Global smart connected white goods market grow at a five year cagr of 134%

Global Smart Connected White-Goods Market Grow at a Five-Year CAGR Of 134% Email: sale@qyresearch.com Tel:0086-20-86655165 http://www.qyresearch.com

Global Smart Connected White-Goods Market Grow at a Five-Year CAGR Of 134%

1

Author: Xiang Yongfei

Company: QYResearch

Publish Date: 2017/06/02

Strong growth is expected for the smart connected home appliance market in the next five years,

according to QYResearch. In fact many appliance makers are already shifting focus from low-profit, lowgrowth traditional (non-smart) products, toward the emerging high-margin, revenue-oriented smart connected appliance market.

According to the recently published < Global Smart Connected White Goods Market Research Report

2017> by QYResearch,, the global smart connected white-goods market is forecast to grow at a five-year compound annual growth rate (CAGR) of 134%, from 1 million units shipped in 2016 to more than 230 million units by 2022. The appliance types covered in this research include washing machines, clothes dryers, dishwashers, refrigerators, room air-conditioners and large cooking appliances.

There are three critical factors that will affect smart appliance adoption: energy management initiatives,

such as dynamic pricing, government initiatives and structure of utilities; standards for interoperability; and other marketplace dynamics covering product pricing, retail environment, competitive landscape, the approaches adopted by suppliers and overall interest in smart home technology.

Samsung, LG Electronics, Panasonic, Haier (GE) and other consumer electronics giants vying for first-

mover advantage have shifted their focus from mobile devices, television and other saturated businesses, to smart home technology devices. Electronics giants could also benefit from the convergence of mobile devices and TVs with their home appliance business lines, as all of these devices can integrate well with smart technologies.

Global Smart Connected White-Goods Market Grow at a Five-Year CAGR Of 134%

2

This article was first released by QYResearch analyst, if reproduced, please indicate the source.

Media Contact: press@qyresearch.com

Analyst : xiangyongfei@qyresearch.com

Global Smart Connected White-Goods Market Grow at a Five-Year CAGR Of 134%

3