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MARKET OUTLOOK

Triton Market Research predicts the global smart cleaning and hygiene market to witness growth at a CAGR of 14.39% over the predicted period of 2021-2028. 

Factors such as a rapid surge in acceptance of new technology, increase in the aging population, and rise in women workforce have enhanced the demand for smart cleaning and hygiene products, driving the market’s growth. Additionally, cleaning hazardous nuclear waste and application of these products in ocean cleaning opens new avenues for the smart cleaning and hygiene market. 

In contrast, the high maintenance of smart cleaning products, coupled with the high cost of these products, are impeding the global market’s future growth. 

REGIONAL OUTLOOK

The global smart cleaning and hygiene market encompasses the regions of North America, the Asia-Pacific, Latin America, Europe, and the Middle East and Africa.

Geographically, the Asia-Pacific is expected to become the fastest-growing region in the smart cleaning and hygiene market over the forecast period. This is because the region has several decades of experience with industrial automation, which is increasing the demand for robotic solutions. Further, several governments have invested heavily in robotics and AI research, which will offer lucrative opportunities to the smart cleaning and hygiene market. Other than this, the surge in acceptance of technology, increasing purchasing power, and working population growth, are augmenting the growth of the smart cleaning and hygiene market across major countries, including China and Japan. 

COMPETITIVE OUTLOOK

The renowned companies in the smart cleaning and hygiene market include Xiaomi Corporation, Neato Robotics, Samsung Electronics Co Ltd, LG Electronics, Vorwerk and Co KG, Haier Group Corporation, SharkNinja, Electrolux AB, Roborock Technologies, Panasonic Corporation, Hitachi Ltd, Maytronics, Ecovacs Robotics, Cyberdyne, and iRobot Corporation.      

Samsung Electronics Co Ltd is a consumer electronic company offering smartphones, tablets, wearables, VR, accessories, television, laptops, washers, dryers, and others. It serves clients across various industries, such as hospitality, healthcare institutions, finance, education, and government. The company has operations across multiple regions, such as North America, Latin America, Middle East and Africa, and Europe. Samsung is headquartered in Seoul, South Korea.