Global Wireless Doorbells Market 2017-2021

Overview of the global wireless doorbells market

Research analysis on the wireless doorbells market identifies that the increasing preference towards smart homes and security systems will be one of the major factors that will have a positive impact on the growth of the market. Smart homes use the Internet and other digital platforms for numerous operations including energy management and for controlling home appliances and security systems. It has been observed that by 2020, there will be over 70 million smart homes in North America and Europe. This rise in smarthomes will subsequently drive the need for smart home security systems such as smart security cameras, smart doorbells, and smoke detectors. Since smart wireless doorbells can automatically notify homeowners upon detecting intruders near the door, the coming years will witness an increase in its adoption, fueling market growth. Technavio's market research analysts predict that this market will grow at a CAGR of almost 45% by 2021.

Owing to advancements in technology and the rise in awareness on the usage of wireless doorbells, North America will witness an increased adoption of smart home technology during the next four years. The US will be the major contributor to the market in the Americas, where the increased penetration of the Internet and smartphones drive the adoption of smart connected doorbells.

Competitive landscape and key vendors

Characterized by the presence of many large and small-sized companies, this market appears to be fragmented and is competitive. The vendors in the market use promotional offers or reduce their product prices to improve their market shares and sustain the competition. Product innovation and innovative marketing activities are the major strategies adopted by the vendors in this marketspace. Additionally, the vendors also focus on enhancing their geographic reach.

The leading vendors in the market are -

• 1byone.com
• August Home
• Honeywell International
• Ring
• SadoTech
• SkyBell Technologies

The other prominent vendors in the market are ABB Genway, Aiphone, COMMAX, dbell, Ding Labs, Kaito Electronics, JACOB JENSEN DESIGN, Legrand North America, Panasonic, SHENZHEN KIVOS TECHNOLOGY, XIAMEN DNAKE TECHNOLOGY, and Zmodo.

Segmentation by product and analysis of the wireless doorbells market

• Non-connected wireless doorbells
• Connected wireless doorbells

During 2016, the non-connected wireless doorbells segment accounted for the major shares of this market. These doorbells include a chime and push button and allow the installation of the chime anywhere within range. The demand for these wireless doorbells is high in the developing countries, which will increase in the coming years due to product innovation and design.

Segmentation by end-users and analysis of the wireless doorbells market

• Residential users
• Commercial users

The residential segment was the major end-user to the wireless doorbells market in 2016. The growth in the awareness about the technological advancements that has in the adoption of smart devices and products to enhance the security drives the market growth in this segment. The integration of embedded low-power radios in connected doorbells will fuel the market's growth prospects in this end-user segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global wireless doorbells market?
• What are the key market trends impacting the growth of the global wireless doorbells market?
• What are the challenges to market growth?
• Who are the key vendors in the global wireless doorbells market?
• What are the market opportunities and threats faced by the vendors in the global wireless doorbells market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global wireless doorbells market?

Technavio also offers customization on reports based on specific client requirement.

The upcoming report on the global wireless doorbells market contains a thorough analysis of market intelligence measurement parameters such as key vendors, competitive landscape, market size, emerging trends, and growth rate. The report provides a complete overview into the general retail goods and services sector by an in-depth analysis of reports from the consumer and retail industry.

Market research analyst conducts extensive primary and secondary research activity by gathering information from retailers, manufacturers, vendors, and consumers. By using research tools such as telephonic interview, retail store monitoring, analysis of trade journals, and case studies, the report provides an accurate estimate of the market growth during the forecast period.

The upcoming report on the global wireless doorbells market also considers the growth of related markets such as the humidifiers market and DIY tools market which are expected to grow at the rate of 4% and 3%, respectively, for the forecast period of 2017 to 2021. Analyzing the market overview in regions such as the Americas, APAC, and EMEA, the report provides a complete geographic segmentation analysis on the market. The advent of cloud technologies which enable the system to backup videos on the cloud could boost the growth of this market.

The report also provides a complete competitive landscape of the market by covering vendors such as Ring Video Pro, SadoTech CXR, Honeywell RCWL300A1006 Premium, Magicfly MF072X2, Proxelle CWB, and Avantek D-3W-A.  The upcoming report on global wireless doorbells market also takes into account other key influencing factors such as competitive landscape, product innovations, key market drivers, and opportunities and challenges faced by the industry. The report also covers the growth of similar markets such as consumer services and personal care, retail systems, and pet supplies sector.

Our market research methodology for the global wireless doorbells market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.