Smart Connected Power Plug Socket Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Product Type;

Smart Plugs and Smart Power Strips

By Connectivity Technology;

Wi-Fi, Bluetooth, Zigbee, Z-Wave and Others

By Application;

Residential, Commercial and Industrial

By End User;

Home Users, Small & Medium Enterprises (SMEs) and Large Enterprises

By Features;

Energy Monitoring, Voice Control, App Control, Scheduling & Automation and Surge Protection

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn283562340 Published Date: December, 2025 Updated Date: February, 2026

Smart Connected Power Plug Socket Market Overview

Smart Connected Power Plug Socket Market (USD Million)

Smart-Connected Power Plug Socket Market was valued at USD 100.48 million in the year 2024. The size of this market is expected to increase to USD 145.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.


Smart Connected Power Plug Socket Market

*Market size in USD million

CAGR 5.4 %


Study Period2026 - 2032
Base Year2025
CAGR (%)5.4 %
Market Size (2025)USD 100.48 Million
Market Size (2032)USD 145.20 Million
Market ConcentrationMedium
Report Pages331
100.48
2025
145.20
2032

Major Players

  • Aeon Labs
  • Azpen Innovation
  • Belkin International
  • D-Link Systems
  • Honeywell International
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Smart Connected Power Plug Socket Market

Fragmented - Highly competitive market without dominant players


Smart Connected Power Plug Socket Market is witnessing significant growth as smart home adoption, IoT integration, and energy-efficient practices become mainstream. These sockets enable remote appliance control, detailed energy monitoring, and enhanced safety. Presently, over 55% of connected households rely on smart sockets for better convenience and power management.

Rising Demand for Energy Efficiency
The shift toward energy-conscious lifestyles is fueling widespread adoption of smart sockets. More than 60% of users actively choose connected sockets to track consumption and optimize appliance usage. By reducing unnecessary power waste, these solutions deliver measurable energy savings and financial benefits.

Technological Advancements Shaping the Market
The integration of AI systems, voice-enabled assistants, and cloud technology is advancing smart socket capabilities. Around 45% of new product developments highlight automation, smart scheduling, and ecosystem compatibility. These innovations support digital connectivity, providing seamless smart home integration and efficient usage control.

Expanding Consumer Adoption
Smart sockets are increasingly popular in residential spaces, corporate offices, and commercial setups. Currently, over 50% of smart ecosystem users have integrated connected sockets into their networks. Their versatile features, including remote scheduling, real-time alerts, and safety functions, are accelerating adoption rates.

Future Growth Opportunities
smart connected power plug socket market is expected to expand steadily, driven by automation trends, connected living, and energy optimization. More than 40% of upcoming smart home deployments are projected to include these sockets. With continuous innovation and greater awareness, the market is set for robust and long-term growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Connectivity Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Features
    6. Market Snapshot, By Region
  4. Smart-Connected Power Plug Socket Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Adoption of Smart Home Automation
        2. Growth in Internet of Things (IoT) Technology
        3. Demand for Energy Efficiency Solutions
        4. Rising Consumer Awareness of Energy Consumption
      2. Restraints
        1. Concerns about Data Privacy and Security
        2. High Initial Investment Costs
        3. Compatibility Issues with Existing Home Infrastructure
        4. Limited Interoperability with Other Smart Devices
      3. Opportunities
        1. Expansion of Smart Home Ecosystems
        2. Integration with Renewable Energy Systems
        3. Customization for Commercial and Industrial Applications
        4. Adoption of Smart Grid Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Smart Connected Power Plug Socket Market, By Product Type, 2021 - 2031 (USD Million)
      1. Smart Plugs
      2. Smart Power Strips
    2. Smart Connected Power Plug Socket Market, By Connectivity Technology, 2021 - 2031 (USD Million)
      1. Wi-Fi
      2. Bluetooth
      3. Zigbee
      4. Z-Wave
      5. Others
    3. Smart Connected Power Plug Socket Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
    4. Smart Connected Power Plug Socket Market, By End User, 2021 - 2031 (USD Million)
      1. Home Users
      2. Small & Medium Enterprises (SMEs)
      3. Large Enterprises
    5. Smart Connected Power Plug Socket Market, By Features, 2021 - 2031 (USD Million)
      1. Energy Monitoring
      2. Voice Control
      3. App Control
      4. Scheduling & Automation
      5. Surge Protection
    6. Smart-Connected Power Plug Socket Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Belkin International, Inc.
      2. TP-Link Technologies Co., Ltd.
      3. D-Link Corporation
      4. Leviton Manufacturing Co., Inc.
      5. Panasonic Corporation
      6. Honeywell International Inc.
      7. BroadLink
      8. Azpen Innovation
      9. Legrand SA
      10. Siemens Energy
      11. Schneider Electric SE
      12. General Electric
      13. Hitachi Energy Ltd.
      14. Ameresco
      15. PowerSecure International Inc.
  7. Analyst Views
  8. Future Outlook of the Market