Home Gadgets Archives - Coolest Gadgets https://www.coolest-gadgets.com/home-gadgets/ Reviewing the Best and Coolest Gadgets Wed, 10 Apr 2024 10:07:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://www.coolest-gadgets.com/wp-content/uploads/2023/12/cropped-cropped-Coolest-Gadgets-Icon-32x32.png Home Gadgets Archives - Coolest Gadgets https://www.coolest-gadgets.com/home-gadgets/ 32 32 227648532 Smart TV Statistics 2024 By Market Size, Share and Trends https://www.coolest-gadgets.com/smart-tv-statistics https://www.coolest-gadgets.com/smart-tv-statistics#respond Wed, 10 Apr 2024 10:07:00 +0000 https://www.coolest-gadgets.com/?p=3041 Introduction

Smart TV statistics: Are you thinking of buying a smart TV this year? Don’t get confused because there are several different manufacturing brands available in the market, this article includes insights from various aspects that provide light on why Smart TV is so trending and popular in recent days. Over the world billions of users are showing interest in Smart TVs and demand is increasing these TVs are implemented with advanced technology and improved processors with AI (artificial intelligence). A report published in Research and Market states that by 2030 the market size of global smart TV is expected to reach $ 451 million with 11.4% of CAGR from 2023 to 2030. Hope, these statistics guide you better in choosing your suitable smart TV.

Editor’s Choice

A report published in Research and Market states that by 2030 the market size of global smart TV

(Source: Research and Market.com )

  • As of 2023, in the United States of America, the average number of smart TV users is expected to reach 190 million.
  • In the United States, all in-home video streaming via Smart TV is done by 55%.
  • In the year 2023, the market size of Smart TVs is going to be $211.42 billion and the year-over-year growth rate in 2023 is 10.33%
  • The global market of Smart TV by 2030 is expected to be $451.26 billion.
  • In the 1st half of 2023, the average selling price of Smart TV has dropped by 3% which results in $380.
  • At the same time, the most popular TV equipped with 8GB internal storage with a remarkable growth of 33% year-over-year.
  • In 2023, the Smart TV market of the Asia Pacific region accounted for the largest revenue share with more than 40%.
  • Around the world, total shipments of Smart TVs in 2023 are around 199 million units, which has slightly decreased from last year.

Facts About Smart TV

  • Samsung brand holds the highest market share of 23% in the Smart TV market.
  • Whereas, other Smart TV brands’ market share is followed by LG with 18%, Sony at 14%, Vizio (9%), TCL (7%), and Hisense (6%) around the world.
  • The Smart TV sold market share statistics by price range are followed by $500-$1000 with 45% share, $1000-$1500 (25%), $1500-$2000 (18%), more than $2000 (4%), and less than $500 (8%).
  • While 60% of people earning less than $50,000 are using more Smart TV users around the world in 2023.
  • Owner of Smart TV statistics by annual income is followed by less than $25,000 (20%) and income level between the ranges of $25,000 to $50,000 (30%).
  • As of 2023, around the world, people are willing to pay more than $1000 for adopting Smart TV with high-quality features.
  • There are 75% of users of Smart TV are college students in 2023.

General Smart TV Statistics

  • In the United States, the market size of the Smart TV market in 2023 is expected to be $31.34 million units and by 2028 it is going to be $34.10 million units with a 1.70% CAGR.
  • Worldwide sales of Smart TVs in 2023 are around 80 million units.
  • American people aged between 35 years to 54 years own a Smart TV share of 49%.
  • In the United Kingdom, the share of Smart TV owners is 77% those are aged between 35 years to 44 years.
  • In the 1st quarter of 2023, the global shipment of TV streaming has grown by 2% along with enabling strong performance of Sony’s PS5.
  • Total Smart TV usage dropped in February due to a lack of high-demand content available.

amazon-dominates-the-u-s-smart-speaker-market.(Source: nielsen.com)

  • As of February 2023, the usage of cable and broadcast has reduced by 5.7% and 9.2% respectively.
  • In January 2023, the shares of Smart TV trend statistics are followed by Broadcast (24.9%), Cable (30.4%), Streaming (32.8%), and others (11.9%).
  • On the other hand in February 2023, the shares of Smart TV trend statistics are followed by Broadcast (23.8%), Cable (30.2%), Streaming (34.3%), and others (11.7%).
  • In the first half of 2023, the shipment of Indian Smart TVs has declined by 5% year-over-year.

Market Leader’s Statistics

  • As of 2023, at the helm of the Smart TV industry, Xiaomi has experienced the highest position with a market share of 14%.
  • Samsung Smart TV secured the second position holds a 13% market share.
  • LG Smart TV follows other market shares with 12%, TCL Smart TV (8%), and OnePlus Smart TV (7%).
  • In the United States revenue earned by Smart TV is going to be $18 billion and by the end of 2028, it is expected to be 0.79% of CAGR.
  • The market size value in India is expected to be $11.7 billion by the end of 2023 and by 2030 it is supposed to be $32.57 billion with a 16.7% CAGR.
  • By the end of 2033, the Chinese market for Smart TVs is expected to expand by 16.5% of CAGR.
  • At the end of 2026, global Smart TV ownership is expected to increase up to 1.1 billion households, with 51% of them.

By Operating System Statistics

  • The highest share of operating systems in-home streaming via a Smart TV in 2023 is Android TV (35%)
  • The market share of WebOS OS is 25% whereas; Tizen includes 20%.
  • Others are followed by Roku TV (10%), and others (10%).
  • The most popular technology used in Smart TVs is Organic Light Emitting Diode (OLED) and QLED, whereas other technologies used are Artificial Intelligence, 8K resolution, and IoT integration.
  • In 2023, the adoption rates of traditional LED Smart TV have decreased in 2023.
  • Some challenges experienced in the Smart TV technology are limited content availability, compatibility issues, security concerns, and user interface.

By Generation

  • As of 2023, in the United States the most users per month of Smart TV by Gen Z with 52.2 million people.
  • Other user statistics by generation are followed by Millennials (61.5 million), Gen X (51 million), and Baby Boomers (33.1 million).
  • By the end of 2025, the user statistics are followed by Gen Z (56.1 million), Millennial (62.6 million), Gen X (50.5 million), and Baby Boomer (31.6 million)
  • The frequency share of Smart TV usage statistics in 2023 is followed by 18 years to 34 years (65%) and daily they spent around 3 hours.
  • On the other hand, for people aged above 55 years frequency usage is 35% market share, and daily time spent is almost 1 hour.
  • Whereas, the ownership share of Smart TV in North America is about 40% of households, Europe with 35%, Asia-Pacific (20%), and Middle East and Africa at 5%.

By Resolution Statistics

  • In 2023, the Smart TV market has enhanced in recent years, the most available and affordable resolution of Smart TV is 4K with a market share of 60%.
  • Whereas, the 8K resolution of Smart TV is quite expensive than 4K and is not adopted widely around the world thus, holding a 10% market share.

Brand-wise Smart TV Statistics by Resolution

  • Samsung is the biggest brand in the market of Smart TVs and the most sold Smart TV with 4K resolution with 65% sales. Whereas, other sales share by resolution are 8 K (20%) and 1080p (15%) in 2023.
  • LG’s sales share of 4K resolution Smart TV statistics is 70%, others are 8K with 20% sales share and 1080p with 10%.
  • Sony’s sales share of Smart TV with resolution is followed by 4K (60%), 1080p (30%), and 8K (10%).
  • Panasonic’s sales share of Smart TVs with resolution is followed by 1080p (50%), 4K (40%), and 8K (10%).

By Screen Shape Statistics

  • Currently, the most demanding Smart TV screen size is 32 to 45 inches with a revenue share of around 40% with the integration of 4K technology.
  • As of 2023, Smart TV’s most common screen types used are traditional 21:9 (ultra-wide), 16:9 (Widescreen), and 4:3 (Standard) aspect ratios.
  • In recent years, the sales shares of Smart TV screen types are followed by ultra-wide with 20%, Widescreen (75%), and Standard (5%).
  • According to Smart TV statistics, the global Smart TV market of flat screens is more than 80%.
  • In 2023, the largest market share of flat-screen TVs is projected to be $250 billion.

By Screen Size Statistics

  • The shipment of 55-inch Smart TV market share resulted in 35% and is termed as the most popular by the end of 2023.
  • The next closest screen size of Smart TV is 65 inches with 28% market share.
  • Furthermore, other screen sizes of Smart TVs market share are followed by 75 inch (14%), 40-49 inch (12%), 50-54 inch (11%), and 40 inch (1%).

By Distribution Channel Statistics

  • The global Smart TV is sold through E-commerce platforms as a distribution channel by estimating a share of 60%.
  • Smart TV sold via company websites in the same year is expected to be 20% share.
  • The most popular distribution channel for Smart TV is online retailers in 2023 and the market share is supposed to be 45%.
  • Whereas, the market share of Smart TV is followed by brick-and-mortar (35%), and direct sales (20%).

By Regional Statistics

  • The market share of Smart TV in 2023 is experienced by North America with $22.1 billion and annually it is expected to be 0.85% of CAGR from 2023 to 2028.
  • In Africa, the revenue generated in 2023 is accounted to be $2.7 billion with 0.38% of CAGR by 2028.
  • Other revenue in the Smart TV market amounts other regions are followed by America ($29.2 billion), Asia ($32.3 billion), Australia and Oceania ($1.8 billion), Caribbean ($0.5 billion), Central and Western Europe ($19.6 billion), Central Africa ($224.4 million), Central Asia ($260.6 million), Eastern Africa ($0.9 billion), Eastern Asia ($23.3 billion), Eastern Europe ($3.9 billion), Europe ($31.3 billion), North America ($22.1 billion), Northern Africa ($0.5 billion), Northern Europe ($1.8 billion), South America ($6.3 billion), Southeast Asia ($3.6 billion), Southern Africa ($0.4 billion), Southern Asia ($3.7 billion), Southern Europe ($6 billion), Western Africa ($0.6 billion), and Western Asia ($1.4 billion).

Online Streaming Statistics

  • Around the world, almost 1.1 billion people will be using Smart TV in the year 2023.
  • Smart TV owners by 70% are currently using their devices for streaming.
  • Around 76% of Smart TV owners are using Netflix for streaming various shows. Whereas, other online streaming platform shares are followed by Amazon Prime Video (58%), and Hulu (45%)

Indian Smart TV Shipments Statistics

india-smart-tv-shipment

  • The Indian Smart TV market is expecting to ship more than 10 million units by the end of 2023.
  • The market share of top brands of Smart TV is followed by Brand A with 35%, others are followed by Brand B (25%), and Brand C (20%).
  • In the 2nd quarter of 2023, the shipment shares of Smart TVs of different companies are followed by TCL (7.2%), LG (9%), ONEPLUS (9.3%), Samsung (9.6%), MI (9.8%), and Others (55.1%).

Conclusion

As of now, after completing the article on Smart TV statistics it can be clearly stated that in recent years the usage has become popular enormously. Mostly to technological development the market share of Smart TV has increased effectively due to increased demand for high-quality video content, and easy streaming services. This article includes many effective statistics about Smart TV usage around the world will help in understanding the topic better. Let us know, which brand of smart TV you are going to invest in!

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Computer Speakers Statistics 2024 https://www.coolest-gadgets.com/computer-speakers-statistics https://www.coolest-gadgets.com/computer-speakers-statistics#respond Wed, 10 Apr 2024 08:12:56 +0000 https://www.coolest-gadgets.com/?p=3024 Introduction

Computer Speakers statistics: computer speakers or multi-media speakers are a type of speakers designed for use in conjunction with computers, however, they can be used for different audio applications, e.g. for the use of an audio player, for example. The majority of these speakers come with an internal amplifier, and therefore require power sources such as a mains power supply, typically through the AC adapter batteries, an AC adapter, or the USB connection. The statistics of computer speakers is a topic that has been largely ignored and requires to be made more clear.

Signal input plugs are typically one that is a 3.5-millimeter jack plug (usually colored lime green, as per PC 99). PC 99 standard); RCA connectors can be employed in conjunction with the USB port and could provide power and signal (requiring an additional circuit, and only usable in conjunction with computers). Wireless and powered by batteries Bluetooth speakers need no connection at all. Many computers have speakers with low power and of poor quality included. When you connect external speakers, they turn off those built into the computer. Altec Lansing claims to have invented the market for computer speakers in the year 1990.

Key Pointers

  • The market for Speakers will be US$43.7bn by 2023. The market is predicted to increase every year by 6.10 percent (CAGR 2023-2028).
  • Globally, the majority of revenues are derived from China (US$11,500.0m for 2023).
  • In terms of total population numbers, the per-person earnings of US$5.69 are expected to be earned in 2023.
  • In the market for Speakers, it is predicted that the volume will reach 626.7m pieces in 2028. The market for Speakers is predicted to witness a growth of 8.3 percent by 2024.
  • The volume of speakers per person in the speaker market is predicted to be 0.1 pieces by 2023.

Application Insights:

PC, Mac, and Notebook are the major application segments of the global computer speaker market. In 2015, PC dominated this market with a share of over 60%. The increasing usage of personal computers in offices, homes, and other places is one of the key factors driving this segment. Furthermore, the introduction of advanced audio technologies such as surround sound through these devices is also boosting their demand globally.

Mac is the second largest application segment and is expected to grow at a higher rate than PC. This is due to the increasing popularity of Macs in schools and offices, where they are used for audio-visual presentations.

Wireless speakers are also gaining traction in this market as they offer portability and convenience. Notebook speakers are expected to grow at a higher rate than other types of speakers due to their increasing popularity in the business world. They are used for presentations, gaming, and other activities that require high-quality audio.

The Other application segment includes tablets and smartphones. Tablet speakers are used for playing music & and videos on tablets as well as providing alerts & and alarms on tablet devices. Increasing use cases such as watching movies or TV shows on tablets will boost their demand over the forecast period globally.

Moreover, smartphones have been gaining popularity rapidly across all age groups, especially in developing countries like India & and China where internet usage has increased significantly over the past few years.

Computer Speaker The Current Analysis

  • Boston, MA – December 16 15th, 2015 – Music’s main focus in the last decade has been on digital convenience and usability new research from the the global firm of intelligence Strategy Analytics reveals how sound quality has been neglected since speakers with low quality are now the main way users listen to music.
  • The built-in speakers of laptops and desktops are among the most popular methods Americans consume music (cited in 55% of those surveyed) then headphones attached to an external device (41 percent) and separate radios (41 percent) and TVs with built-in speakers (29 percent).
  • With radios included, only four of the top ten most used are specifically designed music playback devices, such as wireless loudspeakers (12 percent) as well as wireless speakers (11 percent), and docking stations for speakers (10 percent).

how-americans-listen-to-music

(Reference: strategyanalytics.com)

Even with the devices’ low quality 43% of users are “very satisfied’ with audio quality while 26% are “somewhat content’.

“Music’s primary focus in the last decade has been on the ease of use and being able to access it onto the most devices possible while audio quality has been overlooked or omitted in this race to portability,” says David Watkins, Strategy Analytics’ director of Connected Home Devices. “It’s been a breeding ground for a new generation of listeners that haven’t experienced what it’s like to enjoy high-quality audio and, as a result, is already ringing the death knell to audio systems like the hi-fi systems.”

However, awareness of the issue grows, it is evident through the likes of legendary music producer Neil Young – who removed his music from Spotify due to the sound quality and established a company called Pono that provides high-quality music sound more than fifty percent (51 percent) are interested in quality audio.

Watkins says: “There is an appetite for consumers to push beyond what they currently have, but businesses face a challenging task of convincing consumers to invest in higher-end equipment. It’s only the beginning of a long process to gain the market to accept that we should move back to audio that is of high quality.”

How Many Brands Have Stereo Speakers?

The market for stereo speakers has seen significant growth during the past few years. After a decline from 24 to 23 billion U.S. dollars in 2022, the stereo speaker market is predicted to grow once more soon.

This trend is evident in the size of the market which is expected to exceed 240 million units by 2023.

The Computer Speakers statistics are a subject that can be studied more thoroughly.

Several consumer electronics manufacturers have made their entry into the stereo speaker market and Sonos, Sony, and Harman being among the leading market players. In particular, in 2022, Sonos recorded about 1.4 billion U.S. dollars in revenue from stereo speakers. Sony reported revenues that were 2.4 billion U.S. dollars from its audio and video division in the financial year 2021.

