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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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Technology

RefrigiWear® Unveils New Heated PPE System at ASSP Safety26 Expo

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ANAHEIM, Calif., June 15, 2026 /PRNewswire/ — RefrigiWear®, the leading manufacturer of insulated PPE and workwear for the global cold chain, announced the new ThermaSync™ Jacket and ThermaSync™ Glove, an integrated heated workwear system designed to keep workers warm, productive and protected even in temperatures down to -15°F.

ThermaSync™ combines heating technology with a completely unique connection to deliver warmth from core to fingertips.

The new products will debut at the ASSP Safety26 Conference & Expo, June 15–17, in Anaheim, California.

Connected Warmth from Core to Fingertips

ThermaSync™ combines battery-powered heating technology with industrial-grade durability and a completely unique connection between the products to deliver synchronized warmth from core to fingertips.

“Cold environments create real challenges for workers, affecting comfort, dexterity, productivity and job performance. Worn together, ThermaSync™ products create a connected system that maintains consistent warmth across the body and hands,” says RefrigiWear CEO Ryan Silberman.

The result is an innovative solution for insulated PPE that helps workers stay safe, comfortable and focused on the job.

ThermaSync™ Jacket

Even before powering up, the ThermaSync™ Jacket is insulated for protection in temperatures down to -15°F. Heating elements across the chest and back, plus high- and low-heat settings, let workers adjust warmth as activity levels or conditions change.

The jacket features durable abrasion-resistant, water-resistant materials, multiple pockets and an adjustable hem to block cold drafts, along with one rechargeable lithium-ion battery pack that provides up to 8 hours of heat per charge.

ThermaSync™ Glove

Also insulated for -15°F temperatures, the ThermaSync™ Glove uses magnetic connectors to draw power from the ThermaSync™ Jacket, delivering extra warmth across the back of the hand and fingers. This unique connector amplifies cold protection to your hands because if your hands are cold, it is hard to focus on anything else.

A waterproof design and grip-enhancing synthetic leather palm support secure material handling. Touchscreen-capable thumb, index and middle fingers let workers use screens without exposing hands to cold temperatures.

Experience ThermaSync™ at Safety26

ASSP Safety26 attendees are invited to visit RefrigiWear Booth #4415 for demonstrations of the ThermaSync™ Jacket and ThermaSync™ Glove.

About RefrigiWear

Founded in 1954 by Myron Breakstone, RefrigiWear makes the toughest workwear for the toughest workers and for the coldest conditions. With a long history rooted in real-world experience, RefrigiWear understands the challenges of working in extreme cold, helping the company deliver high-quality insulated workwear that stands up to the coldest, dirtiest, harshest conditions imaginable. Learn more at RefrigiWear.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/refrigiwear-unveils-new-heated-ppe-system-at-assp-safety26-expo-302800795.html

SOURCE REFRIGIWEAR

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PSignite, the company behind the CPGvision platform, is recognized by The Silicon Review as one of the Most Reputable Companies of the Year 2026

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NEW YORK, June 15, 2026 /PRNewswire/ — PSignite, a leading provider of innovative software solutions in the trade and revenue management space, today announced that it has received The Silicon Review’s Most Reputable Companies of the Year 2026 award. Click the link below for the interview with PSignite CEO, Jon Flaherty.

https://thesiliconreview.com/magazine/profile/why-tpm-and-rgm-success-depends-on-adoption-not-just-software 

About PSignite

PSignite is a leading provider of advanced software solutions for the consumer packaged goods industry. With a focus on utilizing artificial intelligence and machine learning to help companies optimize their trade promotion funds and grow revenue profitably, PSignite offers innovative platforms designed to streamline processes and deliver actionable insights. For more information, visit cpgvision.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/psignite-the-company-behind-the-cpgvision-platform-is-recognized-by-the-silicon-review-as-one-of-the-most-reputable-companies-of-the-year-2026-302800802.html

SOURCE PSignite

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GateKeeper to Showcase Proximity-Based Identity Access for Shared Workstations at Identiverse 2026

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GateKeeper will showcase its proximity-based passwordless MFA and identity access platform at Identiverse 2026 at Booth #113, highlighting how it helps mission-critical industries secure shared workstations without slowing down frontline workflows. The press release positions GateKeeper as a solution for improving identity assurance, user accountability, audit visibility, and frictionless access across manufacturing, healthcare, law enforcement, and other high-security environments.

