Global Smart Doorbell Market to Grow at 69% CAGR Through 2018-2022 | Technavio
LONDON--(BUSINESS WIRE)--Jun 12, 2018-- analysts forecast the global smart doorbell market to grow at a CAGR of over 69% during the period 2018-2022, according to their latest market research report.
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Technavio has published a new market research report on the global smart doorbell market from 2018-2022. (Graphic: Business Wire)
In this report, Technavio highlights the incorporation of night vision technology in smart doorbells as one of the key emerging trends in the . Several homeowners believe that burglaries are committed at night time, but the most common timings are 6 am-6 pm, mainly because burglars assume homeowners to be at work, which makes it easy to rob the house. Keeping a home completely safe requires the deployment of technologies that work properly at night time as well. As a result, many smart doorbell manufacturers are integrating night vision technologies into their products. These night vision technologies help homeowners to have a continuous feed of the front of the homes.
In this report, Technavio analysts highlight the growing interest in home automation as a key factor contributing to the growth of the global smart doorbell market:
Global smart doorbell market: Growing interest in home automation
Home automation involves the incorporation of several wireless communication technologies, which allow various devices within a home to be interconnected. These devices are connected to a mobile computing device such as a smartphone or a tablet so that the end-user can obtain information in real time. Traditionally, home automation was regarded as a luxury; however, presently, with various cheaper products available in the market, the interest in home automation is steadily increasing.
According to a senior analyst at Technavio for embedded systems, “Regions such as the Americas and EMEA, have been firm adopters of home automation, primarily due to factors such as the increasing need for luxury. Countries such as the US were one of the first countries to show a keen interest in home automation. The primary reason leading to the high growth of the smart home market in the Americas is the growing demand for a comfortable and luxurious lifestyle, which can be achieved by using home automation in residences.”
Global smart doorbell market: Segmentation analysis
This market research report segments the global smart doorbell market into the following products (stand-alone smart doorbell and integrated smart doorbell) and key regions (the Americas, APAC, and EMEA).
The Americas was the leading region for the global smart doorbell market in 2017, accounting for a market share of nearly 59%. By 2022, APAC is expected to register the highest growth rate of nearly 2%.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket sizing Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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INDUSTRY KEYWORD: BUILDING SYSTEMS TECHNOLOGY DATA MANAGEMENT INTERNET SOFTWARE SECURITY MOBILE/WIRELESS CONSTRUCTION & PROPERTY
SOURCE: Technavio Research
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