On average, speakers cost around 105 U.S. dollars in 2022 however, depending on their capabilities and features they can cost upwards of 500 euros. For example, the Harman Kardon Citation 200 was deemed the top wireless speaker, selling between 499 and 200 euros.

-brand-shares-beta-2022-in-percent

(Reference: statista.com)

A Rise in the Popularity of Smart Speakers

In the last few years, Google as well as Amazon, two of the biggest tech companies have entered the market of speakers with their smart speakers. In general, the market for smart speakers has seen a dramatic increase in the past 10 years with revenue forecast to surpass 18 billion U.S. dollars in 2023.

It is the Google Home and Amazon Echo are the most popular on the market and have transformed the speaker’s role from one that piped music to your home, to one that allows you to organize your day, respond to your questions, and even control certain areas of your home.

For example, in a 2022 Statista study of speakers that are used in U.S. homes, Amazon topped the top of the list of speakers owned by the majority of households with a clear lead over audio brands such as Pioneer as well as Harman. Computer speaker statistics show an accelerated increase in popularity of the same.

Important Computer Speakers Statistics

#1. 43 million Americans have a Smart Speaker

The majority of these reside in California and are 18 percent of the adult population. Netflix is home to more than two times the number of subscribers as smart speakers, however getting close to 20% penetration of any electronic device used by consumers is an impressive feat, especially within a small amount of time.

#2. Smart Speaker’s Ownership varies Little in Age

Perhaps more than any other technology device, smart speaker use has been welcomed by Americans of all ages. The rates of ownership of these gadgets are equal for those who are 35 and 45 or 55 years old.

smart-speakers-ownership-varies-little-by-ag

(Reference: convinceandconvert.com)

#3. Smart Speakers owned More of the time by women

Today, 54% of all owners of smart speakers are female.

#4. In 2018, The Majority Of Smart Speaker Owners are Very New Users

According to the Smart Audio report found that 3/4 of the owners of smart speakers have owned their devices for less than a year, with the remainder (26 percent) falling into the category of first adopters and having their Amazon Alexa or Google Home for longer than 12 years.

#5. When You Have a Smart Speaker, You’ll Usually Make use of it more often than when You Purchased it initially.

Some of the more fascinating results of this report were it shows that the majority of first users (who have had the smart speaker for more than a single year) utilize the device more frequently than they did during the first month of possession. This is particularly evident for those who are new buyers with 54% who are claiming to utilize their smart speakers more frequently than they did in the first month.
This is a fundamental statement about the wide-ranging capabilities of these electronics for the consumer market as well as the desire of owners to find ways to make use of smart speakers in their daily lives.

#6. Once You Have an Audio Speaker, you’ll likely purchase more

About 50 percent of Americans who own a smart speaker have at least two of these gadgets. And among owners who have owned an intelligent speaker for more than a year 27 percent have three or more devices.

#7. Smart Speakers are Probably to be the most dominant Audio Player

The sources for audio-related listening are numerous and diverse including audiobooks, AM/FM radios, car stereos, smartphones, and much more, it’s amazing that, among those who have owned a smartphone or smart speaker for more than a year, they are the ones that listen to the most frequently.

It’s not the case with newer owners of smart speakers which confirms the conclusion of this Smart Audio report that as users spend more time on the devices, they use them more frequently and in a variety of ways. Statistics on computer speakers show an increase in the volume of audio players that dominate the market.

#8. Podcast listeners love Smart Speakers

For the younger (less than a year old) users of these smart devices 39% listen to podcasts through the devices at least once every week. A staggering 70% of the group have heard a podcast in the past through the Amazon Alexa or Google Home device.

(Source: convinceandconvert.com)

#9. Smart Speakers Could Solve Problems with the “Podcast Discovery” Problem

The development of the podcast (see our most important podcast statistics for 2018 in this Computer Speakers statistics) was steady however without an actual breakout moment. The theory has been around for years that the main thing hindering the growth of podcasts has been the simple requirement to install a podcast application for your smartphone, laptop, or car, and then search for or “discover” great shows that are worthy of your attention.

The latest report from Edison Research suggests that smart speakers could address this omission. 74 percent of owners of smart speakers that listen to audiobooks do it directly on their device that is, they tell the device “Alexa start playing”the Social Pros podcast” (my podcast). It’s as simple as it gets and could lead to an era of more podcast listening.

#10. The Smart Speaker’s Education Program is the Key to Unlocking Use

Being a very early adopter of the smart speaker technology myself, I completely believe this conclusion in the report:
65 percent of the new owners of smart speakers claim they don’t have enough knowledge about the capabilities of the device. accomplish.
Every second you will find a new recipe, tool, or voice command which your smart speaker will communicate with. I get regular emails from Amazon with new updates however, it’s akin to drinking from a swimming water pool using straws. There has to be a better method to discover how to get the most value of smart speakers.

#11. Smart Speakers are Accessible to the Whole Household

In addition to Television, these smart devices might be the most popular technology that has ever been developed for the consumer. Seventy-three percent of users say that their children at home utilize smart speakers. Amazon Alexa or Google Home device.

#12. “Word of Mouth” is driving Smart Speakers Adoption

We’ve not seen a large amount of advertisements on these devices because advertising is usually not needed. The owners of smart speakers are driving to the next stage of use via word-of-mouth or by gifts.

In reality, 61% of all new owners of smart speakers have urged their acquaintances to buy an item.

#13. Smart Speakers’ Usage Spawns more reliance on voice assistance

Once you’ve switched to voice, you will never return. In the case of new owners of smart speakers (less than a year), 56% are also making use of the voice assistant feature on their phones more frequently.

#14. Smart Speakers are Snatching Share from Other Media

Once you have started using the smart speakers, you could be able to see the time available for other media formats to decrease. For example, among smart speakers:

#15. 45 percent of listeners are tuning in to less radio

  • 38% of people use their phones less
  • 32% are less likely to read magazines and newspapers
  • 29% of them are not watching as much television.

This suggests the likely possibility that the smart speaker may not just be the primary music device, but will also be the main entertainment hub and information retrieval device for millions of Americans.

#16. Smart Speaker owners are 2018 tolerant Of Brand Engagement

One of my favorite facts in the Smart Audio Report is the fact that 8/10 smart speakers are open to new skills and features developed by brands. Compare this with the 49 percent of Americans who have at least one brand’s Facebook page and you will see that the smart speakers in 2018 have been more attracted (for at least the moment) to engaging with brands on this level.

Regional Analysis:

North America is expected to be the largest regional market, followed by Europe. The growth in North America can be attributed to increasing demand from end users such as businesses and home consumers, as well as the presence of large multinational companies. In Europe, the growth is mainly driven by the increased adoption of technology in households and small businesses. Computer speaker statistics is a crucial point that is to be studied.

Latin America is expected to grow at a slower pace than other regions over the forecast period. This can be attributed to factors such as high levels of poverty and low levels of digital literacy in many countries in Latin America. Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period.

The growth can be attributed to increasing disposable income, coupled with the rising adoption of technology in developing economies such as China and India. Furthermore, the growing demand for high-quality sound systems in cars and homes is anticipated to drive regional product demand over the forecast period.

Computer Speakers Market

The companies profiled in this report include:

  • Philips –  Koninklijke Philips revenue for the period ending September 30th, 2023 was $4.866B which is an increase of 9.47 percent increase from year to year. Koninklijke Philips revenue for the twelve months ended September 30 2023 was $14.213B and an increase of 27.6 percent decrease year-over-year.
  • Samsung Electronics –  Samsung Electronics today released figures for its third-quarter financials which ended September 30th, 2023. The total revenue of the company reached KRW 67.40 trillion. That’s which was an increase of 12% from the previous quarter, mostly due to the release of new smartphones as well as higher prices of premium display devices.
  • Creative – Creative Newtech Ltd’s revenues jumped 32.65 percent from a similar period to Rs432.81Cr during the quarter 2 2023-2024. From a quarter-to-quarter growth perspective, Creative Newtech Ltd has produced a -8.17 percent decrease in revenue over the last three months.
  • Edifier Exclaim – Founded in May in Beijing, Edifier is the creation of a small team of music enthusiasts who were enthused and entrepreneurial. In the last twenty-five years, Edifier was guided by the tenet “passion for sound” which has helped the company establish itself as a world-class designer and manufacturer of award-winning audio systems.
  • Polk Audio – Polk Audio’s total revenue was $13.1 million. Polk Audio’s peak revenue was $13.1M in 2022.
  • Bose Non-voting shares were donated to MIT by the founder Amar Bose, and receive cash dividends. According to the Annual Report for the fiscal year 2021 year, Bose Corporation’s annual revenues were $3.2 billion. The company employed a total of 7,000 employees.
  • Sony – Sony earnings for 12 months that ended the 30th of September, 2023, was $88.935B which is a 6.11 percent increase over the previous year. Sony’s total revenue in 2023 stood at $85.395B which is which is a 3.29 percent decrease from 2022. Sony’s total revenue in 2022 stood at $88.301B that’s which is a 4.38 percent increase over 2021.
  • Harman – The worldwide earnings of Harman totaled around 2.9 million U.S. dollars in the third quarter of 2023.
  • Audio engine Audio Engine – The Story of Audio Engine, is a Texas independent audio company established in Austin, Texas.
  • Jamo – Klipsch Group, Inc. is the main company behind Klipsch Audio Technologies, also is the owner of the Danish company that makes loudspeakers, Jamo, and in 2006 purchased the brands Mirage, Athena, and Energy from Audio Products International (API) from Canada.
  • Sansui Sansui Sansui Electric Co. Ltd. – is a Japanese producer of video and audio equipment. The company’s headquarters are in Tokyo, Japan, it was a part of the Bermuda conglomerate. The company was established in Tokyo around 1947. It was founded by Kosaku Kikuchi, who had been employed as an electronic part distributor in Tokyo before but also throughout World War II.

Conclusion

Understanding the reason and where to put them should be a top priority before you buy a set of speakers. If you don’t, you’ll end up purchasing the wrong model for your needs. In this Computer Speakers statistics, I’ve shown the most commonly used and well-used speakers that you could consider useful. The truth about the various kinds of speakers is nearly identical. Some speakers can produce top quality and have a broad range of sounds however others might not provide enough. However, external speakers can greatly enhance the quality of your films and music and movies. Statistics on speaker performance from computers can tell us the research behind the necessity for smart speakers up to now.

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Smart Dishwasher Statistics 2024 By Market Share, Region and Sales https://www.coolest-gadgets.com/smart-dishwasher-statistics https://www.coolest-gadgets.com/smart-dishwasher-statistics#respond Thu, 22 Feb 2024 03:05:18 +0000 https://www.coolest-gadgets.com/?p=2990 Introduction

Smart Dishwasher Statistics: As the world is enormously growing with advanced technology and in recent days we are directly or indirectly dependent on smart devices within our daily routine. The Smart Dishwasher is an important smart gadget that helps clean dishware, cookware, and other cutlery items automatically. The overall market has been gaining huge growth and opportunities in recent days due to its advanced process of dishwashing. As the demand for modern kitchen renovations is increasing thus, the sales of freestanding smart dishwashers and built-in dishwashers are also increasing.

Are you thinking of purchasing a smart dishwasher this year 2024? Then this Smart Dishwasher Statistics will positively guide you in every aspect as it includes detailed statistical analysis. Hope after going through the paper you get a clear idea of which dishwasher is better for your home.

Editor’s Choice

  • Global Smart Dishwashers market valued at USD 5.59 billion in 2023.
  • Expected growth to USD 7.29 billion by 2027, with a CAGR of 6.9% (2023-2027).
  • US projected revenue for smart dishwashers in 2023: USD 3.45 billion.
  • Two types of smart dishwashers: small-size freestyle for residential use, and large-scale freestyle for commercial purposes.
  • Asia Pacific to lead the market, according to Maximum Market Research.
  • By 2029, market size estimated at USD 6.94 billion, growing at a CAGR of 13.9% (2023-2029).
  • Anticipated market size by 2026: USD 5.3 billion, with a growth rate of 14.4% CAGR (2020-2026).
  • Overall dishwashing machines market in 2023 valued at USD 26.25 billion, with a 3.69% annual growth rate (2023-2028), per Statista.
  • 2023 revenues in other regions: Japan (USD 0.58 billion), Indonesia (USD 173.10 million), UK (USD 0.75 billion).
  • Built-in dishwashers segment expected to see the highest growth, with a CAGR of 10.2% (2021-2030).
  • The Asia Pacific region is anticipated to hold the highest share in the smart dishwasher market. This dominance is attributed to rapid urbanization, rising living standards, and the increasing adoption of smart home appliances in countries like China, Japan, and India​​.
  • Key players in the global smart dishwasher market include renowned brands such as Robert Bosch GmbH, LG Electronics, Samsung Electronics, Haier Group Corporation, Electrolux AB, Whirlpool Corporation, Miele & Cie KG, Panasonic Corporation, and several others. This competitive landscape highlights the significant investment and innovation driven by leading manufacturers to capture market share and cater to evolving consumer demands​​.

What is a Smart Dishwasher?

This is a dishwashing machine that is embedded with smart technology and allows users to control all processes remotely. Smart dishwashers can be connected to many smart devices, Smartphones, and the internet and such connectivity provides more control to users through commands on apps. The uses are currently increasing both in household and commercial sectors.

Advantages of Smart Dishwashers

  • Remote Control and Monitoring: Users can control and monitor their smart dishwashers from anywhere using smartphone apps, receiving alerts for detergent levels and cycle completions, enhancing convenience and ensuring efficient operation.
  • Enhanced Cleaning Performance: These appliances can regulate water temperature during cycles for superior grease and stain removal, thanks to customized cleaning algorithms.
  • Error Diagnosis and Preventive Maintenance: Smart dishwashers utilize advanced sensors and algorithms to diagnose issues and identify potential problems in real time, facilitating quick maintenance and optimal performance.
  • Adjustable Wash Settings: They offer the flexibility to adjust wash settings, including water temperature, pressure, and cycle time, ensuring effective and personalized cleaning for every load.
  • Water & Energy Usage Tracking: An essential benefit is the ability to monitor water and electricity usage, helping users understand and modify their usage patterns to conserve resources and reduce utility bills.
  • Load Detection & Optimization: Innovative load-detecting technologies estimate the number of dishes and adjust the cleaning cycle accordingly, conserving resources and improving efficiency.
  • Cycle Progress Notifications: Users receive real-time updates on their wash cycle status directly to their smartphones, allowing for better time management without needing to check the dishwasher physically.
  • Eco-Friendly Wash Cycles: Smart dishwashers offer energy-saving and eco-friendly cycles that minimize water usage through advanced water filtration systems and innovative cleaning methods.
  • Intelligent Load Optimization: Artificial intelligence algorithms optimize water usage based on previous washes’ data, adjusting water usage for efficient operation without compromising cleaning performance.
  • Customization and Personalization of Settings: Users can tailor wash cycles, adjust water pressure, select wash temperatures, and choose drying options, making the cleaning process optimal for specific needs and preferences.
  • Smart Home Integration: These appliances can integrate with smart home ecosystems, enhancing personalization and convenience by allowing users to control their dishwasher in harmony with other smart devices.
  • Energy-Efficient Operations: Smart dishwashers, especially those integrated with Home Connect, save on water and energy through modern sensor technology and efficient program selection.

Technology Used in Smart Dishwashers

(Source: intuz.com)

  • Wi-Fi connectivity: in such cases, dishwashers can be controlled and monitored remotely via connecting through a Smartphone application, which allows users to start and stop the machine from a distance.
  • Voice control: this allows control of dishwashers through voice commands via Google Assistant or Amazon Alexa by which users can check the status, on and off the machine whenever required.
  • Sensor technology: A smart dishwasher includes a variety of sensors for saving energy and enhancing performance. Sensors can gauge how dirty the dishes are and also ensure effective cleaning with the least amount of water.
  • Auto-Dosing systems: These dishwashers automatically dispense the required amount of detergent for cleaning. The system mainly depends on load size, chosen program, and soil level.
  • Energy Monitoring: This is another effective feature that is available in smart dishwashers which help in tracking the time of energy usage.
  • Remote Diagnostics: Special ability to troubleshoot and self-diagnose within any certain situation by alerting users and even sending error reports to the manufacturer.
  • Customized program: These sensors are customized for extremely soiled dishes, delicate plates, rapid washes, etc.
  • Top companies of global smart dishwashers are followed by Samsung, BSH, GE, Whirlpool, LG, Electrolux, Miele & Cie, Robert Bosch GmbH, Panasonic, Haier Group Corporation, Aga Rangemaster Group, Asko Appliances AB, Dacor, Fagor America, Hoover Candy Group, Sears Brands, SMEG, VESTEL, Xiaomi Corporation, etc.

