Market Overview:
The global wifi smart power sockets market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart home devices and the growing trend of IoT. Additionally, the rising awareness about energy conservation is also propelling the growth of this market. The global wifi smart power sockets market can be segmented on the basis of type into iOS and Android. The iOS segment is expected to hold a larger share in terms of revenue than the Android segment during the forecast period from 2018 to 2030. This can be attributed to factors such as better security features offered by iOS-based devices and higher penetration rates of Apple products in developed countries such as North America and Europe. On basis if application,the global wifi smart power socketsmarketcanbe dividedinto householdand commercial applications segments .
Product Definition:
Wifi Smart Power Sockets are devices that allow users to remotely turn on or off power to electronic appliances using a mobile app. They are often used in conjunction with home automation systems to control lights, fans, and other electronics. Wifi Smart Power Sockets can be important for safety reasons, as they can help prevent electrical fires by allowing users to turn off power quickly and easily. They can also save energy by allowing users to schedule when specific appliances are turned on or off.
IOS:
IOS (Infrastructure OS) is an operating system developed by Cisco for its equipment. It's a core part of the Cisco network and has been used in almost all their products including routers, switches, wireless access points and many more. IOS has been dominating the industry as it is easy to use and provides flexibility to device manufacturers which helps them provide better quality of service at a low cost.
Android:
Android is a mobile operating system developed by Google, based on Linux. It is an open source software platform, which means that it has its original source code that can be freely accessed and used. Android power sockets are smart devices with embedded operating systems capable of performing several tasks such as turning on/off the light according to user requirements and controlling home appliances remotely via internet connectivity.
The global wifi smart power sockets market size was valued at USD 0.69 billion in 2015.
Application Insights:
The commercial segment dominated the global wifi smart power sockets market, accounting for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to an increase in the number of cafes, hotels and restaurants across various regions including North America and Europe. These establishments require a large number of power sockets for their operation as they require several electronic devices such as laptops, tablets, smartphones etc., which need to be charged while customers spend hours together over a meal at these places. As a result, manufacturers are focusing on developing products specifically designed for commercial spaces such as cafes and restaurants so that consumers do not have to manually connect each socket with an electrical device but can simply press a button on their smartphone or tablet remote control app installed on it to switch On/Off all the connected appliances through one single remote control button located at another end user's side.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast years due to increasing penetration of smart devices and high adoption rate for advanced technologies. Europe accounted for a significant share in 2017 owing to rising demand from countries such as Germany, U.K., Italy, and France among others.
The Asia Pacific region has been witnessing an increase in internet users over the past few years which has led consumers towards adopting smart devices including power sockets with integrated wifi connectivity for convenient usage throughout their homes or commercial spaces Increasing number of retail stores along with restaurants.
Growth Factors:
- Increasing demand for smart home devices
- Rising disposable income of consumers
- Growing awareness about the benefits of using wifi smart power sockets
- Proliferation of internet-of-things (IoT) devices
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Wifi Smart Power Sockets Market Research Report
By Type
IOS, Android
By Application
Household, Commercial
By Companies
Ankuoo, Bayit, Belkin, Wemo, Conico, ConnectSense, Eve Energy, iDevices, iHome, Orvibo, SunPort
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Wifi Smart Power Sockets Market Report Segments:
The global Wifi Smart Power Sockets market is segmented on the basis of:
Types
IOS, Android
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ankuoo
- Bayit
- Belkin
- Wemo
- Conico
- ConnectSense
- Eve Energy
- iDevices
- iHome
- Orvibo
- SunPort
Highlights of The Wifi Smart Power Sockets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- IOS
- Android
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wifi Smart Power Sockets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
WiFi Smart Power Sockets are a new type of power outlet that uses WiFi to manage your energy use. The sockets can be controlled using an app or a web browser, and they can be used to turn off devices when they're not being used, or to save energy when you're not home.
Some of the major companies in the wifi smart power sockets market are Ankuoo, Bayit, Belkin, Wemo, Conico, ConnectSense, Eve Energy, iDevices, iHome, Orvibo, SunPort.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wifi Smart Power Sockets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wifi Smart Power Sockets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wifi Smart Power Sockets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wifi Smart Power Sockets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wifi Smart Power Sockets Market Size & Forecast, 2018-2028
4.5.1 Wifi Smart Power Sockets Market Size and Y-o-Y Growth
4.5.2 Wifi Smart Power Sockets Market Absolute $ Opportunity
Chapter 5 Global Wifi Smart Power Sockets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wifi Smart Power Sockets Market Size Forecast by Type
5.2.1 IOS
5.2.2 Android
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wifi Smart Power Sockets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wifi Smart Power Sockets Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wifi Smart Power Sockets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wifi Smart Power Sockets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wifi Smart Power Sockets Analysis and Forecast
9.1 Introduction
9.2 North America Wifi Smart Power Sockets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wifi Smart Power Sockets Market Size Forecast by Type
9.6.1 IOS
9.6.2 Android
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wifi Smart Power Sockets Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wifi Smart Power Sockets Analysis and Forecast
10.1 Introduction
10.2 Europe Wifi Smart Power Sockets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wifi Smart Power Sockets Market Size Forecast by Type
10.6.1 IOS
10.6.2 Android
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wifi Smart Power Sockets Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wifi Smart Power Sockets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wifi Smart Power Sockets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wifi Smart Power Sockets Market Size Forecast by Type
11.6.1 IOS
11.6.2 Android
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wifi Smart Power Sockets Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wifi Smart Power Sockets Analysis and Forecast
12.1 Introduction
12.2 Latin America Wifi Smart Power Sockets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wifi Smart Power Sockets Market Size Forecast by Type
12.6.1 IOS
12.6.2 Android
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wifi Smart Power Sockets Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wifi Smart Power Sockets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wifi Smart Power Sockets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wifi Smart Power Sockets Market Size Forecast by Type
13.6.1 IOS
13.6.2 Android
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wifi Smart Power Sockets Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wifi Smart Power Sockets Market: Competitive Dashboard
14.2 Global Wifi Smart Power Sockets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ankuoo
14.3.2 Bayit
14.3.3 Belkin
14.3.4 Wemo
14.3.5 Conico
14.3.6 ConnectSense
14.3.7 Eve Energy
14.3.8 iDevices
14.3.9 iHome
14.3.10 Orvibo
14.3.11 SunPort
