Global Smart Home-Based Beverage Machine Market: Things to Focus on to Ensure Long-term Success 2020-2026 - PowerPoint PPT Presentation

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Global Smart Home-Based Beverage Machine Market: Things to Focus on to Ensure Long-term Success 2020-2026

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global smart home-based beverage machine market is expected to amass lucrative revenue proceeds owing to increasing consumer spending on smart kitchen appliances. Availability of intelligent beverage devices that provide personalized and customized features may spur industry growth. – PowerPoint PPT presentation

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Title: Global Smart Home-Based Beverage Machine Market: Things to Focus on to Ensure Long-term Success 2020-2026


1
Smart Home-Based Beverage Machine Market Top
Growth Pockets Promising Market Dominance 2026
2
Industry Overview
  • Accordingly, to Global Market Insights research
    report the global smart home-based beverage
    machine market is expected to amass lucrative
    revenue proceeds owing to increasing consumer
    spending on smart kitchen appliances.
    Availability of intelligent beverage devices that
    provide personalized and customized features may
    spur industry growth. A research led by Global
    Market Insights, Inc., estimates that the global
    smart home-based beverage machine market might
    surpass a valuation of 2 billion through 2026.
  • Growing awareness regarding the benefits of
    consuming vegetable and fruit juices is
    anticipated to driving smart juice machines
    demand over the forthcoming years. People
    nowadays are getting more health conscious and
    are avoiding the consumption of packaged juices
    that contain added preservatives. In a bid to
    consume healthy and fresh fruit juices, consumers
    are increasing purchasing smart juice machines.
  • The product provides several benefits such as
    recipe suggestions, app-based controls, as well
    as container size detection. People can control
    these devices through voice assistants to
    immediately have fresh and squeezed juice. In
    addition, high portability, user-friendliness,
    and small size may expand product penetration
    across households.

3
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  • On the regional front, the Middle East and Africa
    smart home-based beverage machine market is
    likely to observe significant demand primarily
    across Saudi Arabia and the UAE. Growing need for
    a comfortable household environment and luxurious
    lifestyle is driving the demand for smart
    beverage machines in the region.
  • Smart home appliances are also observing steady
    demand owing to rapid constructions of luxury
    homes in Middle East and Africa. Citing an
    instance, in March 2020, Danube Properties in UAE
    unveiled its construction project that has 741
    residential units. These residential spaces would
    be pre-equipped with smart home and kitchen
    appliances for offering a comfortable and
    luxurious living.
  • Companies working in the smart home-based
    beverage machine market are increasingly focusing
    on product innovation and development activities.
    Firms are working towards initiating strategic
    partnerships and collaborations to improve their
    business reach.

4

Browse Full Market Research Report _at_
https//bit.ly/2Z4DdJp Request for a Sample
of this Research report _at_ https//bit.ly/3bulw8H
5
Growth Drivers
  • Growing smart home and smart kitchen
    establishments globally
  • Increasing electronic manufacturing activities in
    Asia Pacific
  • Energy efficiency policies and initiatives in
    Europe and North America
  • The rising demand for electronic appliances in
    Brazil and Mexico
  • Increasing consumption of fresh fruit juices in
    Europe

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  • The competitive landscape of the smart home-based
    beverage machine market is inclusive of players
    such as Hurom Co., Ltd., Kuvings, Smart Soda
    Holdings Inc., Bevi, Coway Co. Ltd., Jura, Illy,
    DeLonghi S.p.A., Behmor, Inc., Breville Group
    Ltd., and BSH Hausgerate GmbH among others.

7
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