Smart Dishwashers Trends

  • Smart Technology Integration: The kitchen is becoming increasingly connected, with smart dishwashers that can be controlled via smartphone apps or voice commands. This integration extends to other smart kitchen appliances, enhancing efficiency and convenience in the kitchen.
  • Energy and Water Efficiency: There’s a growing emphasis on eco-friendly appliances. Smart dishwashers now come with features that minimize water usage and optimize energy consumption, contributing to a more sustainable household.
  • Customization and Personalization: Users can now adjust dishwasher settings to their specific needs, from selecting the appropriate wash cycle to customizing the drying options and even scheduling the wash for a convenient time.
  • Voice Control and Connectivity: Major players are integrating voice-controlled personal assistant services with their appliances, making it easier for users to operate their dishwashers using simple voice commands. This trend is expected to grow as more households adopt smart home technologies.
  • Innovative Features for Efficiency: New smart dishwashers boast innovative features such as load sensing, which optimizes water and energy usage based on the size of the load, and soil sensors to adjust the wash cycle for maximum cleaning efficiency.
  • Market Growth and Consumer Demand: The demand for smart kitchen appliances, including dishwashers, is on the rise, driven by the consumer desire for convenience and efficiency in the kitchen. Energy efficiency concerns are also fueling the demand for smart kitchen products.
  • Regional Market Insights: The United States, China, and India are significant markets for smart dishwashers, with varying rates of adoption and growth. The U.S. remains a leading consumer, while China and India are rapidly growing markets due to increased consumer spending and the adoption of smart home technologies.

Smart Dishwasher Statistics by Countries

  • United States: Projected revenue of USD 3.45 billion.
  • Albania: Market size of USD 11.48 million.
  • Algeria: Expected revenue of USD 164.50 million.
  • Angola: Anticipated market size of USD 199.80 million.
  • Argentina: Close to USD 199.30 million in revenue.
  • Armenia: Market size around USD 18.75 million.
  • Australia: Expected revenue of USD 390 million.
  • Austria: Anticipated market size of USD 169.40 million.
  • Azerbaijan: Projected at USD 69.38 million.

Smaller market sizes but noteworthy contributions include:

  • Bahrain: USD 11.70 million.
  • Bangladesh: A significant USD 289.40 million.
  • Belarus: USD 63.89 million.
  • Belgium: Market size of USD 206.70 million.

Larger economies showing strong market presence:

  • Brazil: USD 330 million.
  • Canada: A robust USD 410 million.
  • China: Leading with USD 640 million.
  • Egypt: Notable revenue of USD 450 million.

European countries with significant market sizes:

  • France: USD 950 million.
  • Germany: Leading Europe with USD 1.51 billion.
  • Italy: USD 790 million.
  • United Kingdom: Strong market at USD 750 million.

Asian markets with potential growth:

  • India: USD 550 million.
  • Indonesia: USD 173.10 million.
  • Japan: Significant revenue of USD 580 million.

Smart Dishwashers Statistics by Segmentation

(Source: alliedmarketresearch.com)

  • The Smart Dishwasher market is segmented into product types built-in dishwashers, portable dishwashers, and drawer dishwashers.
  • The highest segment is going to experience built-in dishwashers with a CAGR of 10.2% from 2021 to 2030.
  • According to research published by Allied Market states that in 2030 the distribution channel of the online retail segment is going to be the highest with a CAGR of 11.2%.
  • The Asia-Pacific is going to be the largest region in adopting smart dishwashers with a CAGR of 11.1% by the end of 2030.
  • Whereas, in 2022 the largest market share of smart dishwashers was achieved by the Asia Pacific region.

Recent Development

  • Bosch Home Appliances launched a comprehensive update to its dishwasher portfolio, introducing the PowerControl™ spray arm technology in its 800 and Benchmark Series models. This technology offers a more powerful clean and allows for flexible placement of items in the lower rack, addressing the common household debate on the correct way to load a dishwasher. The new line also features CrystalDry™ technology for superior drying results and Home Connect® for enhanced connectivity and control.
  • Haier Europe expanded its manufacturing presence in Europe by opening a new dishwasher factory in Eskisehir, Turkey, in November 2022. This move is part of Haier Smart Home’s strategy to strengthen its position in the global appliances market.
  • GE Profile™ introduced a dishwasher with Microban® Antimicrobial Technology in September 2021, aimed at preventing the growth of bacteria on key touchpoints within the dishwasher. This product also features the UltraFresh System™ for odor prevention, showcasing an emphasis on hygiene and cleanliness.
  • The Embedded Smart Dishwashers Market report highlights the sector’s focus on competitive developments such as new product launches, market acquisitions, and technological innovations. It also points to a significant interest in product segments and application spectrum analysis, offering strategic recommendations for both new entrants and established players to gain a competitive edge.

Smart Dishwasher Statistics by The U.S. Market

dishwashing-machines-united-states-revenue.

(Reference: statista.com)

  • In the United States revenue generated by smart dishwashers is going to account for around $3.45 billion in 2023 with a revenue change of 2.4%
  • However, by 2028 the market size is expected to reach $3.84 billion with an annual growth rate of 0.4% from 2023 to 2028.
  • As of 2023, the market of energy-efficient and smart dishwashing machines is growing enormously in the U.S.
  • In the U.S. the average market volume per household is estimated to be 0.4% units by the end of 2023 and revenue generated per household is $25.92.

Smart Dishwasher Statistics by The Indian Market

-indian-dishwasher-market-usd-in-million

(Reference: afaqs.com)

  • According to a report published by Mordor Intelligence states that the global market of smart dishwashers is going to be $7.2 billion by the end of 2025 at a CAGR of 5% from 2020 to 2025.
  • Whereas, in India, the global market value is predicted to reach almost $56 million by 2026, with a compound annual growth rate of 9.255 from 2021 to 2026.
  • In 2023, the market leader of smart dishwasher manufacturers is Bosch with more than 50% of the share.

Top Smart Dishwashers by Price Index

#1. Bosch SGX78B55UC (built-in dishwasher)

 Bosch-SGX78B55UC-DISHWASHER

(Source: makeuseofimages.com)

This is 24 inches long and made up of stainless steel Smart Dishwashers are mostly used for residential purposes, which include 3 racks, and work with smart things, Amazon Alexa, and Google Assistant. The only consequence is it’s most expensive and costs around $1350.

#2. LG LDPS6762D (built-in dishwasher)

LG-LDPS6762D-DISHWASHER

(Source: makeuseofimages.com)

The main feature of this Smart Dishwasher is compatible with Amazon Alexa and Google Assistant, a remote controlling facility via the LG ThinQ app, and TrueSteam with Sanitization with a stylish and minimalist design. However, it includes a specific consequence of drying that could be a little better and the cost is around $900.

#3. Bosch SPE53B56UC (Slimline smart dishwasher)

Bosch-SPE53B56UC-DISHWASHER

(Source: makeuseofimages.com)

This Smart Dishwasher is 18 inches long and requires less space than others with 3 racks and 10 place settings. The positive features are small and compact, controlled with voice assistants, smart watches, and smartphones with 5 different wash cycles. The cost of the dishwasher is around $1000.

#4. Sharp SDW6767HS (family-friendly smart dishwasher)

Sharp-SDW6767HS-DISHWASHER

(Source: makeuseofimages.com)

This Smart Dishwasher is available at $700 and is easily compatible with Amazon Alexa. The special features are a child lock option, 14 place settings, LED lights for effective guidance in the dark, and 6 cleaning cycle options. This is a great option for residential uses.

#5. BLITZHOME Portable Dishwasher

BLITZHOME-Portable-Dishwasher

(Source: makeuseofimages.com)

These are mostly used in smaller homes with a capacity of 5 liters also include 5 wash programs, and app control, and can be operated within 30 minutes. Special features are baby care mode, 360-degree water coverage, and great space saver. Other disadvantages are app functions and capacities are limited. The smart dishwasher is available for $280 at Amazon.

Conclusion

After completing the article on Smart Dishwashers Statistics it is clear that the demand in this market is increasing enormously. They are mostly flexible and highly efficient due to the enhancement of technological features and are also termed as part of smart home design. As mentioned above this smart machine helps in monitoring every function via smart devices. This article includes a detailed description of the market share, advantages, countries, types, and technology with possible current statistics; hope the above stats will help you understand the topic better.

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Gaming Earbuds Statistics 2024 By Region, Market Players, Distribution Channel and Price Point https://www.coolest-gadgets.com/gaming-earbuds-statistics https://www.coolest-gadgets.com/gaming-earbuds-statistics#respond Thu, 08 Feb 2024 17:15:32 +0000 https://www.coolest-gadgets.com/?p=2937 Introduction

Gaming Earbuds Statistics: As of reports, the global marketplace of gaming earbuds is expected to reach above $3.7 billion by the end of 2029. The use of gaming earbuds has increased to fulfill the demands of gamers’ needs as they enable the effective feature of communicating with fellow online gamers. This earbuds are used in different types of gaming computers and consoles. Due to the advancement of technology earbud manufacturing is increasing with more advanced features such as noise cancellation, better sound quality, and low latency.

These gaming earbud statistics include insights from various aspects that provide light on how fast the earbud industry is growing enormously around the world.

Editor’s Choice

gaming-earbuds-market

(Source: globenewswire.com)

  • The global market for gaming earbuds was valued at $2,229.8 million in 2022.
  • It’s expected to grow to $2,826.5 million by the end of 2029, with an annual growth rate of 3.4% from 2023 to 2029.
  • By 2031, the market for gaming earbuds worldwide is predicted to reach $3,601.3 million.
  • The gaming earbud market’s growth rate from 2022 to 2029 is estimated at 8.6% per year, according to maximize market research.
  • In 2023, the Asia-Pacific region held the largest portion of the market, making up 43% of the global gaming earbud industry.
  • Razer Inc. has the largest share in this market, with 33.80%.
  • Wireless gaming earbuds are becoming more popular than other types.
  • Specialty stores are the leading distribution channel, holding a 33% market share.

Facts About Gaming Earbuds

  • The compound annual growth rate of the gaming earbuds market is expected to grow by 8.6% from 2023 to 2029.
  • As of 2023, the largest market share in this industry is going to be captured by Asia-Pacific, which is followed by North America, Europe, Middle East Africa, and South America.
  • The top manufacturers of gaming earbuds in 2023 are Razer Inc., HyperX, Logitech International SA, Turtle Beach Corporation, and Sennheiser Electronic GmbH & Co. KG.
  • Gaming earbuds are segmented into 5 types wireless, sub-type, truly wireless, collared, and wired.
  • The distribution channel of the gaming earbuds market is segmented into hypermarkets and supermarkets, specialty stores, brand stores, and online stores.
  • The best features of gaming earbuds are hyper sync low latency, quick and easy touch controls, high fidelity audio, optimized mic, battery life of 31 hours, and water and splash resistance.

What are Gaming Earbuds?

The gaming earbuds are specially designed to enable a competitive edge over the entire online gaming platform. Gaming earbuds are included with some special features that are not available in normal headphones or headsets such as noise cancellation, EQ presets, and surround sound.

By Region

-global-gaming-earbuds-market-by-region-

(Source: maximizemarketresearch.com)

  • As of the above graph analysis, the largest market share in this industry is going to be captured by Asia-Pacific, which is followed by North America, Europe, Middle East Africa, and South America.
  • As of 2023, the largest market is going to be accounted for by the Asia-Pacific region with a 43% share.
  • Furthermore, other regions global gaming earbuds market shares are followed by North America (23%), Europe (16%), Middle East Africa (12%), and South America (8%).

By Market Players

gaming-earbuds-market-competitive-landscape-by-market-players

(Source: maximizemarketresearch.com)

  • As of 2023, over the global gaming earbuds market player the highest share is expected to be achieved by Razer Inc. with 33.80%
  • Furthermore, the market shares achieved by other manufacturers are followed by Hyper X (13.10%), Logitech International SA (12.90%), Turtle Beach Corporation (9.50%), Sennheiser Electronic GmbH & Co. KG (6.70%), and Others (24%).

By Distribution Channel

-gaming-earbuds-market-share-by-distribution-channel-in-2022

(Source: maximizemarketresearch.com)

  • The highest market share earned by the distribution channel is specialty stores with 43% in the year 2022. The specialty store segments mainly sell in stores that specialize in electronic products.
  • Furthermore, the market share of gaming earbuds by distribution channels is followed by hypermarkets and supermarkets (33%), brand stores (9.50%), and online channels (15%).
  • Other selling is followed by Hypermarkets and Supermarkets segment (large retail chains), Branded stores (directly through retail stores), and online channels (e-commerce website and online marketplaces).

By Price Point

(Source: maximizemarketresearch.com)

  • As of the above graph, the global market share of gaming earbuds into price point segments are economic and premium.
  • In which the economic segment is going to dominate across the market with a 42% share and the premium segment by 30% share in 2022.
  • The market size of the gaming earbud market by price point is going to be doubled by the end of 2029.

By Reasons

  • According to a survey by Statista, in the United States, 75% of people claimed that the main reasons for using earbuds are better sound quality, comfort (71%), price (54%), and durability (42%).
  • Furthermore, other reasons statistics by American people share are followed by weight (29%), size (28%), noise cancellation (27%), design (25%), natural sound (23%), availability of various types of earbuds (23%), different brands and specification (20%), powerful bass (20% ), and wireless data transmission (14%).

Best Gaming Earbuds

(Source: multitools.newscdn.com)

  • JBL Quantum TWS Noise Cancelling Gaming Earbuds, which cost around $229.95
  • The advantages are dual connection, low latency, quick pairing, and easy touch control.
  • These earbuds are compatible with PS5, PC, Nintendo Switch, and mobile.
  • Enables above 16 hours of battery life with a charging case.

 RAZER-HAMMERHEAD-HYPERSPEED

(Source: multitools.newscdn.com)

  • Razer Hammerhead HyperSpeed Wireless Multi-Platform Gaming Earbuds cost almost $285.95
  • The advantages are excellent audio quality, dual Bluetooth and 2.4GHz, low latency, and active noise cancellation.
  • The device is compatible with PS5, PC, Nintendo Switch, mobile, and Xbox versions too.
  • Enables above 32 hours of battery life with a charging case.

STEEL-SERIES-TUSQ

(Source: multitools.newscdn.com)

  • Steel Series TUSQ is available at $74.99 – $79 (Amazon)
  • The benefits are a detachable boom mic, great recording quality, multi-platform functionality, lightweight, and comfortable design.
  • The device is compatible with PS5, Xbox series X, PS5, PC, Nintendo Switch, and Android.

EPOS-GTW-270-HYBRID

(Source: multitools.newscdn.com)

  • EPOS GTW 270 Hybrid Truly Wireless, costs around $240 (Amazon)
  • This device is compatible with PS5, PS4, PC, Nintendo Switch, and Mobile.
  • Enables above 20 hours of battery life with a charging case.
  • The advantages are great sound quality, multi-platform compatibility, including a dongle of 2.4GHz, fitted comfortably, and IPX5 rating.

SOUND-PEATS-CYBERGEAR

(Source: multitools.newscdn.com)

  • Sound PEATS CyberGear Wireless, costs around $63.99 easily available at Amazon.
  • The device is highly compatible with PC, Switch, and mobile.
  • The advantages are a long battery life of over 26 hours, a cool charging case with RGB lighting, great audio quality, low latency, and multi-connection.

Conclusion

As of today, after completing the article on Gaming Earbud Statistics it is clear that the market size is growing rapidly around the world most in the Asia Pacific region. The best features of wireless earbuds used in gaming industries are versatile, portable, lightweight, and low latency which are easily compatible with PC, mobile, console, cloud, etc.

This article includes necessary statistics that are explained elaborately above; hope will help you understand the topic accordingly.  Are you a Gaming geek? And still unaware of these earbuds, then I suggest you try them to experience the ultimate satisfaction of the gaming world.

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Bluetooth Shower Speaker Statistics 2024 https://www.coolest-gadgets.com/bluetooth-shower-speaker-statistics https://www.coolest-gadgets.com/bluetooth-shower-speaker-statistics#respond Thu, 08 Feb 2024 17:08:28 +0000 https://www.coolest-gadgets.com/?p=2932 Bluetooth Shower Speaker Statistics: Shower speakers are Bluetooth speakers specifically designed for use in humid areas such as showers or in general bathroom baths. Shower speakers can also be found that use Wi-Fi but this is a rare feature. The speaker needs to be connected to a Bluetooth device. It is typically an Android or a tablet. It is the device that serves as the source for music to be played via the speaker.

