Market Analysis, Assessment and Outlook to 2026 › warehouse › pdf › SecuriPlug... · Global...
Transcript of Market Analysis, Assessment and Outlook to 2026 › warehouse › pdf › SecuriPlug... · Global...
MarketAnalysis,AssessmentandOutlookto2026
Execu:veSummary• SmartPlugmarketforecastshighgrowthby2026
• Salesin2018: US$123.8million• Salesin2026: US$723.3million
• Keymarketregions:NorthAmerica,Europe,AsiaPacific,MiddleEast&AfricaandLa:nAmerica
• RapidSmartPluggrowthdueto:• Adop:onofhomeautoma:ontechnologies• ShiRinconsumerpreferencetowardssmarthomes• Technologicaldevelopmentsbytheemergingandprominentplayersinthemarketworldwide
• Forecastprofitrisingfrom£500k(2020)to£22m(2026)
GlobalSmartPlugsMarket
Parameter 2018 2026
GlobalSmartPlugsMarket(US$million) 123.8 723.3
CompoundAnnualGrowthRateCAGR% 25.4%
LargestMarketSegment,byApplica:on Household78.4%
Household74.4%
KeyGrowthMarketSegment,byApplica:onCAGR% Commercial28.1%
LargestMarketSegment,byGeography NorthAmerica33.7%
AsiaPacific33.4%
KeyGrowthMarketSegment,byGeographyCAGR% AsiaPacific28.9%
GlobalSmartPlugProjectedGrowth
SmartPlugProductsComparisonParameters Belkin
WeMoInsightSmartPlug
ConnectSenseSmartOutlet2
iHomeiSP6XSmartPlug
TP-LinkKasaSmartPlug
AmazonSmartPlug
MicrosoRCortana ✖ ✖ ✖ ✔ ✖
AppleHomeKit ✖ ✔ ✔ ✖ ✖
AppleSiri ✖ ✔ ✔ ✖ ✖
GoogleAssistant ✔ ✔ ✔ ✔ ✖
AmazonAlexa ✔ ✔ ✔ ✔ ✔
TheaboveSmartPlugsarereliantuponlinkingtoothertechnologiesinordertoworkSecuriPlugdoesnotrelyonothertechnologies
GlobalSmartPlugHouseholdGrowth
GlobalSmartPlugCommercialGrowth
UKSmartPlugGrowth
SecuriPlugGlobalForecastSales
Forecastbasedon:• 20200.5%ofglobalmarket• 20212%ofglobalmarket• 2022+5%ofglobalmarket• Itemsaleprice:£40Expenses:£25 Profit:£15
SourceofDatainthisReport