Deep Dive 16 minutes PremiumConnected Homes 3 – Smart Home Appliances & Entertainment Coresight Research May 20, 2016 Executive Summary About 46% of consumers say that entertainment is an important factor in smart home adoption—and 5% even say it is their number one reason to purchase a smart home system. The global market for smart home appliances was $7.7 billion in 2014. It is expected to grow at a compound annual growth rate of 16.8% between 2015 and 2020, to reach $19.6 billion. As of 2014, the global smart entertainment market was worth $1.8 billion and it is expected to touch $9.8 billion in 2020, representing compound annual growth of 32.6%. Most leading firms in the smart home appliances and entertainment segment have established themselves because of their popularity and expertise over many years of manufacturing and selling home and consumer electronics. Currently, in terms of its revenue and product portfolio, Samsung seems most likely to emerge as the market leader in this segment. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Consumer Tracker: Consumers Settle in to Inflation-Combatting StrategiesCoresight Bites: Which US Consumers Are Most Sensitive to Inflation?US Apparel and Beauty Spending Tracker, August 2023: Beauty, Clothing and Footwear Spending Growth Slows But Remains ResilientEarnings Insights 3Q23, Week 3: Coty and Ralph Lauren Report Positive Sales Growth; Capri Holdings, Hanesbrands and Qurate Retail See Sales Decline