The worldwide Bluetooth Shower Speakers Market for Statistics is anticipated to expand at an annual rate of 9.5 percent from 2022 until 2030. The market’s growth is due to the rising demand for wireless and portable speakers, increasing disposable income, as well as the rising trend of using smartphones in bathrooms.

Shower speakers must first be able to handle water splashes. This resistance is measured through the IP ( Ingress Protection) index, which must be listed in the description of the item. The most commonly used index will be that of the IPX4 index. It signifies how the gadget is secure from splashes.

Others offer better security, for instance IPX7. In this instance, the enclosure is submerged to a depth of one millimeter for an hour. [citation needed. Then it is considered water-proof. Certain models, which are rarer offer protection to index 8.

It is estimated that the Bluetooth Shower Speaker Statistics market is divided into segments according to type, use, and location. A water-resistant Bluetooth speaker can be connected with other devices that are connected, such as computers, phones tablet computers, iPods as well as other compatible devices that have Bluetooth connectivity. The waterproof function is assessed by an ingress protection (IP) rating. IP rating. It classifies and rates the level of protection against solids and liquids offered with electrical enclosures.

The frequent exposure of your speaker to salty or soapy water can cause damage to the surface of your speaker over time, particularly if it’s covered with cloth instead of silicone or other plastic. Some manufacturers suggest against placing speakers in areas that are hotter than 95degF (35degC) which is why it’s best to keep them out of direct contact with shower water if your water is hotter. It’s also recommended to make sure the ports on your speaker are clean before charging and using them.

Editor’s Choice

  • The global market for wireless Bluetooth speakers was valued at approximately $6,988.3 million.
  • Portable Bluetooth speakers led the market, accounting for 68.3% of it.
  • Speakers with a power range of 11 to 30 Watts were the most popular, making up 61.6% of the market.
  • For personal use, these speakers were the choice for 81.7% of consumers.
  • Online platforms were the primary method of purchase.
  • North America was at the forefront, generating 37.5% of the total market revenue.
  • The trend towards portable audio solutions is boosting demand for these speakers.
  • The main drawback is the limited battery life of these speakers.
  • Integrating these speakers into smart home ecosystems presents new market opportunities.
  • There is a growing preference for speakers that are easy to carry and durable.
  • Notable companies include Bose Corporation, Sony Corporation, and Harman International.

Shower Bluetooth Speakers Market Analysis

 

 

(Source: mordorintelligence.com)

The Bluetooth Shower Speaker Statistics The market size is anticipated to increase by a staggering 11.56 billion as of 2022 to 31.84 billion by 2028. This will result in an annual growth rate of 18.43 percent over the forecast timeframe (2023-2028). The shift of consumer preference towards portable and wireless speakers over cables has led to increased demand for wireless speakers. In addition, the growing demand for battery-powered and low-maintenance equipment for outdoor use and the growing use of Bluetooth in audio and video industries are also driving up the demand for products.

  • These speakers can be described as audio speakers that employ the same technology used in car radios. They are connected directly to audio and do not require wires. This allows the speaker to move around and still play an audio track. Recently, several technological advances have been seen in Bluetooth connectivity to improve the privacy and quality of sound. In May 2023, Promate introduced its very first Bluetooth speaker, called Glitz-L in India. The portable outdoor speaker improves listening experiences by incorporating Lumi Sound technology, bringing 360-degree surround sound and lighting effects that match each beat.
  • Additionally, the advancement of lithium-ion batteries has assisted in the development of the portable Bluetooth speaker market greatly in allowing more playtime, without regular charging. The technology for quick charging and Power banks have helped boost demand for Bluetooth speakers by reducing the weight of the speakers and also dealing with charging issues.
  • With the rising popularity of Bluetooth speakers available on the market, a variety of companies are launching new products on the market. For example in June 2022 Bose a major manufacturer of Bluetooth speakers, announced their Sound Link Flex, its new Bluetooth speaker that has a specially designed transducer.
  • According to Bose this Bose Sound Link Flex maximizes clarity and delivers powerful bass, allowing customers to hear each instrument and voice. The company’s initiatives are expected to boost the market demand for Bluetooth speakers on the market over the next few years.
  • Another factor that is driving the expansion of the Bluetooth speaker industry is the booming industry of recorded music. In the report of the International Federation of Phonographic Industry (IFPI) in 2022 the global recorded music market increased in value by 9.9%, fueled by the increase in subscription streaming.
  • Additionally, as per the IFPI’s Global Music Report, in 2022 there were 589 million subscription account users, which significantly contributed to the revenue from subscription audio streaming which helped it grow to 10.3 percentage points up to USD12.7 billion. Since Bluetooth speakers are set to become an increasingly popular device to enjoy home entertainment, these trends are expected to continue to fuel the growth of the market.
  • The home automation market is poised to expand, thanks to Bluetooth complete-home automation systems. Bluetooth mesh Bluetooth mesh will provide an efficient wireless connectivity platform that allows automated control of lights and smoke detectors, thermostats doorbells, cameras, and locks. However, the smart speaker has been positioned as a possible central control device for smart homes. Smart speaker sales are expected to increase multiple times over the next decade which could hinder the growth of the market.
  • Additionally, there are technical issues with Bluetooth speakers, including the limitations on range, which can also hinder the growth of this market since even the most powerful portable Bluetooth speakers can’t guarantee that they can provide coverage that is as extensive as Wi-Fi. In the end, people experience signal loss when they move away from the speaker.

Application Insights

(Source: emergenresearch.com)

The music-related segment was the most popular in the market worldwide in the year 2019. Bluetooth technology allows users to stream wireless music from their smartphones and tablets straight into bathrooms. Speakers can connect to a tablet, smartphone, or laptop via the Bluetooth connection, and then play music with no wires. This is among the biggest advantages of these speakers since there is no requirement for an external device since everything is done via a tablet or smartphone.

The video and phone calls segment is anticipated to expand at a rapid pace over the forecast period due to the increasing usage of these devices among people around the world, particularly in emerging nations like India as well as China where the connectivity rates to the internet remain very high, however, the use rates for social media websites remain lower due to the ignorance about the benefits of it (such calling and making calls).

Speakers with Waterproofing Market Country-Level Analysis

(Source: technavio.com)

The Shower Speaker Market is studied in detail. Market size and volume data are given by location, country, charging technology kind of product as well as the technology and the sales channel, as mentioned previously.

The countries that are covered by the Shower Speaker Statistics market report include the U.S., Canada and Mexico in North America, Germany, France as well as France, Germany, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) within Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as portion of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as an integral part of South America.

North America dominates the Shower Speaker Statistics market due to the growth in the popularity of smart home products and also increasing use of audio systems with advanced technologies in nations like Canada as well as the US in the region. Asia-Pacific is the anticipated area of expansion of this Shower Speaker Statistics market due to the increase in the use of connected homes and smart devices, an increase in the advancement of technology in audio technology, and an increase in the demand for water-proof speakers with people living within this area.

The section on the country of the market for waterproof speakers report provides market-changing aspects and regulatory changes on the domestic market that influence the future and current developments that the industry is experiencing. The report also provides data points on consumption volume, production locations as well as volumes, analysis of import and export, trend analysis, the cost of raw materials, as well as the value chain between upstream and downstream analysis are a few important indicators that are used in forecasting the future market conditions for specific nations.

Additionally, the existence and the availability of global brands, as well as the challenges they face due to the abundance or lack of competitors from domestic and local brands, as well as the effects of tariffs in the domestic market, as well as trade routes are taken into consideration when giving forecast analysis of countries’ data.

The COVID-19 pandemic had a beneficial effect on the region’s Bluetooth speakers market. The bulk of the trade barriers on trade in North America were lifted in the aftermath of the introduction of COVID-19 vaccinations on a large scale to contain the epidemic ultimately contributing to a growth in the market from 2021. This market saw an increase in the demand and the sale of Bluetooth speakers between 2021 and 2022.

Product Launches and Product Expansions

  • In July 2015, the Braven BRVX portable wireless Bluetooth speaker was created to appeal to boating and outdoor fans. This speaker features an integrated noise-cancelling microphone. It is also shock-absorbing with a rubber exterior.
  • In July 2017, Bose Sound Link Revolve+ was Bose’s most efficient portable speaker. The speaker is awe-inspiring and delivers high-quality, rich, and amazing sound that covers the entire room. It’s waterproof with an IPX4 rating and can respond to voice commands. So it can make calls without hands or make use of Siri and Google Now.
  • In August of 2019 in August 2019, the Sony XB40 Portable Wireless Speaker included two passive radiators that work in conjunction in conjunction with the two Full-range speakers. This helps increase the low-end frequency response.
  • In October 2020, Apple unveiled the HomePod mini, the latest edition to the HomePod family of devices that offers impressive sound, the shrewdness of Siri to help you get things done, and an exceptional home experience that provides ease of use and convenience with no hassle. With only 3.3 inches it is a small device. HomePod mini is loaded with the latest technologies and software that enables computation-based audio to produce a dazzling audio quality no matter where it’s put.
  • The announcement was made in March of 2021. JBL announced the new versions of its popular Bluetooth speakers, Boombox 2, and Go 3 along with Clip 4, in India. Its JBL Go 3 features a slim design. It’s easier to be carried around in a bag since it is light. Despite its size, it offers an excellent sound and batteries that last for a long time.
  • In September 2021, Fugoo Style XL by Boat durable, tough, and weatherproof Bluetooth Speaker has the full spectrum of sound through 8 drivers that are symmetrically placed.

Market Segments

The market is classified by type (Smartphones Tablets, Smartphones) as well as by Application (Listening to Music, a Loudspeaker for Phone Calls and Videos Calls). The companies profiled in this report include:

  • iHome –  iHome is a name brand for audio devices that are made to allow you to listen to your music, stream TV, and so on. iHome has a broad range of audio products, including speakers as well as other accessories.
  • Altec Lansing – The Altec Lansing annual revenues were $271 million in 2023.
  • Cambridge SoundWorks – Cambridge SoundWorks was established in 1987 to develop and produce premium audio equipment that could be sold directly to consumers. From the beginning the company’s successes were important and its products earned praise from the critics. The company was initially an innovative direct marketing company and then grew into the catalog division. Cambridge SoundWorks opened its first retail showroom in Newton, Massachusetts in 1991.
  • Philips – Koninklijke Philips revenue for the month that ended 30 September 2023, was $4.866B that’s which is a 9.47 percent increase over the previous year. Koninklijke Philips revenue for the 12 months that ended September 30th, 2023 was $14.213B which is an increase of 27.6 percent decrease from year to year.
  • The HMDX – wireless connection is simple and all you have to do is hit the power button for 3 minutes to connect it to your phone or another Bluetooth device. Its HMDX Bluetooth Speaker can also be carried around since it can be taken with you to a dance party as far as 30 feet away from the wireless signal.
  • Ilive –  Digital Products International Inc. In 1971 Digital Products International Inc.’s headquarters and distribution center was housed in a modern, 330,000-square-foot facility located in the heart of downtown Saint Louis, Missouri.
  • Typo –  International has 69,000 employees and the ratio of revenue per employee is $251,594. Tyco International’s highest revenues were $17.4B in 2022.
  • Pyle – Pyle USA (Pyle) is a Brooklyn New York-based business that manufactures battery chargers for small battery systems portable air conditioners coolers, dehumidifiers, and small audio equipment.
  • ION – The revenue of ION EXCHANGE was 16194 million in FY22. This was an increase of 9.2 percent in comparison to 14 826 rupees million reported in FY21. The revenue of ION Exchange has increased from 10 579 rupees in FY18 to Rs 16,194 million during Fiscal year 22. In the last five years, the ION EXCHANGE’s revenue has increased at a rate of 11.2 percent.
  • Soundfreaq –  When Target decided to introduce our Soundfreaq products The brand quickly grew. In 2014 the Soundfreaq line was seeing an annual growth rate of double-digits and eventually attained global distribution in addition to the equivalent of $30 million in revenues.

Conclusion

Nowadays, it is impossible to throw an appropriate party without a great speaker. With the demand from consumers for speakers increasing this industry is predicted to expand steadily. The market for speakers offers many different items, ranging from audio systems for homes that give an all-encompassing listening experience and wireless speaker systems that play music whenever you want. In addition with smart homes becoming more widespread, smart speakers are also increasing in popularity.

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Smart Home Devices Statistics 2024 By Users, Segments, Devices and Facts https://www.coolest-gadgets.com/smart-home-devices-statistics https://www.coolest-gadgets.com/smart-home-devices-statistics#respond Wed, 07 Feb 2024 12:20:36 +0000 https://www.coolest-gadgets.com/?p=3386 Introduction

Smart Home Devices Statistics: Technology has made our lives too smooth because now, within seconds, we can quickly clear all our doubts. Are you interested in smart devices? Then, you are on the right track because this Smart Home Devices Statistics will guide you in understanding the different segments, facts, and current trends of smart devices. These devices are electronic embedded devices that include the implementation of IoT, AI, and machine learning for enabling effective connecting and communication with other networks and devices for completing every task efficiently.

Editor’s Choice

  • The market valuation of global smart homes in 2023 will account for $100.42 billion.
  • According to smart home devices statistics, the North American region held the highest share, at 40%, and Asia Pacific was the second highest, with a 30% share, in 2023.
  • In the 1st quarter of 2024, the estimated global shipment of smart home devices will be 186 million units, and the shipment rate will have fallen by 5.6% from 2023.
  • According to IDC, the steepest decline has been predicted in the smart speakers and network video entertainment devices market, with a 15.4% and 7.8% fall, respectively.
  • The total number of shipments of smart home devices such as Alexa, Google Assistant, Siri, and Google Home will surpass 5.5 million by the end of 2030.
  • In the United States, at least one smart home device was implemented within 70% of households by 2023, resulting in over 60.4 million households.
  • As of 2024, over 400 million smart homes will be available globally.
  • Americans spend up to $1,172 on average to implement smart devices in their homes.
  • By 2025, the total number of homes using smart devices in the global market will reach 478.2 million and 672.57 million by 2027.
  • Around 74% of Americans are now willing to own a smart home device, and this is because of rapid climate change.

Facts On Smart Home Devices

  • 81% of People with experience and knowledge about the benefits of smart devices now prefer to buy a house assembled with intelligent technologies.
  • In the United States, at least one smart home device is owned by men (82%) and women (49%) in 2023.
  • After using smart home devices, American homeowners have saved around $98 per month, resulting in an annual saving of $1,180.
  • Wifi is the most commonly used connectivity, whereas landline and cellular backup are used in intelligent security cameras.
  • Around 32% of Indian people have spent over 20 to 50K implementing several smart home devices.

global-smart-home-market-by-device-type.

(Reference: assets.site-static.com)

  • The global smart home market share by device types is Safety and security (26%), Climate control (17%), Lighting control (13%), and Energy and water control (9%).\
  • Smart TVs and intelligent plugins such as Apple TV or Chromecast are currently owned by 70% of Americans.

General Smart Home Devices Statistics

  • In the U.S., the usage of smart home devices is at its maximum, and 57% of Americans use them to save 30 minutes daily, which results in 182.5 hours annually.
  • Robot vacuums, intelligent washing machines and dryers, and customizable LED lights are the most used devices
  • Almost 40% of adults use voice searches daily as of 2024.
  • Smart speakers are used by 49% of broadband households in the U.S. for setting reminders on calendars, setting timers and schedules, asking questions, and requesting another device for managing other activities.
  • In 2023, the penetration rate of smart speakers will reach 21%, and in the United States, it will be 1%.
  • For implementing an intelligent security system by 2024, it is estimated that households will spend approximately $35 billion.
  • Intelligent security devices have positively impacted the lives of 60% of households in the U.S., and 63% of homeowners prefer investing in innovative security systems, such as burglar alarms, home monitoring and camera surveillance systems, environmental sensors, and flood, leak, and smoke sensors.
  • The smart meter market valuation is supposed to reach $29.8 billion by 2026, with a growth rate of 7.2% CAGR from 2022 to 2026.

Smart Home Devices User Statistics

(10-year analysis from 2018 to 2027)

us-households-using-home-smart-devices-2018-2027

(Reference: oberlo.com)

  • In the United States of America, 63.43 million households were using smart home devices in 2023, which has increased by 10.2% each year from 2018 to 2023.
  • In the next four years, the number of smart home device users will increase, expecting 69.91 million by the end of 2024.
  • Meanwhile, estimated users of the U.S. in 2025 (77.05 million), 2026 (84.92 million), and 2027 (93.59 million).

