Middle East & Africa Smart Plug Market Size & Outlook
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MEA smart plug market highlights
- The MEA smart plug market generated a revenue of USD 17.2 million in 2022.
- The market is expected to grow at a CAGR of 35.2% from 2023 to 2030.
- In terms of segment, wi-fi was the largest revenue generating product support in 2022.
- Wi-Fi is the most lucrative product support segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 17.2 million |
| Market revenue in 2030 | USD 191.7 million |
| Growth rate | 35.2% (CAGR from 2022 to 2030) |
| Largest segment | Wi-fi |
| Fastest growing segment | Wi-Fi |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wi-Fi, Bluetooth |
| Key market players worldwide | Panasonic Holdings Corp, Vesync Co Ltd, Xiaomi Corp Class B, Lenovo Group Ltd, D-Link, Belkin International, Edimax technology, Insteon, Leviton Manufacturing, SDI Technologies, TP-Link, Ankuoo, Satechi, ConnectSense |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.5% of the global smart plug market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 191.7 million by 2030.
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Smart Plug Market Scope
Smart Plug Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ConnectSense | View profile | 11-50 | Naperville, Illinois, United States, North America | http://www.connectsense.com |
| Satechi | View profile | 11-50 | San Diego, California, United States, North America | http://www.satechi.net/ |
| Ankuoo | View profile | 1-10 | Latham, New York, United States, North America | http://ankuoo.com |
| TP-Link | View profile | 10001+ | Reading, Reading, United Kingdom, Europe | https://www.tp-link.com/ |
| SDI Technologies | View profile | 101-250 | Rahway, New Jersey, United States, North America | https://sditechnologies.com/ |
| Leviton Manufacturing | View profile | 10001+ | Melville, New York, United States, North America | https://www.leviton.com |
| Insteon | View profile | 11-50 | Irvine, California, United States, North America | http://www.insteon.com |
| Edimax technology | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.edimax.com/ |
| Belkin International | View profile | 5001-10000 | Playa Vista, California, United States, North America | http://www.belkin.com |
| D-Link | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.dlink.com/ |
| Lenovo Group Ltd | View profile | 71090 | 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong | https://www.lenovo.com |
| Xiaomi Corp Class B | View profile | 33627 | Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, China, People's Republic of | https://www.mi.com |
| Vesync Co Ltd | View profile | 1296 | 1001 Zhongshan Park Road, Room 501–502, Block F3, TCL International E City, Shenzhen, China, People's Republic of, | https://www.vesync.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Middle East & Africa smart plug market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart plug market will help companies and investors design strategic landscapes.
Wi-fi was the largest segment with a revenue share of 87.21% in 2022. Horizon Databook has segmented the Middle East & Africa smart plug market based on wi-fi, bluetooth covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa smart plug market databook
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Our clientele includes a mix of smart plug market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart plug market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart plug market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Smart Plug Market Outlook Share, 2022 & 2030 (US$M)
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