According to ABI Research, Wi-Fi to Play Dominant Role in the $25 Billion Smart Appliance Market: here is how!

In this report captured by Connectikpeople, we can observe that, Wi-Fi is preferred by appliance manufacturers for wireless connectivity which will see over 21 million Wi-Fi enabled

appliances shipped worldwide in 2018.

According to ABI Research, high penetration of Wi-Fi networks in residential households and its ability to easily add devices to the home area network without additional bridges or controllers are seen as a key advantage. However, partly due to Wi-Fi’s higher energy consumption, other connectivity technologies such as ZigBee, Z-Wave, and Bluetooth will slowly gain share of the smart appliance market.

Connectikpeople has also observed that, North America remains the most lucrative market which has seen the fastest growth in the uptake of the smart appliances and is expected to see revenues in excess of $500 million in 2013. China’s booming luxury market along with more mature markets such as Japan, South Korea, and Australia will drive growth in the APAC region for smart home appliances at a five year CAGR of 92%.