Smart Homes User Statistics

(10-year analysis from 2019 to 2028)

number-of-users-of-smart-homes-worldwide-from-2019-to-2028

(Reference: statista.com)

  • According to a report published by Statista Research Department, total users of smart homes accounted for 360.68 million worldwide.
  • By the end of 2024, global smart home users are expected to reach 422.119 million, and the indicator is estimated to get higher numbers in the coming years.
  • Furthermore, total users in 2025 (493.55 million), 2026 (576.22 million), 2027 672.5 (million), and 2028 (785.16 million).
  • The global revenue per user of the smart home market is expected to decrease continuously from 2023 to 2028, resulting in $78.9. Thus, by 2028, the average revenue per smart home will be $294.94.

By Region

  • According to a report published by Exploding Topics, in 2023, the Far East and China accounted for the largest market share of smart home devices with 375 million unit shipments.
  • Other regions are followed by Europe (219.6 million units), North America (192.5 million units), Latin America (31 million units), and the Rest of the world (121.8 million units).
  • As of 2024 and 2025, regional shipments of smart home device units are The Far East and China (521.8 million and 726.7 million), Europe (283.1 million and 384.9 million), North America (250 million and 329.2 million), Latin America (45 million and 68.8 million), and Rest of the world (175.8 million and 260.9 million) respectively.

Consumer Spending on Smart Home Devices (7-year analysis from 2019 to 2025)

smart-home-industry-growth.

(Reference: buttercms.com)

  • Consumer spending on smart home devices has increased since 2020 and is expected to reach $173 billion by the end of 2025.
  • In the past, the maximum growth was accounted for in 2021 with ($123 billion), which is followed by 2022 ($134 billion) and 2023 ($147 billion).
  • By the end of 2024, global consumer spending on smart home devices will reach $159 billion.

By Segments

  • Video entertainment holds the largest market share in 2023 with 29.9%, which is followed by home security (22.1%), smart speakers (14.3%), and others (33.7%).
  • As of 2024, the expected market share of different will be 31. 3% on video entertainment, 21.1% (home security), 14.1% (smart speaker), and 33.5% (others).
  • Similarly, in 2025, segmental market shares of smart home devices are predicted to be video entertainment (27.6%), home security (21.2%), smart speakers (14.4%), and others (36.9%).

Smart Speaker Statistics

  • The global sales of smart speakers are estimated to be above 280 million units by the year’s end of 2024 and are expected to gain a market size of up to $30 billion.
  • The U.S. will hold the largest market share with 25% fol, lowed by Germany (10%) in 2024.

smart-speakers-frequency-of-use

(Reference: Smit.vub.ac.be)

  • The usage frequency of smart speakers most in Germany as of 2023, followed by daily (66.80%), month-to-month (23.50%), and never (9.70%).
  • Furthermore, in the United Kingdom, usage share is followed by each day (66.30%), monthly (26.30%), and never (9.70%).
  • American usage: daily (50.10%), month-to-month (25.60%), and by no means (24.30%).
  • The record additionally stated that 70% of these speaker proprietors use their gadgets day by day.
  • Furthermore, the document observed that the maximum standard time of day for smart speaker usage changed into the night, between 6 pm and 9 pm.

Home Security Statistics

home-security-is-one-of-the-fastest-growing-segments-within-the-smart-home-space

(Reference: buttercms.com)

  • Home security systems are one of the fastest growing segments in the smart home devices market, and in 2023, total revenue earned resulted in $4.3 billion worldwide.
  • Meanwhile, by 2025, the expected global revenue generated by the segment will be $5.05 billion.

Smart Home Security Statistics

Smart Home Security Market

(Source: mordorintelligence.com)

  • The expected revenue earned by the global smart home security market by the end of 2024 will result in $32.46 billion and $61.97 billion by 2029, with a growth rate of 13.81% (2024 to 2029).

most-common-home-security-devices

(Reference: assets.site-static.com)

  • In the U.S., nearly 72% of households have installed at least one security device. In 2023 51 mi, million households have installed video surveillance systems, and 39 million installed alarm systems.
  • The average cost of installing a home security system is around $475.
  • As of 2023, types of device usage share are followed by video surveillance (42%), Video doorbells (38%), alarm systems (35%), and access control (10%).

Smart Assistant’s Statistics

  • According to a report published by Insider Intelligence’s forecast, in the United States, total voice assistant users will have reached 145.1 million by 2023 end.
  • The total number of users is expected to grow by 3% CAGR from 2023 to 2027.
  • The top companies of voice assistants are Google Assistant, Apple’s Siri, and Amazon Alexa.
  • As of 2023, in the U.S., the total number of users is followed by Google Assistant (85.4 million), Apple’s Siri (81.1 million), and Amazon Alexa (73.7 million)
  • Worldwide usage of digital voice assistants by 2024 will reach up to 8.4 billion.

Smart Lighting Statistics

Smart Lighting Market

(Source: mordorintelligence.com)

  • The market size is expected to reach USD 19.65 billion in 2024, growing at a CAGR of 18.94% to reach USD 46.79 billion by 2029.
  • Government regulations, particularly those mandating the use of LEDs, are a major driver for market growth. For example, the US and European Union have set performance standards and directives that favor energy-efficient lighting solutions, significantly impacting the adoption of LED technology.
  • The Asia-Pacific region is anticipated to witness the fastest growth due to the increasing adoption of IoT technologies, particularly in China, Japan, and India. These countries are experiencing a surge in smart device usage, which is expected to boost the demand for smart lighting solutions.
  • Key market players include Signify Holding, Control4 Corp. (Snap One LLC), Lutron Electronics Co. Inc, Wyze Labs Inc., and Sengled, which are expanding their presence through new contracts and acquisitions.
  • Costs of best smart light bulbs of 2024 used in smart homes are Nanoleaf Essential smart lights ($18), intelligent Tapo TP-Link light bulbs ($15), TCP Smart wifi bulbs ($12), Philips Hue White and Color Ambiance Starter Set ($99), and Nanoleaf Canvas lights ($73) all are readily available at Amazon.

Smart Security Camera Statistics

  • The smart home security camera market is experiencing significant growth, with projections indicating a Compound Annual Growth Rate (CAGR) of 19.2% from 2023 to 2030. This growth is driven by the rising demand for residential security due to an increase in property crimes, alongside the advancement and integration of smart home technologies​​​.
  • The market size is expected to expand notably, reaching USD 30.10 billion by 2030. This expansion is attributed to the increased adoption of smart home automation solutions, such as video doorbells and wireless home security cameras, which enhance intrusion detection and perimeter security​.
  • Wired smart home security cameras accounted for the largest revenue share in 2022, favored for their reliability and reduced maintenance requirements. However, wireless technology is anticipated to witness the fastest growth due to its convenience and integration with smart home ecosystems​.
  • Indoor cameras have dominated the market, driven by the need for constant monitoring of homes for security, child and pet surveillance, and emergency alerts. Artificial intelligence (AI) enhancements in these cameras have further bolstered their adoption​.
  • North America remains the largest market for smart home security cameras, particularly in the U.S., where the adoption of home automation systems and smart home technologies is extensive. The Asia Pacific region, especially China and India, is expected to see rapid growth due to urbanization, increased safety awareness, and technological advancements in smart home devices​​​.
  • The market is competitive with several key players like Vivint Smart Home, Inc., ADT Inc., SimpliSafe, Inc., Brinks Home Security, and Xiaomi Inc., among others, driving innovation and market expansion through advanced features like AI, real-time monitoring, and smart home integration​.
  • Demand for smart home security cameras is bolstered by their advanced features, such as real-time alerts, integration with other smart devices, and remote access capabilities. The increasing consumer preference for smart homes and the integration of IoT technology are significant factors influencing market dynamics​​​.

5-year Household Analysis From 2023 to 2027

number-of-households-with-smart-security-cameras-worldwide-from-2023-to-2027

(Reference: statista.com)

  • Nearly 98.86 million households worldwide will have installed smart security cameras in 2023.
  • By the next four years, smart security cameras in several households in 2024 will be 122.13 million, in 2025 (146.88 million), 2026 (163.73 million), and by the end of 2027, 180.70 million.

Smart TV Statistics

  • The global smart TV market was valued at approximately USD 211.42 billion in 2023 and is projected to reach around USD 451.26 billion by 2030, growing at a CAGR of 11.4% during the forecast period​.
  • The demand for higher resolution TVs, such as 8K, is rising, with a predicted CAGR of around 17% from 2023 to 2030, due to the demand for super high-resolution picture quality. The 46 to 55-inch screen size segment dominated the market revenue in 2022, with a shift towards even larger screens, above 65 inches, expected to grow at a CAGR of about 16% during the same period​.
  • Android TV dominated the market with the largest revenue share in 2022, thanks to its extensive app ecosystem. Meanwhile, the online sales channel for smart TVs is estimated to see the highest growth rate from 2023 to 2030, as consumers increasingly turn to e-commerce platforms for their electronic purchases​.
  • The Asia Pacific region held the largest market share, with over 40% of global revenues in 2022. This dominance is attributed to the rising popularity of smart TVs in countries like India and China, driven by the emergence of new market players and increasing consumer spending capacity​.
  • The market is competitive with major players like LG Electronics Inc., Samsung Electronics Co. Ltd, TCL Electronics Holdings Limited, Hisense Group, and Xiaomi Corporation leading the space. These companies are continuously innovating and expanding their product lines to cater to the evolving consumer demands​.
  • The smart TV market’s growth is fueled by the widespread availability of high-speed internet, the rise of OTT media services, and consumer preference for online streaming platforms. Smart TVs offer a seamless way to access a wide range of online content, including streaming services, social media, and web browsing, directly from the television​.
  • One significant challenge to market growth is the high cost associated with the latest smart TV technologies, which can be prohibitive for low-income consumers. This factor may limit market expansion to higher-income segments, slowing adoption rates among lower-income groups​.

6-year Installation Analysis From 2022 to 2027

Smart TV installed base per region (million)

(Source: spglobal.com)

  • The Asia Pacific region will account for the highest Smart TV installment rate by 2027, resulting in 450.8 million.
  • In other regions, installment rates in 2027 are going to reach North America (290.2 million), Western Europe (204.9 million), Latin America and the Caribbean (96.1 million), Eastern Europe (81.2 million), and the Middle East and Africa (30.5 million).

Smart Thermostats Statistics

(11-year analysis from 2023 to 2030)

size-of-smart-thermostat-market-worldwide-from-2021-to-2030

(Reference: statista.com)

  • The global smart thermostat market valuation in 2023 will cost $3.9 billion.
  • The market size of global smart thermostats will account for $4.9 billion in 2024, and others are followed by 2025 ($6.2 billion), 2026 ($8 billion), 2027 ($10.4 billion), 2028 ($13.8 billion), 2029 ($18.6 billion), and 2030 ($25.5 billion).
  • Costs of the top 5 best smart thermostats of January 2024 available at Amazon are Ecobee Smart Thermostat Premium ($249.99), Nest Learning Thermostats ($249), Nest Thermostat ($129.99), Wyze Thermostat ($95.50), and Amazon Smart Thermostat ($79.99).

Smart Plugs Statistics

(Source: technavio.com)

  • The North American region has experienced the largest share, and 2027, the market is supposed to grow by 31% by the end of 2027.
  • In the United States, in 2023, the adoption of smart plugs has increased across 695 households.
  • The market size of Smart Plugin 2023 was $2.69 billion and is expected to reach $9.12 billion by 2028, along with a CAGR of 27.66%.
  • The global smart plug market is projected to expand from USD 2.69 billion in 2023 to USD 9.12 billion by 2028, showcasing a Compound Annual Growth Rate (CAGR) of 27.66% during the forecast period​​.
  • The market’s growth is substantially driven by the widespread adoption of smart homes and advancements in the Internet of Things (IoT) frameworks. Smart plugs are integral to the smart home ecosystem, allowing users to remotely control and automate the operation of household appliances and devices​​.
  • While smart plugs become increasingly commonplace, security concerns arise regarding user privacy and the potential for devices to be compromised. These issues have attracted attention from both academic and industrial sectors, underscoring the need for secure smart home solutions​​.
  • Asia-Pacific, led by China and India, is highlighted as a region with significant growth potential, attributed to the rapid adoption of IoT and automation technologies. China, in particular, is noted for its advanced manufacturing capabilities and is a major hub for the production of smart plug components. North America and Europe also show promising growth, with advancements in IoT and smart home adoption driving the market​​.
  • The market is characterized by the presence of major companies such as TP-Link, Belkin International, Panasonic, D-Link, and Xiaomi, among others. These companies are continuously innovating and expanding their product lines to include smart plugs that cater to the evolving needs of the smart home industry​​.
  • The smart plug market is witnessing a shift towards Wi-Fi and Bluetooth-enabled devices, facilitating easy integration into existing smart home networks. The introduction of products certified by new protocols such as Matter indicates a move towards standardization and interoperability in the smart home devices sector​​.

Smart Security Camera Statistics

  • The worldwide market of smart security cameras is increasing continuously, and in 2023, around 82.79% of households will use the device, which is approximately 81.84 million.
  • 2027, a new peak record is expected, resulting in 180.7 million households using smart security cameras globally.
  • According to KBV Research, by 2026, the global market size of smart home security cameras is expected to reach $10.4 billion.
  • The global smart home security camera market was valued at approximately USD 7.37 billion in 2022, indicating a robust foundation in the smart home sector.
  • The market is expected to grow at a compound annual growth rate (CAGR) of 19.2% from 2023 to 2030. This growth is driven by an increasing awareness of home security needs and advancements in camera technology.
  •  In North America alone, the smart home security cameras market size was valued at around USD 2.99 billion in 2022, with an expected CAGR of 19.8% from 2023 to 2030. This highlights the region’s significant contribution to the market’s overall growth.
  • The surge in demand for smart home security cameras can be attributed to a rise in regional thefts and burglaries. These devices have proven effective in preventing such crimes, thereby increasing their adoption among homeowners.
  • By 2030, the global smart home security camera market is anticipated to reach a valuation of approximately USD 30.10 billion. This projection underscores the market’s potential for expansion and the growing consumer interest in home security solutions.
  • The rapid adoption of the Internet of Things (IoT) in smart homes is a key factor supporting the industry’s growth. Innovations in camera technology, including improved resolution, connectivity, and integration capabilities, are expected to further fuel market expansion.
  • Prominent companies in the smart home security camera market include Vivint Smart Home Inc., ADT LLC, Simplisafe Inc., Brink’s Home Security, iSmart Alarm Inc., Live Watch Security LLC, Skylinkhome, Protect America Inc., Samsung Electronics Co., LTD., Frontpoint Security Solutions, LLC, Arlo Technologies Inc., Nest Labs, Wyze Labs Inc., Blink, and Ring LLC. These companies are leading the market with continuous product innovation and strategic market initiatives​​​​​.
  • Recent developments in the market include the introduction of dual-camera devices by Eufy Security, smart security cameras with night vision and intercoms by Xiaomi, and the launch of a DIY home security system by Google in collaboration with ADT. These innovations highlight the industry’s focus on enhancing surveillance capabilities and user convenience through technology​.

Smart Curtains and Blinds Statistics

  • The global curtains and window blinds market is expected to cross USD 30 billion by 2032, with significant growth driven by technological advancements and increasing demand for motorized and smart window solutions. The market is propelled by a rising preference for housing and commercial infrastructure enhancements, along with advancements in motorized blinds and shades for enhanced safety and convenience​​​.
  • Asia Pacific is forecasted to hold the largest market share by 2035, fueled by rising disposable incomes, urbanization, and a booming construction sector. This region is seeing a significant shift towards urban living, with a projected addition of 1.2 billion people in urban areas by 2050. The increase in tourism, particularly in China, has also spurred hotel construction, influencing demand for curtains and window blinds​.
  • North America is expected to experience the highest growth rate, attributed to the increasing trend of smart homes and the integration of AI in window coverings. The DIY trend and a substantial presence of companies with established distribution networks further contribute to this growth​.
  • The market is seeing a shift towards online distribution channels, with a projected growth rate of 8.8% from 2023 to 2030. The convenience and efficiency of online shopping, along with the rise in home-furnishing transactions, are notable trends. Smart home automation technologies are also becoming increasingly popular, with companies introducing products like smart window blinds that can be controlled wirelessly, offering convenience and integration with home automation systems​.
  • The demand for polyester material in curtains and window blinds is projected to cross USD 4 billion by 2032, owing to its durability and insulating properties​.
  • Cotton window blinds are experiencing growth in the residential sector, with the market from the cotton material segment surpassing USD 1.2 billion in 2022​.
  • Market leaders such as Hunter Douglas N.V., Norman Window Fashions, and Kirsch are focusing on product innovation and smart technology integration to cater to evolving consumer preferences. Recent product launches, such as the Motion Blinds Upgrade Kit for Roller Blinds by Eve, indicate a strong focus on enhancing user convenience and energy efficiency​.

