Global Smart Outlet Market Insights, Forecast to 2025

A smart plug is a power receptacle that plugs into a traditional electrical outlet and integrates it into your smart home network, allowing you to control whatever you plug into it from an app on your smartphone or with your voice through a virtual assistant.
Belkin International, Inc began to promote Smart Outlet at 2013. Due to the existence of time buffers accepted by the audience, Smart Outlet was introduced to the market at 2016. Although a number of enterprises have sprung up in the market, there are a lot of players developing Smart Outlet. With the development of smart homes systems, The rate of growth is very fast in recent years. However, considering the factors of market capacity and update rate, we predict that the overall growth rate will decline in the future.
Global giant manufactures mainly distributed in North America, Europe and Asia. They have unshakable status in this field. The key product markets also locate at North America, Europe and Asia.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s Sales Channels, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
The global Smart Outlet market is valued at 130 million US$ in 2018 and will reach 660 million US$ by the end of 2025, growing at a CAGR of 22.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Smart Outlet market based on company, product type, end user and key regions.

This report studies the global market size of Smart Outlet in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Smart Outlet in these regions.
This research report categorizes the global Smart Outlet market by top players/brands, region, type and end user. This report also studies the global Smart Outlet market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Belkin International, Inc
Insteon
Etekcity
Edimax
Xiaomi
BroadLink
Shenzhen Orvibo Electronics
Samsung
Konke
Nyrius
Media

Market size by Product
Off-line
Online
Market size by End User
Household Use
Commercial Use

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Smart Outlet market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Smart Outlet market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Smart Outlet companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Smart Outlet submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Smart Outlet are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Outlet market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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