Global Smart Remote Market

Smart Remote Market Size, Share, Growth Analysis, By Type(Infrared (IR), Radio (RF)), By Distribution Channel(Online, Offline), By Application(Residential, Commercial) - Industry Forecast 2024-2031

Report ID: SQSG25H2006 | Region: Global | Published Date: April, 2024
Pages: 246 | Tables: 89 | Figures: 76

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Smart Remote Market size was valued at USD 2.16 billion in 2019 and is poised to grow from USD 2.33 billion in 2023 to USD 4.58 billion by 2031, growing at a CAGR of 7.8% in the forecast period (2024-2031)

The existence of several international players defines the 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', 'Bose Corporation', 'Logitech International S.A.', 'Universal Electronics Inc.', 'Peel Technologies Inc.', 'Savant Systems LLC', 'Control4 Corporation', 'Ruwido Austria GmbH', 'SMK Corporation', 'Crestron Electronics Inc.', 'Amulet Hotkey Ltd.', 'ADT Inc.', 'ABB Ltd.', 'Leviton Manufacturing Co., Inc.', 'BroadLink', 'LG Electronics Inc.', 'Samsung Electronics Co., Ltd.', 'TCL Corporation', 'Xfinity', 'Amazon.com, Inc.'

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

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