Smart Refrigerator Statistics

Global Smart Refrigerator Market

(Source: mordorintelligence.com)

  • As of 2024, the expected market valuation of smart refrigerators will be $3.61 billion.
  • By 2029, the market will reach above $4.22 billion at a CAGR of 3.14% from 2024 to 2028.
  • The top three manufacturers of smart refrigerators are Whirlpool, Samsung, and Haier, holding a market share of 30% in 2023.
  • Most users of smart fridges belong to metropolitan areas and are aged between 34 and 49 years.
  • Families with annual incomes above $100K had a single smart fridge at their homes.
  • The most extensive use of smart fridges is French door refrigerators, with a share of 45%, which are used highly in commercial appliances, followed by home appliances.
  • China will have the largest market share of over 55%, followed by the North American region (25%) and Europe (25%).

Conclusion

This article on Smart Home Devices Statistics has helped you understand the overall market of smart home, smart devices, and their implementations. The paper includes several current statistical analyses, such as smart speakers,  smart home security, smart cameras,  smart plugins, smart assistants, smart lighting, smart refrigerators, smart TVs, etc. So, the marketplace is predicted to grow gradually in 2024 and the coming years.

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Keyboards Statistics 2024 By Users, Shipments and Demographics https://www.coolest-gadgets.com/keyboards-statistics https://www.coolest-gadgets.com/keyboards-statistics#respond Tue, 06 Feb 2024 17:38:12 +0000 https://www.coolest-gadgets.com/?p=2864 Introduction

Keyboard Statistics: Over time, with technological advancement, the sales rate of the keyboard market is increasing rapidly around the world. In everyday life, billions of people are randomly hitting their keyboards for several purposes and some are still unaware of the interesting facts and statistics of the keyboards market. Relax and go through these Keyboard Statistics articles which include insights from various aspects that provide light on how fast the market is growing enormously in recent days.

From a report published by Future Market Insights, revenue generated by the global keyboard industry is expected to be $6.8 billion by the end of 2033 along with a growth rate of 3.5% CAGR from 2023 to 2033.

Editor’s Choice

  • Market Value and Growth: The computer keyboard market was valued at US$ 4,870.3 million in 2023 and is expected to grow at a CAGR of 3.5% from 2023 to 2033​​.
  • Major Players: Key companies in the market include Microsoft, Logitech, COUGAR, KINESIS, GOLDTOUCH, and Razer Inc., among others​​.
  • Innovations and Developments: Innovations include JLab’s mechanical keyboard with 2.4GHz and Bluetooth connectivity and ASUS Republic of Gamers’ new gaming keyboard offerings​​.
  • Market Segmentation: The keyboard market segments cover wired, wireless, ergonomic keyboards, and technologies like RF, Infrared, and Bluetooth, catering to corporate/enterprises, gaming, and personal use​​.
  • Global Trends: The keyboard market growth is influenced by the COVID-19 pandemic, technological advancements, and consumer preferences towards ergonomic and customizable features​​.
  • Mechanical Keyboards: The mechanical keyboard market is driven by the growing gaming industry, with a preference for tactile, durable, and fast-performance keyboards. Innovations in mechanical keyboards focus on providing enhanced gaming experiences​​.
  • Challenges: Counterfeit products pose a challenge to market growth, affecting consumer trust and brand reputation​​.
  • Impact of Touchscreen Devices: The proliferation of touchscreen devices like smartphones and tablets is impacting the growth of the keyboards market, as these devices offer convenient navigation and functionality​​.
  • Technological Advances: Companies are focusing on creating innovative keyboard solutions, such as 3Dconnexion’s Keyboard Pro with Numpad, featuring programmable keys and app-specific commands​​.
  • Regional Insights: North America was the largest region in the keyboard market in 2023, expected to remain a key market during the forecast period due to technological advancements and consumer demand​​.

Facts of keyboard

  • There are different types of keyboards such as wired keyboards, QWERTY Keyboard, wireless boards, numeric keyboards, USB keyboards, Bluetooth Keyboards, ergonomic keyboards, gaming keyboards, backlight keyboards, magic keyboards, membrane keyboards, and flexible keyboards.
  • Gaming is the main reason for the market growth of the keyboard industry in 2023 and in the United States around 67% of the population are playing games.
  • According to research, it is estimated that average people who are using keyboards can type 8 words per minute.
  • By the end of 2023, on average a person hit the keyboard more than 8 million times.
  • Regularly, the average time spent on the keyboard is approximately 2 hours and 22 minutes.
  • On the keyboard, the ‘Space’ key is used most accounting for 33%, and the next most popularly used key is the ‘e’ key holds 12.7%.
  • Whereas recent studies of Social Marketing, it has observed that the use of the ‘Caps Lock’ key has reduced by 2% of the time.
  • Per hour average person hits around 2400 to 3000 button clicks.
  • The longest left-handed words used on the keyboard are STEWARDESSES and the longest right-handed words are LOLIPOP.
  • Average keyboard users use their right hand which is equal to 12.6 miles per day.
  • Only 25% of adults use all 10 fingers while typing.

General Keyboards Statistics

(Source: researchandmarkets.com)

  • As per the report analysis of Research and Markets, in 2023 the global keyboard market has grown by $9.59 billion with a CAGR of 3.4%
  • Whereas, the global keyboard market share is expected to reach $10.43 billion by the end of 2027 with a CAGR of 2.1%.
  • The expected market size of the mechanical keyboard is going to increase by $378.13 million with a CAGR of 6.94% from 2023 to 2028.
  • According to Business Research Insights, by the end of 2031, global tablet keyboard’ is expected to be $15.7 billion.
  • Based on the application, the tablet keyboard market is classified into high-end (above $120), low-end (below $80), and regular ($80-$120).
  • The global market value of computer keyboards resulted in $5.08 billion in 2023 along with a CAGR of 3.9% from 202 to 2029.

By Segmentation

  • The sales rate of computer keyboards in India is supposed to grow by 2% of CAGR from 2023 to 2033.
  • As of 2022 based on type the wired keyboard segment has accounted for a market share of 34.5%.
  • Whereas, in the technology segment market share achieved by radio frequency keyboards was 39.9%.
  • Over the application segment, the corporate enterprise’s application segment is expected to grow at a CAGR of 1.4% from 2023 to 2033.
  • North American region accounted for the highest share in the United States covering a market share of 65.4%.
  • As per CMI report analysis, based on type the global market share of basic keyboard was 67.3% in 2022.

By Revenue

keyboards-worldwide-revenue

(Reference: statista.com)

  • Global revenue for the keyboard industry reached $4.8 billion, with a growth rate of 3.2%.
  • Future Projections:
    • 2024: Expected revenue is $4.9 billion, marking a growth of 1.7%.
    • 2025: Revenue is projected to hit $5 billion, with a growth rate of 1.6%.
    • 2026: Anticipated revenue of $5.1 billion, continuing the growth trend at 1.6%.
    • 2027: Predicted to reach $5.2 billion in revenue, accelerating growth to 2%.
    • 2028: Forecasted revenue of $5.3 billion, with a growth rate of 1.8%.

By Average Revenue Per Capita

keyboards-worldwide-average-revenue-per-capita

(Reference: statista.com)

  • The average revenue generated by the global keyboard market in 2023 was $0.63 and by the end of 2024, it is expected to be the same resulting in $0.63.
  • Whereas in coming years, the expected average revenue earned per capita is followed by 2025 ($0.65), 2026 ($0.65), 2027 ($0.65), and 2028 ($0.66).

By Key Player’s Share

the-brand-shares-of-the-global-keyboard-industry

(Reference: statista.com)

  • Logitech Dominance: Holds the largest market share at 39%, leading the global keyboard industry as of June 2023.
  • Razer’s Position: Secures the second spot with a 10% share, showcasing its strong presence in the gaming and professional sectors.
  • Microsoft’s Share: Captures 8% of the market, reflecting its broad range of consumer and enterprise keyboard products.
  • Red Dragon Influence: Claims a 4% share, indicating its growing popularity among budget-conscious gamers.
  • Apple’s Niche: Holds a 2% share, signifying its focus on the premium market segment.
  • HP’s Stake: Also at 2%, representing its steady hold within both consumer and professional markets.
  • Diverse Competition: The remaining 35% is distributed among various other brands, highlighting a competitive landscape with numerous players.

By Sales Channel Statistics

keyboards-worldwide-online-offline-revenue-share

(Reference: statista.com)

  • August 2023 Sales Channel Split: Offline sales dominated the global keyboard market with a 63.3% share, while online sales accounted for 36.8%.
  • Projected Changes for 2024: Offline sales are expected to decrease to 58.8%, and online sales to rise to 41.2%.
  • 2025 Forecast: Offline share is predicted to further decline to 53.7%, with online capturing a larger share at 46.3%.
  • 2026 Outlook: The gap narrows with offline sales at 52.2% and online sales increasing to 47.8%.
  • 2027 Prediction: Offline and online sales shares are expected to be nearly equal, at 50.3% and 49.7% respectively.

By Volume Share

keyboards-worldwide-volume

(Reference: statista.com)

  • According to Statista analysis, 2023 Volume Achieved: The keyboard market reached 253 million units, growing by 3.2% from the previous year.
  • 2024 Forecast: Expected to increase to 257.2 million units, with a growth rate of 1.7%.
  • 2025 Projection: Volume share is anticipated to rise to 261.3 million units, maintaining a growth pace of 1.6%.
  • 2026 Outlook: Predicted to expand to 265.5 million units, with a consistent growth rate of 1.6%.
  • 2027 Expectation: Volume is forecasted to reach 270.7 million units, accelerating growth to 2%.
  • 2028 Prediction: Projected to climb to 275.6 million units, with a growth rate of 1.8%.

By Price Per Unit

keybords-worldwide-price-per-unit

(Reference: statista.com)

  • By the end of 2023, across the global market of keyboards, the price per unit resulted in $18.18.
  • On the other side, in coming years the per unit of keyboards is expected to increase which is followed by 2024 ($18.31), 2025 ($18.43), 2026 ($18.55), 2027 ($18.67), and 2028 ($18.79).

By Country-wise Revenue Comparison

computer-keyboard-revenue-worldwide-from-2014-to-2027-by-country

(Reference: statista.com)

  • Revenue accounted by keyboards in the top 5 countries are followed by China ($1,143 million), United States ($791 million), Brazil ($239.2 million), Japan ($193.4 million), and India ($158.8 million) by the year 2023.
  • As of 2024 highest revenue is expected to be accounted for by China resulting in $1,170 million with an annual growth of 2.07% of CAGR from 2024 to 2028.
  • In the United States, the global revenue in the keyboards market is going to reach $790 million.
  • Furthermore, the rest top 3 countries predicted revenue shares in 2024 are followed by Brazil ($244.6 million) with a CAGR of 2.14% from 2024 to 2028, Japan ($192.7 million) with a CAGR of -0.44% from 2024 to 2028, and India ($163.1 million) with a CAGR of 2.52% from 2024 to 2028.
  • By 2027, expected revenue accounted by keyboards in the top 5 countries are followed by China ($1,248million), the United States ($805 million), Brazil ($260.7 million), Japan ($190.2 million), and India ($176 million).

By Region

(Source: technavio.com)

  • In the North American region, the estimated market growth is going to be 39% from 2023 to 2028.
  • It is expected that the North American region is going to account for $1.0 billion in revenue by 2024, which will increase by 0.3% from last year.
  • In the Asia Pacific region (APAC) the market size of the keyboard industry is supposed to reach $1.9 billion in 2024 with a CAGR of 1.99% (2024 – 2028).
  • Furthermore, by 2024 the expected revenue earned by EMEA ($1.5 billion) with a CAGR of 2.40% from 2024 to 2028 and LATAM ($0.6 billion) with a CAGR of 1.71% (2024 – 2028).

By Website Traffic

(Source: similarweb.com)

  • As of November 2023, the United States of America had 5.2% of total traffic on dsi-keyboard.com, but it recorded in total website visitors by 20.55%.
  • Other countries recorded the following contribution in total traffic is followed by Senegal = 2.05%, Luxembourg = 2.05%, Turkey = 1.88% (+16.11%), Paraguay = 1.86% (+14.31%), and other countries collectively made around 86.96%.

By Demographics

  • As per the Zippia report, in the United States keyboard specialist’s statistics by gender are 87.6% (female), and 12.4% (male).
  • Keyboard specialist statistics by race are followed by White (58.4%), Hispanic or Latino (16.2%), Black or African American (12.9%), Asian (5.7%), American Indian (0.5%), and unknown (6.3%).

By Shipments

  • From Volza’s Global analysis in 2023, it has been observed that the import and export shipment of keyboards around the world is 1.7 Million with 56.4K buyers and 51.3K suppliers.
  • The top keyboard importers are India, Vietnam, and the United States with shipments resulting in 293,423 units, 212,301 units, and 121,297 units respectively.
  • The top 3 product categories of imported keyboards are HSN Code 84713000, HSN Code 84716040, and HSN Code 84716070.
  • The top keyboard exporters with shipment units are followed by China (568,972), Vietnam (101,730), and Germany (92,135).
  • The top 3 product categories of exported keyboards are HSN Code 84713000, HSN Code 84716070, and HSN 84716040.
  • As of 2023, the top 3 global buyers of keyboard statistics by shipment units are Vietnam (7876), India (7758), and the United States (6871).
  • On the other hand, the top 3 global suppliers of keyboard statistics by shipment units are followed by China (16212), the United States (3719), and Vietnam (2791).

Mechanical Keyboard Statistics

  • According to the reports of FMI, by 2023 the market valuation of the mechanical keyboard industry has resulted in $1462.3 million and is expected to reach $2,657.1 million by the end of 2033 with a CAGR of 6.2%.
  • By 2033, the sales valuation of computer keyboards is going to be $57.3 billion with a CAGR of 2.7% from 2023 to 2033.
  • The industry valuation of computer-aided design is expected to reach $20.03 billion by 2033 with a CAGR of 6.4% from 2023 to 2033.
  • Based on country-wise insights the expected compound annual growth rate of the mechanical keyboards statistics by countries are followed by the United States (5.6%), Canada (4.3%), India (7.2%), China (6.5%), and United Kingdom (5%) from 2023 to 2033.
  • Based on category the expected industry share of wireless keyboards is going to reach at a CAGR of 40% and office segment at a CAGR of 45% from 2023 to 2033.

Wireless Keyboard Statistics

  • In the year 2023, the market valuation of wireless keyboards in 2023 resulted in $ 1.45 billion and is expected to reach $2.7 billion.
  • The market is estimated to grow at a CAGR of 6.6% from 2023 to 2033.
  • Across the global PC accessories market in the North American region, the wireless keyboard segment holds a share of 25.7% and in the European region, the market has accounted for an 18.3% share.
  • The market share of wireless keyboards in the United States of America was having a share of 19.9% by the end of 2022.
  • On the Other hand, in India, the market is supposed to reach a CAGR of 10.6% followed by China (9.9%) from 2023 to 2033.
  • Depending on the category, the highest market share was accounted for by the commercial wireless keyboard with 31.8%.

Conclusion

As of today, after completing the article on Keyboard statistics it can be stated that the market share of keyboards is increasing rapidly as this is an integral part of people’s daily lives and the keyboard is thus known as an essential tool for productivity and communication. Along with technological advancement, the usage of keyboards will become more widespread shortly. This statistics includes a much more effective statistical analysis of the keyboard market that is described elaborately above; hope will help in understanding the topic better.

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Gaming Monitor Statistics 2024 By Types, Panel, Shipment Unit and Brands https://www.coolest-gadgets.com/gaming-monitor-statistics https://www.coolest-gadgets.com/gaming-monitor-statistics#respond Mon, 05 Feb 2024 17:20:16 +0000 https://www.coolest-gadgets.com/?p=2823 Introduction

Gaming Monitor Statistics: As of reports, the global market size of gaming monitors is expected to reach above $18.40 billion by the end of 2033. In recent days, the demands of curved gaming monitors have enhanced their popularity around the world as they ensure a more pleasant viewing experience than others. After the effective implementation of technological features, this sector is experiencing enormous growth in gaming integration.

