Market Research Report
Global Smart Doorbell Market 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||498759|
|Published||Content info||118 Pages
Delivery time: 1-2 business days
|Global Smart Doorbell Market 2019-2023|
|Published: July 8, 2019||Content info: 118 Pages||
Smart doorbell is an internet-connected doorbell where the user can view the person at the door from a smartphone or a tablet. Technavio's smart doorbell market analysis considers sales from both stand-alone smart doorbell and integrated smart doorbell. Our analysis also considers the sales of smart doorbell in APAC, Europe, MEA, North America, and South America. In 2018, the stand-alone smart doorbell segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as cost advantage will play a significant role in the stand-alone smart doorbell segment to maintain its market position. Also, our global smart doorbell market report also looks at factors such growing number of strategic partnerships in the market, increasing demand for smart locks, and increasing penetration of broadband connection. However, uncertainties in the technical issues, growing security concerns, and poor network coverage may hamper the growth of the smart doorbell industry over the forecast period.
Smart lock has witnessed growing demand from consumers due to factors such as flexibility with high security, easy installation, remote locking and unlocking, and instant alerts to homeowners in case of burglary. The entry of new players into the global smart lock market has led to availability of new products at low costs. This demand for combination of smart lock and smart doorbell among customers will lead to the expansion of the global smart doorbell market at a CAGR of over 46% during the forecast period.
When doorbells are connected to internet, attackers can penetrate the portal through cross site scripting and code injection and can manage to acquire user credentials. Hackers can access the smart doorbell when connected to wireless network which becomes a threat to the security of home. These security issues are expected to have a negative impact on the overall market growth.
For the detailed list of factors that will drive the global smart doorbell market during the forecast period 2019-2023, view our report.
With the presence of few major players, the global smart doorbell market is concentrated. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart doorbell manufacturers, that include August Home Inc., dbell Inc., Google LLC, Ring LLC, and SkyBell Technologies Inc.
Also, the smart doorbell market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.