2021 Smart Devices Research Review

Report Code: IAS187A

Publish Date: Mar 2022

Publisher: BCC Publishing

Category: Instruments

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Report Highlights

  • The global smart grid market should reach $55.9 billion by 2026 from $36.9 billion in 2021 at a compound annual growth rate (CAGR) of 8.7% for the forecast period of 2021 to 2026.
  • The global smart transducers market should reach $551.8 million by 2026 from $375.0 million in 2021 at a compound annual growth rate (CAGR) of 8.0% for the forecast period of 2021 to 2026.
  • The global smart displays market should reach $205.4 billion by 2026 from $98.9 billion in 2021 at a compound annual growth rate (CAGR) of 15.7% for the forecast period of 2021 to 2026.

 

“Smart devices” are electronic devices that can connect, interact, receive feedback and self-optimize their processes. These devices are designed to be efficient (energy/time) with significantly higher functionality.

While the epidemic has created several hurdles, ranging from supply chain delays to store closures and social distancing regulations to economic damage, businesses still have numerous prospects for growth. Manufacturers, integrators, merchants and others can benefit from these opportunities by helping to provide a better smart experience for consumers and end users.

In 2021, BCC covered many topics on IoT-driven technologies and devices. In this review, we cover four of our most popular topics:

  • A Smart Grid is an advanced electricity transmission system that utilizes sensors to gather data about energy usage and the requirements of end users.
  • A smart transducer is a device that converts energy from one form to another, often a signal in one form of energy to a signal in another form of energy.
  • A smart speaker is a type of wireless electronic device with an integrated virtual assistant that offers interactive actions and hands-free activation.
  • A smart display is a monitor that can be connected wirelessly and requires little or no keyboard activity.

Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. This 2021 Research Review of Smart Devices provides a sampling of the type of quantitative market information, analysis and guidance that has been aiding business decision-making since the inception of BCC Research in 1971. It includes the highlights of reports published in 2021 in the following markets:

We encourage you to obtain and benefit from the full market research reports that are excerpted in this Research Review. BCC Research looks forward to serving your market intelligence needs in the future.

Analysts' Credentials

BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.

Report Synopsis

Report Metrics Details
Base year considered 2020
Forecast period considered 2021-2026
Base year market size $35.1 billion
Market size forecast $55.9 billion
Growth rate CAGR of 8.7% from 2021 to 2026
Units considered $ Billions
Segments covered Component, End-User
Regions covered North America, Europe, Asia-Pacific, Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, France, U.K., Spain, Sweden, Switzerland, Russia, Japan, China, India, South Korea, Singapore, Malaysia, Australia, Hong Kong, South America, Middle East and Africa (MEA)
Key Market Drivers
  • Growing Investments
  • Advanced Metering Infrastructure
  • Increasing Consumer Adoption of Home Automation
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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: 2021 Smart Devices Research Review169Free
Chapter- 1: Foreword2Free
Chapter- 2: Smart Grid: Global Markets to 2026 (ENG032A)51Free
Chapter- 3: Smart Transducers: Global Markets (IAS179A)39Free
Chapter- 4: Smart Speaker Market (IAS170A)16Free
Chapter- 5: Smart Displays: Global Markets (AVM210A)61Free

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Smart Grid: Global Markets to 2026

Published - Nov 2021 | Publisher - BCC Publishing | Code - ENG032A

The global market for smart grid technology is estimated to grow from $36.9 billion in 2021 to $55.9 billion by 2026, at a compound annual growth rate (CAGR) of 8.7% during the forecast period of 2021-2026.

Smart Transducers: Global Markets

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The global market for smart transducers should grow from $375.0 million in 2021 to $551.8 million by 2026, at compound annual growth rate (CAGR) of 8.0% for the period of 2021-2026.

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2021 Smart Devices Research Review
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