These Gaming Monitor Statistics include insights from various aspects that provide light on how fast the market is growing around the world in recent days. You may also like to read Gaming Keypad Statistics.

Editor’s Choice

  • By the end of 2023, the world’s gaming monitor market was expected to be worth $9.8 billion.
  • This market is set to grow to about $18.40 billion by the end of 2033.
  • It will grow at a rate of 6.5% every year from 2023 to 2033.
  • By 2025, curved gaming monitors alone are expected to make $1 billion, with the whole gaming monitor market reaching $11.26 billion.
  • Gaming monitors come with cool features like better graphics (HDR), G-Sync, FreeSync, and adjustable refresh rates.
  • North America is the biggest market, holding 40% of the global share.
  • The value of the gaming monitor market in the USA is expected to hit $2.47 billion by the end of 2023 and grow to $3.91 billion by 2033, with a yearly growth of 5%.
  • The VA panel type is the most popular in gaming monitors, expected to grow by 6.6% by the end of 2033.

Gaming Monitor Statistics rowth-in-Gaming-PCs-and-Gaming-Monitors-to-Lag-in-2023-According-to-IDC-2023-Mar

(Source: idc.com)

  • By March 2023, companies shipped 17.3 million gaming monitors.
  • Between 2023 and 2027, the total number of gaming PCs and monitors is expected to increase from 58.8 million to 75.1 million.
  • In 2022, VA (Vertical Alignment) LCD monitors were the most popular, making up 51% of the market.

What is a Gaming Monitor?

Gaming monitors are designed for gamers to increase the performance level of video games. These monitors are designed in such a way that while playing game output generated by the graphics card and CPU results as well as possible The high refresh rate and low input lag both are the best features preferred by maximum users as they allow for quick changing of images without disturbing the game.

Facts on Gaming Monitor

  • In 2024, the worldwide market for gaming monitors is expected to reach $10.54 billion, growing 6.7% from 2023.
  • By 2028, the market value is expected to be $13.66 billion, and by 2030, it’s predicted to be $15.43 billion.
  • Growth rates for each year are 6.5% for 2028 and 6.2% for 2030.
  • The growth of the gaming monitor market is split into three parts: short-term, medium-term, and long-term.
  • From 2023 to 2026 (short-term), companies will focus a lot on creating new and improved gaming monitors.
  • Between 2026 and 2029 (medium-term), the growth will be driven by more people playing games online.
  • From 2029 onwards (long-term), there will be an increase in sales of very high-quality 8K gaming monitors.
  • Top gaming monitor brands include Acer, ASUS, BenQ, Dell, HP, LG, MSI, and Samsung.
  • The big companies making these monitors globally are Samsung Electronics, Dell, AOC Systems, LG Electronics, and Lenovo Group.

General Statistics

  • IDC reports predict a 10.8% increase in gaming monitor shipments by the end of 2023.
  • After the first half of 2023, gaming monitor companies are planning to focus on parts of the market that make more money.

Gaming Monitor Statistics - Gaming-PCs-Expected-to-Struggle-While-Gaming-Monitors-Return-to-Growth-in-2023-According-to-IDC-2023-Sep

(Source: idc.com)

  • The global gaming market is divided into gaming PCs and monitors.
  • In 2023, more people want gaming monitors, with a yearly growth rate of 7.7% expected from 2023 to 2027.
  • A normal gaming monitor costs about $300 and makes gaming better inside and outside the game.
  • In the US, you can find many gaming monitors on Amazon, with prices starting at $100.

Advantages of Gaming Monitor

The gaming monitor offers several advantages to users some effective points are discussed below:

  • Gaming monitors offer quick reaction times and high refresh rates like 144Hz and 240Hz.
  • They have less delay in receiving inputs, giving quick and sharp responses.
  • These monitors show clearer and more colorful images, with resolutions like 1440p or 4K.
  • They use Adaptive Sync technologies like AMD FreeSync and NVIDIA G-Sync to make gameplay smooth.
  • They also provide wide viewing angles, customizable gaming settings, and are designed for comfort.

By Region-Wise Analysis

  • In 2023, North America holds 40% of the world’s gaming monitor market.
  • This region’s gaming monitor market will grow by 5% every year from 2023 to 2033.
  • Europe’s gaming monitor market is also growing fast, with a 6% increase expected from last year to 2023.
  • By 2023, East Asia’s gaming monitor market will be worth $2.3 billion, and it will double to $4.65 billion by 2033.
  • The South Asia and Pacific region will see their gaming monitor market grow by 8.2% each year, reaching this rate by 2033.

By Country

  • The US gaming monitor market is set to grow from $2.47 billion in 2023 to $3.91 billion by 2033, at a 5% yearly growth rate.
  • Canada’s gaming monitor market will reach about $571.9 million by 2033, growing at 5.9% per year from 2023.
  • The UK gaming monitor market will be valued at $163.1 million.
  • In the UK, the most popular gaming monitors are between 27 inches and 32 inches, expecting a 6.6% growth rate from 2023 to 2033.
  • China’s gaming monitor market is expected to grow from $342.6 million in 2023 to over $649.17 million by 2033.
  • India’s gaming monitor market is predicted to increase from $108 million in 2023 to $253.53 million by 2033, with an 8% annual growth rate.

By Panel

market-distribution-of-gaming-monitor-panel-types-from-2021-2023

(Resource: techpowerup.com)

  • In 2023, the market for monitor panels is mostly split between VA and IPS panels, each holding 48%, with TN panels at 2.4% and OLED panels at 1.6%.
  • VA panel gaming monitors are leading the market in 2023, valued at around $.75 billion.
  • By 2033, VA panel gaming monitors are expected to see a growth rate of 6.6% annually.
  • The TN panel gaming monitors are also expected to grow, reaching a 5.8% annual growth rate by 2033.

By Shipment Unit

the-worldwide-gaming-monitors-shipment-in-2023(Resource: statista.com)

  • According to a report analysis of IDC Corporate, the shipments of gaming monitors are expected to grow 10.8% by the end of 2023.
  • According to Statista analysis, the worldwide gaming monitors shipment in 2023 resulted in 20.8 million units which has increased from last year.
  • As of the report analysis, the over shipment unit of gaming monitors around the world has increased by 5% from 2019 to 2023.

By Types

  • Gaming monitors come in four main types: Vertical Alignment (VA) LCD, In-Plane Switching (IPS) LCD, Twisted Nematic (TN) LCD, and OLED.
  • In 2022, VA LCD monitors had the biggest part of the market, with 51%.
  • Following VA, IPS LCD monitors had 43.4%, TN LCD monitors had 5%, and OLED monitors had 0.6% of the market.
  • By 2023, the share of OLED gaming monitors is expected to increase to 1.6%.

By Refresh Rate

market-distribution-of-gaming-monitor-refresh-rates-from-2021-2023

(Resource: techpowerup.com)

  • According to the reports of Tech Power Up as of April 2023, the largest market share of 165 Hz – 180 Hz of gaming monitors accounted for 58%.
  • The next market distribution share of gaming monitor research rates is 120Hz – 160Hz is around 21%.
  • Furthermore, other gaming monitors research rates are followed by 200Hz and above (12%) and 100 Hz (9%).

By Company

  • The top 5 gaming monitor makers are Philips, ASUS, Acer, MSI, and Samsung.
  • Together, these companies will own about 50% of the market by the end of 2023.
  • Philips/AOC and ASUS alone will make up 30% of the market share.
  • These manufacturers are most popular in the Asia-Pacific area, holding a 45% share. Europe comes next with 28%, and North America with 18%.
  • In January 2023, Sony introduced a new gaming display called the Sony Inzone M3.
  • For gamers in India, Samsung released the latest Odyssey gaming monitors in February 2023.

By Source

gaming-monitor-market-growth(Source: emergenresearch.com)

Best Gaming Monitors of 2024

DELL-ALIENWARE-AW2721D

(Source: amazon.com)

  • Dell Alienware AW2721D (best 1440p gaming monitor)
  • These are around 27-inch, deliver excellent performance, and are available at Amazon’s cost of $720.

ASUS-ROG-SWIFT-PG32UQX

(source: amazon.com)

  • Asus ROG Swift PG32UQX (best 4K gaming monitor)
  • These are easily available at Amazon which are a bit expensive around $2,999 but are the best gaming monitor.

Dell-Alienware-AW3423DW

(Source: amazon.com)

  • Dell Alienware AW3423DW (best ultra-wide gaming monitor)
  • This provides speedy performance, and ultra-wide OLED, and is available at Amazon ($996), and Dell (1,299).

Asus-ROG-Swift-PG259QNR(Source: amazon.com)

  • Asus ROG Swift PG259QNR (best 1080 gaming monitor)
  • This enables great color accuracy, supports HDR, and refreshes rates of 360 Hz.
  • This monitor at easily available at Amazon and costs around $399.

Conclusion

As of today, after completing the article on Gaming Monitor Statistics it can be stated that these monitors are designed in such a way that they enable better graphics and processing along with larger screen field and superior screen resolution. After lots of research, it is expected that by the end of 2030, the global gaming monitor market size will turn up to $21.50 billion by the end of 2030.

This article includes important facts, advantages, market share, companies, applications, etc. Are you a gaming geek? Still not using a gaming monitor, then I recommend you go for it once and hope all the above information will help in understanding the topic effectively.

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Smart Speaker Statistics 2024 By Market Share, User Demographics and Future Usage Trends https://www.coolest-gadgets.com/smart-speaker-statistics https://www.coolest-gadgets.com/smart-speaker-statistics#respond Mon, 05 Feb 2024 16:36:46 +0000 https://www.coolest-gadgets.com/?p=3005 Introduction

Smart Speaker Statistics: Smart speakers have ended up increasingly popular in recent years, with their marketplace proportion predicted to grow appreciably in 2023. According to a record published by Statista, the global market is projected to attain over 200 million units by 2023, with this variety set to increase even in addition within the coming years.

Looking ahead to Smart Speaker Statistics, it is miles clear that smart audio systems will hold a crucial position in the world of technology and domestic automation. With new features and competencies being added all of the time, these gadgets are becoming increasingly more flexible and beneficial for a wide range of programs. Which smart speaker brand are you currently using? If not then no worries, this article includes a detailed analysis of different segments of smart speakers.

Editor’s Choice

  • The international smart speaker marketplace is anticipated to reach over 200 million gadgets by way of 2023.
  • According to Market.us, The Global Smart Speaker Market size is expected to be worth around USD 100 Billion by 2032 from USD 10.8 Billion in 2022, growing at a CAGR of 25.60%
  • In 2023, the worldwide cost of Tech speaker market share is expected to be $11.86 billion and by the end of 2032, it is expected to be $39.70 billion.
  • Amazon remains the highest shareholder brand of smart speakers in the United States, with a market share of over 60%.
  • As of September 2023, the most-owned smart speaker brand is Amazon Echo.
  • In the United Kingdom, almost 73% of people own an Amazon Echo at their homes.
  • The demand for smart speakers is growing around the world with a CAGR of 32.5% from 202 to 2033.
  • Smart audio systems have become increasingly flexible and useful, with new capabilities and talents being delivered all of the time.

Facts of Smart Speakers

  • Amazon stays the clear market chief inside the tech-speaker phase within the United States, with a market percentage of over 60%.
  • Google and Apple are intently behind, with marketplace stocks of around 30% and 10%, respectively.
  • In terms of people’s demographics, such speakers are maximum popular amongst millennials and Gen-Xers.
  • Country and vicinity-sensible, the US remains the largest market for advanced smart audio systems, observed through China and Europe

However, such speakers with displays, such as the Amazon Echo Show and Google Nest Hub, are also gaining popularity. Overall, the destiny seems vibrant for the tech speaker marketplace, as increasingly more consumers include this generation and integrate it into their day-by-day lives.

Global Market Share

  • The Smart Speaker Market is expected to be worth approximately $100 billion by 2032.
  • This market is projected to grow at a Compound Annual Growth Rate (CAGR) of 25.60% during the forecast period.
  • In 2022, the market was valued at $10.8 billion, indicating significant growth potential.
  • Smart speakers serve as central control hubs for various smart home functions, including entertainment and online browsing.
  • The prevalence of smart speakers in households worldwide has been steadily increasing with the rise in smart home technology.
  • Demand for smart speakers is expected to rise due to their growing use in residential applications.
  • Factors driving market opportunities include the proliferation of smart home products, AI development, and display-based technologies.
  • Major market players are expanding their business internationally to capture a larger market share.
  • The COVID-19 pandemic has increased the demand for smart speakers globally, driven by advancements in AI technology.
  • The expansion of wireless 5G infrastructure and natural language processing (NLP) is contributing to market growth.
  • Alexa is dominating the market among intelligent virtual assistants (IVAs).
  • The software segment has a competitive edge over hardware in the Smart Speaker Market.
  • Smart home applications are the largest market segment, driven by the popularity of smart appliances and devices.
  • North America currently holds a significant share in the market, with 36.4%, but Asia-Pacific is expected to surpass it by 2025.
  • Key market players include Amazon, Apple, Alphabet, and Xiaomi, among others.

By Regional Market Share

-amazon-dominates-the-u-s-smart-speaker-market(Reference: statcdn.com)

  • In the US, Amazon remains the clear market chief inside the speaker section with a marketplace proportion of 60 percent as of August 2023, according to Statista Consumer Insights.
  • Google Home follows with a market proportion of 27%, while Apple HomePod (21%), Google Nest (16%), and Sony (10%) make up the last marketplace proportion.
  • In China, Baidu leads the marketplace with a proportion of 34.3%, accompanied with the aid of Alibaba with a marketplace proportion of 23.8%, and Xiaomi with a marketplace share of 21.1%, according to Statista.
  • Other gamers inside the market consist of JD.Com, Tencent, and Huawei. On the other hand, at some point in the forecast year 2023 to 2030 the marketplace of smart speakers is anticipated to develop 18.2% of CAGR.
  • In Europe, Amazon leads with a marketplace proportion of 23.1%, followed by Google with a market percentage of 16.7% Other players in the marketplace include Sonos, Apple, and Bose.

smart-speaker-ownership-by-brand-in-india-as-of-june-2023(Reference: statista.com)

  • As of June 2023 in India, Amazon Echo with a marketplace share of 66.6%, other are followed with the aid of Google Home (32%), JBL (19%), Bose (18%), Apple HomePod (16%), LG (16%), Sony (16%), Xiaomi/Mi (16%), Lenovo (11%), Eufy Genie (9%), Harman Kardon (9%), Sonos (6%), Yamaha (6%), Motorola (5%), Noise Zest (5%), Zebronics (5%), and others (2%).
  • According to the reports of PR Newswire, the worldwide smart speaker market is projected to continue developing, with a market length forecast to reach over USD 7 billion in 2023.

By Users Demographics

  • According to Smart Speaker Statistics, these platforms have emerged as increasingly more famous in recent years, with millions of households around the sector owning a minimum of one speaker.
  • According to a document using Statista, the age institution that makes use of smart audio speakers is between 18 to 34 years, making up 45% of the full users.
  • The age organization of 35 to 54 years age group accounts for 38% of the customers.
  • Whereas, 17% of users are elderly 55 and above.
  • 51% of tech speaker users are male, and 49% are female.
  • The majority of customers are between 18 to 54 years old, indicating that smart speaker systems.

By Usage Statistics

smart-speakers-frequency-of-use.

(Source: Smit.vub.ac.be)

  • As of Smart Speaker Statistics 2023, the frequency of tech-oriented audio systems makes use of is most in Germany with usage daily (66.80%), month-to-month (23.50%), and never (9.70%).
  • Furthermore, usage of Tech speakers in the United Kingdom with each day (66.30%), monthly (26.30%), and never (9.70%).
  • On the other hand Americans with daily (50.10%), month-to-month (25.60%), and by no means (24.30%).
  • According to a file through Speakergy, in 2023, the common day utilization time of these speakers turned into 2.5 hours.
  • This is a growth from the previous year, wherein the average day-to-day usage time was 2.3 hours.
  • The record additionally stated that 70% of these speaker proprietors use their gadgets day by day.
  • Furthermore, the document observed that the maximum common time of day for smart audio speaker usage changed into the night, between 6 pm and 9 pm.

