Global Smart Kitchen Market Analysed in Infiniti Research Report Recently Published at MarketPublishers.com02 Mar 2016 • by Natalie Aster
LONDON – An integral part of smart homes, smart kitchens provide smart environment to their users. They enable users to execute remote control of kitchen appliances, assist in detecting emergency situations and take an appropriate action when required, and more.
Multiple benefits of IoT, government support (namely, funding) for start-ups in the field of IoT and energy efficiency smart kitchen appliances offer are some of major forces driving this marketplace.
The market also faces multiply challenges, such as a high initial cost smart kitchen appliances have, privacy concerns related to data security, a need for a strong Internet connection, and more.
In the meantime, the number of smart home is currently on the rise from pole to pole, and IoT standards’ diversity also increases.
Electrolux, Haier, LG Electronics and Onida are some of major vendors in this space.
The global marketplace is expected to grow at a CAGR of approximately 64 percent through 2020.
Topical research report “Global Smart Kitchen Market 2016-2020” developed by Infiniti Research offers a comprehensive discussion of the global market for smart kitchens. The study contains a thorough overview of this swiftly growing marketplace. It estimates a size of this market and contains a five forces analysis. The report segments the market on the basis of products and delves deep into each segment. The research study covers regional markets and investigates forces driving the marketplace, examines market challenges and trends. It sheds light on the vendor landscape and canvasses the competitive scenario. The research report also includes forecast figures related to the marketplace.
Global Smart Kitchen Market 2016-2020
Published: February, 2016
Price: US$ 2,000.00
- insightful overview of the global market;
- coverage of all market segments;
- investigation of forces having impact on the marketplace;
- details on market trends;
- valuable data on the competitive environment;
- future market outlook;
- and more.
More in-demand studies by our market research partner are available at Infiniti Research page.