With the holiday shopping season in full swing, retailers are looking to sell more smart appliances than ever before. New research from IHS supports that optimism. Over the next five years, the compound annual growth rate for the smart connected white goods market is forecast at a whopping 134%. White goods include washing machines, clothes dryers, dishwashers, refrigerators, room air-conditioners, and large cooking appliances. With smaller home appliances such as smart locks, coffee machines, and robotic vacuums included, the market becomes even rosier. Discover three factors driving smart appliance adoption rates.
Editor's Note: This news brief was brought to you by the Appliance Technology eNewsletter. Subscribe today to have content like this delivered to your inbox
|
Comments rated to be "almost" Good Answers: