Smart Remote Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to smart remote market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Smart Remote Market News

  • In January 2022, SMK Electronics Corporation, announced to unveil its new Android TV OEM Remote Control (SAT RC) at CES 2022. This smart remort control will include Universal IR and Voice Input control oparating to Bluetooth Low Energy remote control platforms.

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Global Smart Remote Market size was valued at USD 2.7 billion in 2023 and is poised to grow from USD 2.91 billion in 2024 to USD 5.35 billion by 2032, growing at a CAGR of 7.9% during the forecast period (2025-2032).

The existence of several international players defines the global smart remote market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our Smart Remote market reports, some of the leading Smart Remote manufacturers are as follows: Sony Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., Haier Electronics Group Co., Ltd., Toshiba Corporation, Philips, Bose Corporation, Logitech International S.A., Universal Electronics, HBC-radiomatic GmbH, Crestron Electronics, Inc., Ruwido, Infrared Remote Solutions, SMK-Link Electronics among several others. 'Sony Corporation (Japan) ', 'Bose Corporation (US) ', 'Logitech International S.A. (Switzerland) ', 'Universal Electronics Inc. (US) ', 'Peel Technologies Inc. (US) ', 'Savant Systems LLC (US) ', 'Ruwido Austria GmbH (Austria) ', 'SMK Corporation (Japan) ', 'Crestron Electronics Inc. (US) ', 'Amulet Hotkey Ltd. (UK) ', 'ADT Inc. (US) ', 'ABB Ltd. (Switzerland) ', 'Leviton Manufacturing Co., Inc. (US) ', 'BroadLink (China) ', 'LG Electronics Inc. (South Korea) ', 'Samsung Electronics Co., Ltd. (South Korea) ', 'TCL Corporation (China) ', 'Xfinity (US) ', 'Amazon.com, Inc. (US)'

Shifting buyer inclination for comfort over cost has prompted progressions in improving client experience, utilizing the communication technologies such as graphical user interface (GUI). These factors have indirectly influenced the improvements in remote control innovation.

The rising tendency of the customers towards comfort, in excess of cost, has prompted the developments and upgrades that enhance the client experience, combined with progressions in technologies such as graphical user interface (GUI).

Asia Pacific added to the most elevated portion in the overall industry revenue in 2021 and is estimated to proceed with a sturdy growth rate, attributable to rising interest for smart home devices from the countries such as Japan, China, and India. Additionally, rising middle-class population and growing disposable income within the region is on of the primary factor for the continued demand for smart home appliances, which will significantly expand the interest for smart remote in the coming years.

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Global Smart Remote Market
Smart Remote Market

Report ID: SQSG25H2006

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