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Smart Refrigerator Market size is set to grow by USD 6.72 billion from 2024-2028, New product launches boost the market, Technavio

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NEW YORK, June 24, 2024 /PRNewswire/ — The global smart refrigerator market size is estimated to grow by USD 6.72 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 22%  during the forecast period. New product launches is driving market growth, with a trend towards growing adoption of iot-enabled devices. However, cyber-attacks due to security issues related to internet connectivity  poses a challenge. Key market players include Electrolux AB, General Electric Co., Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Hitachi Ltd., Lenovo Group Ltd., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, Smeg S.p.a., THOR Kitchen Inc., Toshiba Corp., and Whirlpool Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Smart Refrigerator Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 22%

Market growth 2024-2028

USD 6722.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.33

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, China, Germany, UK, and Japan

Key companies profiled

Electrolux AB, General Electric Co., Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Hitachi Ltd., Lenovo Group Ltd., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, Smeg S.p.a., THOR Kitchen Inc., Toshiba Corp., and Whirlpool Corp.

Market Driver

The Intelligent Digital Network (IDN) revolution in home appliances enables smart refrigerators to connect and be controlled online. Samsung’s launch of a 4-door French refrigerator with AI family hub in April 2024 is a significant development. This innovative product offers features like remote refrigerator monitoring, messaging, doorbell identification, thermostat adjustment, CCTV access, and recipe suggestions. These advanced functionalities are driving the expansion of the global smart refrigerator market. 

The smart refrigerator market is experiencing significant growth with advanced technologies such as voice recognition, touch screens, and connectivity. Tech-savvy consumers are increasingly preferring these modern appliances for their convenience and efficiency. Refrigerators with tech features like temperature control, food expiration alerts, and compatibility with smart home systems are trending. Brands are focusing on improving user experience and integrating these features seamlessly. The market is expected to continue growing as technology advances and consumer demand increases. Smart refrigerators offer a combination of functionality and innovation, making them a must-have in modern kitchens. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The smart refrigerator market faces challenges due to vulnerabilities in device security. With increasing IoT integration, refrigerators and other household appliances become targets for cyber-attacks. Weak security parameters and connectivity with other devices pose risks to consumer data. Vendors are addressing these concerns by enhancing software and IoT features. However, the rush to launch new products may result in inadequate security measures, creating opportunities for hackers to exploit personal information or launch larger-scale attacks. This security issue may hinder market growth during the forecast period.

•         The smart refrigerator market is experiencing significant growth due to the integration of advanced technologies such as Wi-Fi connectivity, touchscreens, and voice recognition. However, there are challenges that need to be addressed to ensure the success of this market. One challenge is ensuring compatibility with various home automation systems and appliances. Another challenge is ensuring energy efficiency and reducing power consumption. Additionally, ensuring user-friendly interfaces and seamless integration with food delivery services are crucial for customer satisfaction. Furthermore, ensuring data security and privacy are essential to protect consumer information. Overall, addressing these challenges will help drive innovation and growth in the smart refrigerator market.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This smart refrigerator market report extensively covers market segmentation by  

Distribution Channel1.1 Offline1.2 OnlineEnd-user 2.1 Residential2.2 CommercialGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Offline-  The Smart Refrigerator Market is experiencing significant growth due to increasing consumer demand for convenience and technology integration in household appliances. These refrigerators offer features such as temperature control, inventory management, and compatibility with voice assistants, making them an essential addition to modern kitchens. Manufacturers continue to innovate, integrating new technologies like Wi-Fi connectivity and energy efficiency, further enhancing their appeal to consumers.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The smart refrigerator market is experiencing significant growth due to the integration of electricity-powered smart technologies in everyday appliances. These advanced devices offer both convenience and efficiency for tech-savvy millennials. Smart refrigerators, equipped with intelligent sensors, monitor power consumption and enable timely usage to prevent wastage. The market for smart home products, including smart refrigerators, is expanding as consumers seek to optimize their living spaces. Digital features, such as touch screens and RFID scanners, allow users to easily manage food items and access real-time information. Connectivity options enable remote monitoring and timetabled tasks, adding to the convenience and appeal of these intelligent appliances. Despite the benefits, restrictive containment measures may impact the market’s growth in certain regions. Overall, the smart refrigerator market is poised for continued success in the era of smart homes and advanced sensors.