By Daily Usage

  • As of 2023, the frequency of tech-oriented audio systems makes use of is most in Germany with usage daily (66.80%), month-to-month (23.50%), and never (9.70%).
  • Furthermore, usage of Tech speakers in the United Kingdom with each day (66.30%), monthly (26.30%), and never (9.70%); on the other hand Americans with daily (50.10%), month-to-month (25.60%), and by no means (24.30%).
  • According to a file through Speakergy, in 2023, the common day utilization time of these speakers turned into 2.5 hours. This is a growth from the previous year, wherein the average day-to-day usage time was 2.3 hours. The record additionally stated that 70% of these speaker proprietors use their gadgets day by day.
  • Furthermore, the document observed that the maximum common time of day for smart audio speaker usage changed into the night, between 6 p.m. and 9 p.m. This suggests that these speakers are getting used to enjoyment functions, which include paying attention to tracks or podcasts, at some point of amusement time.

By Purpose of Use

  • The equal record by using Speakergy also discovered that the most common purpose of tech speaker use is for paying attention to track, with 68% of tech speaker proprietors using their gadgets for this motive.
  • Other popular uses include setting reminders and alarms (57%), asking well-known questions (52%), and controlling smart home gadgets (48%).
  • Interestingly, the report additionally found that 20% of such speaker proprietors use their devices for educational functions.

By Countries

most-owned-smart-speaker-brand-as-of-september-2023-by-country

(Reference: statista.com)

  • The above graph is taken from a published report by Statista, 2023 in the United Kingdom the top brand of smart speakers was Amazon Echo which was used by 73% of people.
  • As of 2023, other countries users share Amazon Echo by countries are Germany (71%), Brazil (70%), the United States (65%), India (64%), and Canada (51%).
  • Google Home is used by 40% of people in Sweden and 37% of people in the Netherlands.
  • On the other hand, in South Korea, 34% of people are using KT and in China around 29% of people are using Redmi & Apple HomePod.

By Country and Region Wise

  • In 2023, the global smart audio system marketplace is anticipated to obtain $13982.85 million, growing at a CAGR of 38.9% from 2023 to 2030.
  • According to Edison Research, 35% of American users will be 12 years or older personal tech speakers in 2023.
  • The marketplace is anticipated to grow further in the coming years, with a compound annual boom charge (CAGR) of 7.1% from 2022 to 2023, reaching $7.07 billion in 2023.

North America

In 2023 consistent with Statista, the most important market for advanced speakers is skilled through the North American region with 34% of market share. In this region, the biggest market proportion with 91 percent is covered by the United States of America. Google and Amazon’s Echo speakers are the most popular, with a market percentage of 90 percent.

(Source: technavio.com)

Europe

Europe is the second-largest market for smart speakers, with a marketplace share of $8.4 billion in 2023, consistent with Statista. The United Kingdom is the most important marketplace within the vicinity, accounting for 5.55% of CAGR between the years 2023 to 2028. In the UK, Amazon’s Echo speakers are the maximum popular, with a market percentage of 74% in 2023, accompanied by Google Home with a market share of 42%.

Asia Pacific

Asia Pacific is the 3rd largest marketplace for tech speakers, with a share of 44% in 2023, as of Statista. China is protecting the most important marketplace percentage with 60.8% of the overall Asia Pacific tech speaker market. China’s Alibaba’s Tmall Genie audio system has the maximum popularity with 34.7% and Baidu with 30.2% share.

Rest of the World

The other part of the worldwide region is expecting to gain around 12.1% of the global market percentage of advanced tech speakers as of Statista’s report. Brazil is the maximum vital marketplace inside the location, accounting for 43.3% of the complete rest of the arena market. In Brazil, Amazon’s Echo audio structures are the most popular with 60.5%, and Google Home with 23.4% marketplace share.

Smart Speaker Statistics Website Traffic

  • In the year 2023, there are around 1.13 billion websites on the internet, but only a fraction of these are actively using and updating their devices as Smart Speakers.
  • According to Forbes Advisor reports, approximately 82% of websites are not updated regularly.
  • However, total websites are expected to enhance in the future years as more businesses and individuals are now involved with the advanced technologies in the Smart Speaker Statistics.
  • For instance, in 2023, Statista mentioned that Amazon.com had a mean of 2.5 billion visits consistently per month, making it the maximum visited internet site inside the United States.
  • Other famous websites consist of Google, YouTube, and Facebook, which receive billions of visits each month. However, it’s miles crucial to note that those websites aren’t solely devoted to smart speakers and might have a huge range of content.

By User Engagement

  • According to Speaker, advanced tech speaker websites have visible and boom in consumer engagement in 2023.
  • A report published by Edison Research in 2023, states that at least 35% of Americans 12 years or older owned a smart speaker.
  • This displays only a 2% growth from 2021, which showed a 6% growth from 2020.
  • Since 2017, according to these numbers, the general growth has been 28% of the market base, from 7% to the current 35%.
  • As the number of customers keeps growing, speaker websites will probably see an increase in site visitors and engagement.

By Brands Statistics

  • As of 2023, Amazon is the main tech speaker brand with a marketplace percentage of 28.3%.
  • On the other hand, the marketplace share of Google is 22.9%.
  • Other brands together with Apple, Xiaomi, and Alabama hold a small market share.

By Models Statistics

(Source: amazon. in)

  • Amazon’s Echo Dot is the most famous smart speaker version, with a marketplace percentage of 16.9% in 2023.
  • Google’s Nest Mini follows with a marketplace proportion of 12.5%.
  • Other famous fashions include Amazon’s Echo Show, Google’s Nest Hub, and Apple’s Home Pod.
  • Smart presentations, which include Amazon’s Echo Show and Google’s Nest Hub, include a display screen that can show visible facts similar to voice responses.

Future Use

Predicted Trends to Smart Speakers Statistics state that the marketplace is expected to continue to grow in recognition as more people turn out to be acquainted with the technology and its abilities. One of the traits that are predicted to continue is the combination of tech advanced speakers with different smart home gadgets. This will allow customers to govern their entire home with just their voice. Additionally, such speakers are anticipated to be more personalized as they research more about their customers and their preferences.

Another trend this is anticipated to preserve is the expansion of the speaker marketplace to new international locations and areas. As more people grow to be familiar with the generation, demand is anticipated to grow in nations where smart speakers are not widely used.

Conclusion

In the end, after completing the article on Smart Speaker Statistics it can be stated that the marketplace is predicted to grow gradually in 2023 and beyond. The marketplace is ruled by Amazon, as observed by Google and Apple. According to Statista, the installed base of smart speakers inside the United States is projected to reach 1025.9 million devices by 2025. Hope now has a clear idea about different brands and market share of smart speakers. Now let us know which smart speaker you are going to invest in this year.

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Smart Washing Machine Statistics 2024 By Revenue, Regions and Key Players https://www.coolest-gadgets.com/smart-washing-machine-statistics https://www.coolest-gadgets.com/smart-washing-machine-statistics#respond Mon, 05 Feb 2024 16:19:24 +0000 https://www.coolest-gadgets.com/?p=3270 Introduction

Smart Washing Machine Statistics: Today, smart washing machines are the best choice for daily laundry chores. Compared to traditional washing machines, these smart washing are better for efficient clothes washing along with saving energy and water simultaneously. These also come with voice-controlled options using Alexa, or Google Assistant.

Looking at the Smart Washing Machines Statistics, it is clear that, the demand for the same is continuously on the rise due to the factor of technological advancement and ease in the use of such equipment. Let’s look at what insights say about the recent market.

Editor’s Choice

  • According to reports, the increase in the energy-efficient washing machine is the main driver for high demand.
  • As of 2022, North America’s Smart Washing Machine market was expected to grow at a CAGR of 19.8%.
  • As of 2022, the global smart washing machine market was valued at USD 8.9 billion which is expected to reach USD 57 billion by 2030.
  • Many smart washing machines come with mobile apps that help you operate them from smartphones. They are also compatible with tablets, Google Assistant, and Alexa.
  • In the United States of America, around 35% of households are using smart technology washing machines. However, in the coming 5 years, the share is expected to grow by 55%.
  • Furthermore, by 2027, the demand for top-load smart washing machines is expected to increase by 23.5%, in addition to the machines with more than 10 kg capacity at 23.7% by a similar year.
  • When you want to hand wash your clothes in warm water, smart machines will do it for you.
  • Samsung, LG, IFB, Whirlpool, and Voltas are the major players in the Smart Washing Machine market according to their revenue in 2022.
  • In case the machine is facing any technical issues or requires any maintenance jobs it will notify you on your smartphone.

What are Smart Washing Machines?

Smart Washing machines are the modern version of traditional washing machines. These come with WiFi connectivity, voice control options, a touch screen, the ability to remember preferred washing cycles, enabled connectivity to a smart home, and multiple modes to wash clothes including cold and hot water washing.

These are smart enough to work on their own, even when the command is given from a smartphone. As of today, top-load and front-load machines are available in the smart home category. Each of these is comparatively costly but can save energy and water during washes.

Traditional Washing Machines vs Smart Washing Machines

Smart Washing Machines Traditional Washing Machines
Touchscreens or access through smartphones Manual operating for basic functioning such as buttons
Multiple program selection Restricted program selection
Works on its own Requires manual command to work
Remembers most used programs No ability to remember any programs
Energy saving features High energy consumption
Comparatively costly Affordable cost
Remote functioning and monitoring are available Such functions are not available

Types of Washing Machines

Front-load

(Source: unsplash.com)

In the case of front-load washing machines, clothes are loaded from the front side of the machine. These are efficient in cleaning, energy, and water saving. However, the cost of the same is comparatively higher than top-load washing machines and may cause odor problems.

Top Load

(Source: nbcnews.com)

In top-load washing machines, the clothes are added from the top of the machine. These machines are affordable to buy, It is possible to add any extra clothes cycles. These machines are less water and energy-efficient.

Features of Smart Washing Machines

  • You can add additional items – In case you have added extra clothes after the machine starts its washing circle, you just need to press the ‘Add item’ option to manage the weight.
  • Troubleshooting in the machines – In case the machine is facing any technical issues or requires any maintenance jobs it will notify you on your smartphone.
  • Measurement of detergent or liquid – The smart washing machine will automatically weigh the clothes and suggest the amount of detergent or liquid.
  • Memory feature – Smart washing machines will remember the most used program to wash clothes, and they will use it for future circles.
  • Capacity – Depending on the capacity, such as from 6kg to 12 kg, the amount of water and energy required to wash will be determined automatically.
  • Mobile App – Many smart washing machines come with mobile apps that help you operate them from smartphones. They are also compatible with tablets, Google Assistant, and Alexa.
  • Multiple programs – Smart machines have multiple programs to wash different types of clothes. You can choose the programs before starting the regular circle.
  • Safety – These machines are made with the perspective of children’s safety. Many of them come with child lock buttons or they simply stop working if the door is opened.
  • Warm water – When you want to hand wash your clothes in warm water, smart machines will do it for you.

General Smart Washing Machines Statistics

  • As of 2022, North America’s Smart Washing Machine market was expected to grow at a CAGR of 19.8%.
  • However, the Asia Pacific region is expected to grow at the highest rate in the coming years.
  • Furthermore, by 2027, the demand for top-load smart washing machines is expected to increase by 23.5%, in addition to the machines with more than 10 kg capacity at 23.7% by a similar year.
  • According to Smart Washing Machines Statistics, the global market is expected to grow at a CAGR of 15.4% reaching 39.2 billion by 2032.
  • In the United States of America, around 35% of households are using smart technology washing machines. However, in the coming 5 years, the share is expected to grow by 55%.
  • As of 2022, the global smart washing machine market was valued at $8.9 billion which is expected to reach $ 57 billion by 2030.
  • According to reports, the increase in the energy-efficient washing machine is the main driver for high demand.
  • In 2022, Western Europe stood as the second-largest market for smart washing machines.

By Key Players’ Revenue

smart-washing-machine-market-key-players-revenue

(Reference: datahorizzonresearch.com)

According to reports, Samsung, LG, IFB, Whirlpool, and Voltas are the major players in the Smart Washing Machine market according to their revenue in 2022.

By  Growth in Demand by Regions

_smart-washing-machine-market_Smart_Washing_Machine_Market_Growth_Rate_by_Geography_2021-2026
(Source: mordorintelligence.com)

Smart Washing Machine Statistics state that between 2021 to 2026, the highest demand is expected from the Asian region, while it will be low in North America. A moderate level of growth is expected in the African region in similar years.

By Market Comparison Between 2019 to 2031

market-size-comparison-for-the-global-smart-washing-machine-market-from-2019-to-2031.

(Reference: statista.com)

According to Smart Washing Machines Statistics, in 2022, the global market was valued at $8.9 billion as an average of most estimates. However, with continued growth and demand in technological development, the market is expected to reach around $57 billion by 2030.

Best Smart Washing Machine to Buy in 2024

#1. Whirpool WTW6120HW 4.8 CU. Ft. White Smart Top Load Washer

Whirpool-WTW6120HW-4.8-CU.-Ft.-White-Smart-Top-Load-Washer

This is one of the best choices for small apartments wherein students or single people are living. It has a 4.8 cubic feet capacity and goes up to 750 rpm for almost drying the clothes. This machine can be connected to smartphones for remote controlling such as scheduling or stopping cycles, customizing settings, or controlling the overall functions of the machine. Moreover, it has a quick wash option to complete the cycle in under 30 minutes. However, it is somewhat noisy.

#2. LG WM4200HWA 5.0 Cu. Ft. Mega Capacity Smart Wifi Enabled Front load washer with Turbo Wash

LG-WM4200HWA-5.0-Cu.-Ft.-Mega-Capacity-Smart-Wifi-Enabled-Front-load-washer-with-Turbo-Wash

(Source: makeuseof.com)

This model is one of the most efficient models that can save energy with its ColdWash technology. It has a 5 cubic capacity and 360 TurboWash technology can lead to efficient and ultra-fast washing. With the ability to WifI connectivity, the ThinQ app will help you with the current status of washing cycles using notifications on the smartphone.

Users can also start and stop the machine remotely. This model is somewhat costly, yet one of the most efficient smart washing machines

#3. General Electric GE GFW850SPNRS 5.0 Cu. Ft. Sapphire Blue Electric Smart Washer

General-Electric-GE-GFW850SPNRS-5.0-Cu.-Ft.-Sapphire-Blue-Electric-Smart-Washer.

(Source: makeuseof.com)

This model is the best suit for removing any odor after washing the clothes. It can efficiently wash any pet clothes, and smelly or sweaty gym clothes without leaving any smell. It comes with a 5 cubic ft load capacity. It removes any odor by using an UltraFresh vent system and lets the clothes smell fresh after every wash.

In addition, the model can be connected to WiFi and controlled remotely by using smartphones. Users can run or stop the cycles, set schedules, and customer settings as well as receive notifications about the same on smartphones.

#4. GE GFW650SPNSN 4.8 cu. Ft. Smart Front Load Washer & GFD65ESPNSN 7.8 cu. ft. Electric Dryer

GE-GFW650SPNSN-4.8-cu.-Ft.-Smart-Front-Load-Washer-GFD65ESPNSN-7.8-cu.-ft.-Electric-Dryer

(Source: thespruce.com)

This duo comes with a front-loading washer and dryer. These can sync machine cycles. Moreover, users can connect this with WiFi for remote control through the app and is compatible with Amazon Alexa as well as Google Home.

This duo can send notifications on smartphones about its status or any troubleshooting or maintenance. These come with a 4.8 cubic feet washer capacity, and 12 washer cycles along with a 7.8 cubic feet dryer capacity.

#5. Maytag High-Efficiency Smart Top Load Washer

Maytag-High-Efficiency-Smart-Top-Load-Washer

(Source: makeuseof.com)

Maytag is the best choice for vibration control. It comes with a 5.3 cubic feet load capacity, and it is compatible with Google Assistant and Alexa. Remote operating of the machine is also possible by customizable settings, as well as notifications for wash cycles and schedules. This model has an inbuilt water faucet for heavy-duty washes. Moreover, it can cycle memory for efficient washes.

Conclusion

Instead of going to separate laundry shops and doing the laundry, now the time has come to buy your smart washing machine. These are the affordable smart devices that would help you in your daily life laundry chores. With these machines, you can operate from your smartphone. Not only these, but you get multiple options to wash your clothes based on the material, with cold or hot water. These are energy efficient, and won’t increase the electricity bill going out of budget. Proven by these Smart Washing Machines Statistics, we are experiencing a comfortable life using advanced technology.

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