LAS VEGAS, June 15, 2026 /PRNewswire-PRWeb/ — Untethered Labs, Inc., creator of GateKeeper Proximity, today announces that it will showcase GateKeeper Proximity and GateKeeper IDP at Identiverse 2026, taking place June 15–17 at Mandalay Bay in Las Vegas. Attendees can visit GateKeeper at Booth #113 for live demonstrations focused on passwordless workstation access, shared workstation accountability, and stronger identity assurance for mission-critical environments.

” At Identiverse, we are showing how GateKeeper extends passwordless MFA and identity assurance to the frontline environments where speed, accountability, and security all have to work together.” Siddharth Pothbare.

GateKeeper is addressing a persistent identity challenge for organizations where shared workstations, fast user switching, operational uptime, and auditability all matter. While many organizations have invested in cloud SSO, MFA, and identity governance, shared endpoint environments remain difficult to secure without adding friction to daily workflows.

Manufacturing floors, healthcare clinics, law enforcement facilities, and other high-throughput operations often require multiple users to access the same endpoint throughout the day. In these environments, long passwords, shared credentials, frequent password resets, and incomplete user traceability can create both security risk and productivity drag. GateKeeper helps organizations reduce reliance on passwords while tying workstation access events back to the individual user.

GateKeeper combines proximity-based authentication with centralized access management and identity provider capabilities. Users can authenticate with a GateKeeper token, supported NFC/RFID badge, or mobile credential, helping organizations enforce consistent MFA while maintaining a fast and familiar user experience. The result is stronger identity assurance from the workstation to applications, without forcing frontline teams into slower or more disruptive login processes.

“Identity programs have made major progress in the cloud, but shared workstations remain one of the hardest environments to secure without disrupting operations,” said Siddharth Pothbare, CEO at Untethered Labs. “At Identiverse, we are showing how GateKeeper extends passwordless MFA and identity assurance to the frontline environments where speed, accountability, and security all have to work together.”

At Booth #113, GateKeeper will demonstrate how organizations can:

Replace shared passwords with token, badge, or mobile-based passwordless authentication.Tie workstation access events to individual users, even in shared workstation environments.Enforce phone-free MFA consistently across mission-critical endpoints and applications.Improve workflow speed for operators, clinicians, officers, and frontline staff.Generate clean audit logs that support compliance, investigations, and access reviews.Extend identity assurance from workstation login to downstream application access through GateKeeper IDP capabilities.

GateKeeper’s approach has already helped mission-critical organizations reduce login friction while improving security and accountability. In one customer deployment, Major Tool & Machine reported significant time savings compared to conventional authentication methods.

“While conventional two-factor authentication methods could have cost the company over 240 hours of login time for 14,000 logins in one month, GateKeeper took only 20 hours of time to log in. GateKeeper made the computers secure, and cost 90% less in time as compared to any other authentication method.” — Tom Riddle, Network Administrator, Major Tool & Machine

About Untethered Labs, Inc.

Untethered Labs, Inc. is the creator of GateKeeper Proximity (https://gkaccess.com) a passwordless authentication and access management platform designed for environments where security, speed, and accountability are critical. GateKeeper helps organizations secure workstation access, enforce MFA, streamline user authentication, and maintain audit visibility across shared and dedicated endpoint environments.

Media Contact

GateKeeper Proximity, Untethered Labs, Inc., 1 2405475446, info@gkaccess.com, www.gkaccess.com 

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/gatekeeper-to-showcase-proximity-based-identity-access-for-shared-workstations-at-identiverse-2026-302799979.html

SOURCE Untethered Labs, Inc.

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