Market Research Overview

The Smart Refrigerator Market is experiencing significant growth due to the increasing demand for advanced home appliances. These refrigerators are equipped with features like temperature control, inventory management, and energy efficiency. The integration of the Internet of Things (IoT) and artificial intelligence (AI) is enabling these appliances to learn consumer behavior and optimize energy usage. The market is driven by factors such as rising disposable income, urbanization, and changing consumer preferences. The use of sensors and connectivity is enabling manufacturers to offer personalized services and remote monitoring capabilities. The market is expected to continue its growth trajectory in the coming years, with innovations in technology and design being key drivers.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOfflineOnlineEnd-userResidentialCommercialGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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QUIGLEY-SIMPSON LAUNCHES NEW AI DISCOVERABILITY AND VISIBILITY OFFERING

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Agency Helps Brands Improve How They Are Discovered, Understood, Referenced, and Recommended Across AI-Powered Platforms

LOS ANGELES, June 15, 2026 /PRNewswire/ — Quigley-Simpson, the impact-obsessed independent marketing agency, today announced a new AI discoverability and visibility offering designed to help brands improve how they are discovered, understood, referenced, and recommended across AI assistants, large language models (LLMs), search engines, and digital media environments.

As consumers increasingly turn to AI-powered platforms for information, recommendations, and purchasing decisions, brands face a new challenge: ensuring accurate, credible, and authoritative information about their business is available and accessible to both people and AI systems.

“Consumers are no longer discovering brands through search engines, advertising, or social media alone,” said Carl Fremont, CEO of Quigley-Simpson. “AI platforms are becoming an increasingly important source of information and recommendations. Brands must now think beyond traditional visibility and consider how they are represented across the broader AI ecosystem.”

The new capability helps brands understand and improve the signals that influence how AI systems interpret, evaluate, and recommend information. Unlike point solutions focused solely on monitoring AI responses, Quigley-Simpson’s approach combines communications, content, creative, media, analytics, and optimization to help brands actively strengthen their visibility and authority.

Built on the agency’s integrated operating system, the offering leverages expertise from communications, creative, media, analytics, strategy, and technology teams to address this emerging challenge.

“We believe brands now need to market to both humans and machines,” said Jeff Ratner, President, Media, Data & Analytics at Quigley-Simpson. “The information AI platforms use doesn’t appear by accident. It is shaped by content, communications, media signals, authority, and credibility across the digital ecosystem. What differentiates our approach is our ability to move beyond diagnosis and activate solutions through integrated communications, creative, media, and analytics programs.”

Historically, communications strategies were designed primarily to influence people. Today, they also influence the systems increasingly shaping consumer discovery and decision-making.

“Brands have spent decades optimizing how they communicate with consumers,” said Alissa Stakgold, President Strategy and Creative Services, at Quigley-Simpson. “Now they must also consider how they communicate with the AI systems that summarize, interpret, and distribute information at scale. This capability helps brands better understand those dynamics and respond strategically.”

The offering combines proprietary methodologies with leading third-party technologies, including AI visibility and monitoring platforms, while leveraging Quigley-Simpson’s broader media, analytics, and intelligence infrastructure.

Initial services include:

• AI visibility and discoverability audits
• Brand authority and citation analysis
• Competitive benchmarking
• Communications and content strategy
• Creative and messaging optimization
• Media and content amplification
• AI response monitoring and reporting
• Ongoing optimization and measurement

The framework is built around five core pillars: Content, Credibility, Connections, Coverage, and Calibration.

Together, these pillars help brands strengthen the signals that influence how AI systems interpret, reference, and recommend information while improving consistency across communications, content, media, and customer experiences.

ABOUT QUIGLEY-SIMPSON:
Headquartered in Los Angeles, with an office in New York City, Quigley-Simpson is the largest WBENC-certified woman-owned advertising agency in the country and an impact-obsessed marketing partner for brands seeking measurable growth. Its fully integrated offerings span brand strategy, creative development, media planning and buying, digital performance, analytics, and AI-enabled solutions. For 25 years, Quigley-Simpson has helped brands break through growth barriers by connecting brand building with business outcomes. As a full-solutions, full-journey agency, it transforms insights into action and action into measurable impact, delivering results that drive long-term growth and competitive advantage. Clients include industry leaders such as JPMorgan Chase and Procter & Gamble, alongside high-growth brands including Generac, Simply Business, Finance of America, and Kumon. Quigley-Simpson’s approach is rooted in a simple philosophy: be Brand-led, Demand-driven, and Impact-obsessed.

