Middle East & Africa Smart Plug Market Size & Outlook

The smart plug market in Middle East & Africa is expected to reach a projected revenue of US$ 191.7 million by 2030. A compound annual growth rate of 35.2% is expected of Middle East & Africa smart plug market from 2023 to 2030.
Revenue, 2022 (US$M)
$17.2
Forecast, 2030 (US$M)
$191.7
CAGR, 2023 - 2030
35.2%
Report Coverage
Middle East & Africa

MEA smart plug market highlights

  • The MEA smart plug market generated a revenue of USD 17.2 million in 2022.
  • The market is expected to grow at a CAGR of 35.2% from 2023 to 2030.
  • In terms of segment, wi-fi was the largest revenue generating product support in 2022.
  • Wi-Fi is the most lucrative product support segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2022USD 17.2 million
Market revenue in 2030USD 191.7 million
Growth rate35.2% (CAGR from 2022 to 2030)
Largest segmentWi-fi
Fastest growing segmentWi-Fi
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWi-Fi, Bluetooth
Key market players worldwidePanasonic Holdings Corp, Vesync Co Ltd, Xiaomi Corp Class B, Lenovo Group Ltd, D-Link, Belkin International, Edimax technology, Insteon, Leviton Manufacturing, SDI Technologies, TP-Link, Ankuoo, Satechi, ConnectSense


Other key industry trends

  • In terms of revenue, MEA region accounted for 6.5% of the global smart plug market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 191.7 million by 2030.

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Smart Plug Market Companies

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Middle East & Africa smart plug market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart plug market will help companies and investors design strategic landscapes.


Wi-fi was the largest segment with a revenue share of 87.21% in 2022. Horizon Databook has segmented the Middle East & Africa smart plug market based on wi-fi, bluetooth covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Middle East & Africa smart plug market databook

  • Our clientele includes a mix of smart plug market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart plug market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart plug market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa smart plug market

Middle East & Africa Smart Plug Market Outlook Share, 2022 & 2030 (US$M)

Middle East & Africa smart plug market

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