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Smart Switches, Sockets, and Plugs: Products, Players, Predictions - December 2020



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Report Summary:

Smart electrical devices are important building blocks of the smart home. This is a huge market, with hundreds of millions of smart electrical devices set to be purchased by consumers over the next five years. A constantly growing roster of smart electrical device brands gives consumers plenty of options to choose from at all price bands, and it is becoming increasingly easier for companies to enter this arena.

However, creating a sustainable business model in the smart home device segment may be elusive for all but the largest companies. As this market’s heavyweights tighten their grips on this smart home device segment, smaller companies should look beyond the devices themselves and seek opportunities in the crossovers of electrical devices and home security, or in health and wellness related applications.

This annual report assesses the impact of these trends on a regional basis, analyzes the competitive landscape, details Strategy Analytics' long-term outlook for this aspect of the global smart home market, supplemented by Strategy Analytics' forecasts for smart home electrical device units shipped and consumer spending.
 

Table of Contents

Pandemic-related Forecast Updates
Global Consumer Trends
Device Segment Overviews: Switches (Dimmers and Standard)
Device Segment Overviews: Sockets and Plugs
Global Overview
- Global Forecast Data and Analysis
- Global Consumer Units
- Global Consumer Spending
US Overview
- US Forecast Data and Analysis
- US Consumer Units
- US Consumer Spending
Western Europe
- Western Europe Forecast Data and Analysis
- Western Europe Consumer Units
- Western Europe Consumer Spending
Asia Pacific
- APAC Forecast Data and Analysis
- APAC Consumer Units
- APAC Consumer Spending
Rest of World
- RoW Forecast Data and Analysis
- RoW Consumer Units
- RoW Consumer Spending
Vendor Analysis
- Power Players
- Other Competitors
Trends to Monitor
Questions for Further Consideration
Related Reports and Forecasts
How Can We Help You?
Support Across the Strategic Planning Cycle
Countries Included in Each Region
- Western Europe (WE)
- Asia-Pacific (APAC)
- Rest of World (RoW)

For more information about our services please contact us or email support@strategyanalytics.com

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