Pune, Maharashtra -- (SBWIRE) -- 08/20/2020 -- The global Smart Plug market is studied in detail in the new report on Qualiket Research. The new report studies the Smart Plug market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market's historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods. The key economic factors affecting the global Smart Plug market are studied in detail in the global Smart Plug market report, including a detailed assessment of the microeconomic and macroeconomic environment of the market.

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Smart plugs are power receptacle devices that plug into traditional electrical outlet and integrate into smart home. Rise in disposable income of customers and change in lifestyle are further projected to accelerate the global smart plug market in coming years. Increase in adoption of energy efficient home appliances and innovative product in smart homes will drive the market growth.

Market Drivers
Increase in technological advancements and investments by prominent players are the key driving factors which are expected to boost the global smart plug market growth. Furthermore, growing need of consumers for a convenient lifestyle, advancements in the IoT framework, and improved energy saving will have the positive impact on market growth. Moreover, smart devices are becoming popular due to benefits such as remote control, remote monitoring, and other features enabling cost savings and convenience will propel the market growth during this forecast period. Also, implementation of smart homes due to government initiatives to enhance standard of living, will significantly grow global smart plug market.

Market Restraints
However, security concerns associated with smart plugs are the major restraining factors which are expected to hamper the global smart plug market growth.

Market Key Players
Various key players are discussed in this report such as Panasonic, Belkin International, Insteon, Leviton, TP-Link, D-Link, Etekcity, SDI Technologies, iSmartAlarm, and EDIMAX Technology.

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Market Taxonomy
By Technology
- Bluetooth
- Wi-Fi
By End User
- Automotive
- Healthcare
- Aerospace & Defense
- Power & Energy
- Consumer Electronics
- IT & Telecommunication
- Industrial
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa

Major Points Covered in Table of Content
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Plug Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Plug Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Smart Plug Market Share Analysis, By Technology
5.3 Global Smart Plug Market Size and Forecast, By Technology
5.3.1 Bluetooth
5.3.2Wi-Fi
6 Global Smart Plug Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Smart Plug Market Share Analysis, By End User
6.3 Global Smart Plug Market Size and Forecast, By End User
6.3.1 Automotive
6.3.2 Healthcare
6.3.3 Aerospace & Defence
6.3.4 Power & Energy
6.3.5 Consumer Electronics
6.3.6 IT & Telecommunication
6.3.7 Industrial
6.3.8 Others
7 Global Smart Plug Market, By Region
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