Smart Furniture Market Analysis

The global smart furniture market is segmented by application into residential and commercial, out of which, residential segment is anticipated to hold the largest market share on the back of changing lifestyle and increasing discretionary income of population around the globe. Additionally, shifting trend of consumers towards the adoption of furniture which are interconnected to IoT is also anticipated to drive the growth of the segment during the forecast period. According to Organisation for Economic Co-operation and Development (OECD), household disposable income in the USA increased from 40624.23 USD/capita in the year 2010 to 50294.00 USD/capita in the year 2017.

Our in-depth analysis of the global market includes the following segments