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Connected Home Appliance Market in the US to grow at a CAGR of 39.47% during the period 2016-2020
Summary Technavio Announces the Publication of its Research Report – Connected Home Appliance Market in the US 2016-2020 Technavio recognizes the following companies as the key players in the Connected Home Appliance Market in the US: ARRIS, AT&T, Comcast, Honeywell, and Samsung. Other Prominent Vendors in the market are: Bosch, Control4, Dacor, Electrolux, Frigidaire, GE, Haier, iControl Networks, Ingersoll-Rand, LG, Panasonic, Sprint, Thermador, Vivint, and Whirlpool. Commenting on the report, an analyst from Technavio’ s team said: “One trend inciting market growth is the use of Bluetooth and low-power Wi-Fi to operate smart home products. Low-power Wi-Fi has its significance with the combination of two products: Roost (a connected battery) and Homeboy (a rechargeable security camera). Roost converts a smoke detector into a connected smoke detector working through the low-power Wi-Fi IP, which is built as per the standard protocol. The main advantage is the easier and the fast communication that occurs due to Bluetooth technology, unlike WiFi that consumes time due to cloud networking for transferring and retrieving the information.” Browse Detail Report With TOC @ https://marketreportscenter.com/reports/316866/connected-home-appliance-market-in-the-us-20162020 According to the report, one driver leading to the growth of this market will be the rising smartphone penetration. The US is the world's largest 4G market. Currently, it has 80% smartphone adoption rate with respect to its population. Increasing smartphone data usage is driving the connected home