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SOURCE Quigley-Simpson

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Dialogica Emerges from Stealth to Empower Lawyers to Reclaim Their Time

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New class of legal cognition provides fully secure, local platform to remove the rote, non-billable work that slows lawyers down

SANTA MONICA, Calif., June 15, 2026 /PRNewswire/ — Dialogica (“Dia”), the new, voice-first class of legal cognition built to empower lawyers to reclaim their time while preserving legal judgment, trust, and confidentiality, announced its public launch today. The company is supported by Ground Up Ventures, led by Cory Moelis, and global leading lawyers, including Tom Glocer, ex-CEO of Thomson Reuters, and members of the board of directors at Morgan Stanley and Merck, Scott Taylor, former GC of Symantec, Health Ingram, a Top 40 BioTech Regulatory Counsel and Partner at Goodwin Proctor, and partners at various AmLaw 50 law firms.

Dia was built to free lawyers from the rote work that holds firms back, like calendaring, timekeeping, redlining, precedent searching, tracking clients, matters, deals, and cases, and much more, so they can focus on what they do best. Sensitive firm data stays within the firm’s walls, and Dia works seamlessly with the systems and technology already in place. The result is more billable time and revenue per lawyer, and more room for work-life balance that is rarely afforded in the industry.

The launch comes as current ‘last mile’ legal AI tools have focused on the drafting work that lawyers spend years training to do. Dia is focused on the first mile of legal work; this is the high-friction layer where matters start, where time is lost, and where repetitive work slows lawyers down. It operates as a horizontal, voice-first dialogue layer that strengthens what firms already have rather than replacing it, and was built to provide a practical, secure way to give lawyers an intuitive, easy-to-use system while maintaining the standards of security, confidentiality, and control that their clients demand.

“I spent years watching my colleagues, and brilliant lawyers, lose hours every single day to work that had nothing to do with being a lawyer,” said Austin Worrell, Co-Founder and CEO, Dialogica. “We built Dia to give lawyers this time back, without touching their judgment, training on firm data, or asking anyone to change how they work. We want lawyers to be able to focus on counsel, strategy, and client services; the work that defines a great law firm, and that no AI could ever replace.”

“We built Dia to be the first platform that works the way law firms already operate, rather than force them into a new system,” said Joshua Goodman, Co-Founder and CTO, Dialogica. “At the same time, Dia does not compromise on security, ensuring firms get all the benefits without anything leaving their environment. This is an exciting moment to work with firms that want to move now to define the modern legal practice and future-proof their practices.”

Scott Joachim serves as President of Dialogica, and has almost three decades of experience as a corporate attorney. He previously served as Co-Chair of the Global Private Equity Practice at Paul Hastings, an “American Lawyer Top 25” international law firm, and chair of the private equity practice at leading technology law firm Fenwick and West. He also serves as an adjunct professor at Columbia University. “The intersection of law and technology is at a critical inflection point. I joined Dialogica because I’ve seen first-hand the inefficiencies and frictions in law practice that our products solve. The numbers are undeniable.”

“There is nothing in the market right now making non-billable hours more productive,” said Cory Moelis, General Partner, Ground Up Ventures. “In a field where privacy is absolutely critical, you can’t just build using foundational models. Assistants are emerging as the next wave as models become commodities, and that’s why I’m thrilled to be involved with Dialogica, as they are ahead of this curve.”

About Dialogica
Dialogica, Inc. is the company behind Dia, a secure amplified intelligence platform built to help law firms clear the clutter of daily practice while preserving the legal judgment, client trust, and confidentiality that define the profession. Designed for the operating realities of sophisticated firms, Dia is a voice-first dialogue layer that works across existing systems to reduce repetitive, non-billable work and give lawyers more time for the counsel, strategy, analysis, and client service only they can provide. For more information, visit: dialogicaai.com.

Media Contact
Dialogica@5wpr.com

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SOURCE Dialogica, Inc.

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NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

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NEW YORK, June 15, 2026 /PRNewswire/ — Neuberger Municipal Fund Inc. (NYSE American: NBH) (the “Fund”) has announced a distribution declaration of $0.05417 per share of common stock. The distribution announced today is payable on July 15, 2026, has a record date of June 30, 2026, and has an ex-date of June 30, 2026. The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.

The distribution announced today, as well as future distributions, may consist of net investment income, realized capital gains, and return of capital. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. To the extent that a distribution includes a return of capital, the NAV per share may decline and an investor’s cost basis of their shares will be reduced. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $567 billion of equities, fixed income, private markets, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of March 31, 2026.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund’s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

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