The global Smart Remote Market size is expected to reach USD 4.07 billion by 2030, growing at a CAGR of 7.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. A smart remote is a wireless electronic device that can remotely control another device. It usually operates five or more home appliances, ranging from interconnected devices like a thermostat or smart lighting system to traditional home media components like a TV and speakers. For controlling the TV, Wi-Fi, and Bluetooth for interconnected home devices, it has a range of infrared (IR) sensors and radios. The screen inside a smart remote control could also change depending on the device being operated. While some smart remotes are apps that leverage your phone's built-in features, others are actual devices that can occupy a single space on your desk.
The
smart remote industry is significantly benefitted from the developments of
technologies such as the Internet of Things (IoT). The upgraded usage
of sensors is furthermore expected to augment the demand for smart remotes.
Moreover, the smart remote-control technology based on Wi-Fi is also expected
to gather considerable attention from a huge consumer base owing to its
convenience and ease of use. The chief factors impacting the growth are that
the smart remotes are equipped with cutting-edge features compared to
conventional remote controls.
To
improve the end-user experience, TV providers have started experimenting with
more advanced capabilities on remotes, such as Bluetooth connectivity, Wi-Fi,
keyboard interfaces, voice recognition, and even touchscreen functionality. For
instance, in April 2022, Samsung, a provider of home electronics and other
technology, partnered with ABB, a Swedish Swiss multinational company, to
expand Samsung's IoT integration into more buildings and homes. The
collaboration of both companies would establish a one-stop shop for IoT
solutions, enabling building technology monitoring and control to be simple to
access. Together, the two businesses will create a cloud-to-cloud integration
that will give users enhanced access and control.
Related Press
Release@ Smart Remote Market Report
List of Key Players in Smart Remote Market
- Samsung
Electronics Co. Ltd.
- Sony
Corporation
- LG
Electronics Inc.
- Toshiba
Corporation
- Haier
Electronics Group Co., Ltd.
- Philips
- Logitech
International S.A.
- Bose
Corporation
- Universal
Electronics
- Crestron
Electronics, Inc.
- HBC-radiomatic
GmbH
- Ruwido
- SMK-Link
Electronics
- Infrared
Remote Solutions
Smart Remote Market Report Highlights
- The smart TV
application segment led the market in 2022. Smart TVs provide a wide range
of computing capabilities and connections with unified internet
capabilities. Consumers may search, talk, explore, share, update, and
download material on smart TVs
- The offline
distribution channel segment led the market in 2022. Increasing organized
retail sectors in developing economies such as China, India, and Japan are
expected to boost the segment’s growth
- The infrared
smart remote-control segment led the market in 2022. Infrared technology
is used to control electronic devices with remote controllers. The
technology is prevalent for TVs, cable boxes, satellite receivers, DVRs,
and other home automation devices. Further, mechanical devices such as
motors and lifts can also be controlled using infrared technology
- Asia Pacific
dominated the market in 2022 owing to the rising adoption of smart home
appliances in developing economies such as China, Japan, and India
Smart Remote Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2023 |
USD 2.41 billion |
|
Revenue forecast in 2030 |
USD 4.07 billion |
|
Growth rate |
CAGR of 7.8% from 2023 to
2030 |
|
Base year for estimation |
2022 |
|
Historical data |
2017 - 2021 |
|
Forecast period |
2023 - 2030 |
Related Reports@
Smart Remote Market Segmentation
Grand
View Research has segmented the global smart remote market based on
application, distribution channel, type, and region:
Smart Remote Application Outlook (Revenue, USD
Million, 2017 - 2030)
- Smart TV
- Other
Smart Remote Distribution Channel Outlook (Revenue, USD
Million, 2017 - 2030)
- Offline
- Online
Smart Remote Type Outlook (Revenue, USD Million, 2017 -
2030)
- Infrared
Smart Remote-Control
- Bluetooth
Smart Remote-Control
- Wi-Fi Smart
Remote-Control
- Radio
Smart-Remote-Control
Smart Remote Regional Outlook (Revenue, USD Million, 2017
- 2030)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Asia Pacific
- China
- Japan
- India
- Central
& South America
- Brazil
- Middle East
& Africa
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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