRUCTION EQUIPMENT
MARKET
Top Impacting Factors -
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Smart Home Appliances Market Segmentation -
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• Key Benefits
• This study highlights the current scenario of the
  world smart home Porters Five Force Analysis
  highlights the potency of the suppliers and
  buyers along with a competitive scenario of the
  market, which would facilitate efficient
  strategic planning.
• The drivers and opportunities have been analyzed
  to identify the current factors, which are
  responsible for the growth of the market as well
  as the upcoming technologies that are expected to
  foster the market growth in future.
• Quantitative analysis of the current market
  trends and estimations for the period of
  2014-2020 are provided to determine the financial
  appetency of the market.

Smart Home Appliances Market key Benefits -
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• Key findings
• The global market for smart home appliances, is
  expected to grow due to availability of
  innovative and affordable smart appliances and
  increasing awareness among the populace during
  the forecast period (2015-2020).
• Wi-Fi, RFID and ZigBee are the most preferred
  technologies in the smart home appliances market.
• North America, on account of tech-savvy end users
  and government incentives for smart appliance
  manufacturers, constituted the highest market
  share in 2014, followed by Europe.
• Asia-Pacific would surpass the North American and
  European markets by 2018, emerging as the market
• 
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Key Findings of Smart Home Appliances Market
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Top winning strategies, 2012-2015

Profiled Key Market Players-
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Profiled Key Market Players- - LG
Electronics - Panasonic Corp., - Samsung, -
Whirlpool Corp. - Haier Get Sample Copy For
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Profiled Key Market Players-
10
 
 
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