Smart Connected Home Application Market
Smart Connected Home Application Market Scope:
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Smart Connected Home Application Market Size and
Growth
The Smart Connected Home Application market is witnessing significant growth, driven by increasing consumer demand for automation and energy efficiency. The market size was valued at approximately $80 billion in 2022 and is projected to reach $150 billion by 2028, reflecting strong adoption of IoT technologies and smart devices.
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Companies Covered
(Covid 19 Impact Covered)
◍ Samsung
◍ BSH
◍ Haier
◍ Whirlpool
◍ LG
◍ Electrolux
◍ Panasonic
◍ Miele & Cie
◍ Philips
◍ iRobot
◍ Ecovacs
◍ Neato
◍ Midea
◍ Hisense
The Smart Connected Home Application Market is driven by firms like Samsung, BSH, Haier, Whirlpool, and LG, which enhance user experience through IoT integration. Companies innovate products for efficiency and automation, increasing market penetration. Notable sales figures include:
- Samsung: $210 billion
- Whirlpool: $21 billion
- LG: $54 billion.
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Market Segmentation
By Application
Cooking
Food Storage
Cleaning
House Maintenance
By Product
◍ Smart Air-con and Heater
◍ Smart Washing and Drying ◍ Smart Fridges ◍ Smart Large Cookers ◍ Smart Dishwashers ◍ Smart Vaccum Cleaners ◍ Other
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Market Growth
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$ X Billion USD
