Global Wireless Doorbells Market Predicted to Expand Speedily at an Incredible CAGR of 44.83% during 2017 – 2021

MARKET RESEARCH HUB MARKET RESEARCH HUB

Albany, US, 2017-Sep-26 — /EPR Network/ —In today’s technology-driven world, there are several electronic products available in the market which contains smart features. The latest in the market are the wireless doorbells. Like almost every other household utility item, the humble doorbell has added a lot of modifications to its fundamental design. 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 latest findings on the rapidly growing market of wireless doorbells can be found in a study titled “Global Wireless Doorbells Market 2017-2021”, which has been freshly broadcasted to the wide database of Market Research Hub (MRH). Geographically, the report majorly highlights some of the key regions which include APAC, Americas and EMEA. The study also estimates market size in 2016, by evaluating its current and historical performance, and then forecasts market growth till 2021.

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Gone are the days when a simple knocker would be enough to alert homeowners about the presence of a visitor. Houses today need to be wired with a number of different alert systems for the house owners. Upgrades of the basic doorbell have not just led to models that make many different types of sounds, but to the development of the wire free or wireless doorbell. It has two components, which are a doorbell transmitter and a chime box receiver. Users can place the chime box anywhere within the range of the doorbell transmitter. Smart doorbells are also wireless doorbells that use Internet to connect with smartphones. According to the research estimations, global wireless doorbell market is set to expand rapidly at an outstanding CAGR of 44.83% during the forecast period of 2017 to 2021. One of the major factors that will have a positive impact on the growth of the market is increasing preference towards smart homes and security systems.

The main aim of the study is to analyze the future growth prospects of the market by covering its current market landscape in above-mentioned regions. In the first part, the report includes a market overview section, in which a detailed qualitative assessment of the driving forces, limiting factors, opportunities, and challenges has been provided. Some of the major market trends identified by the report include Increase in availability of smart wireless doorbells, introduction of video recording subscription services, and use of wireless doorbells that work without batteries and power source. However, availability of counterfeit and low-quality is a major challenge for the market.

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The market is broadly evaluated on the basis of the product type and applications. Major product types are Non-connected wireless doorbells and connected wireless doorbells. On the basis of applications, wireless doorbells are used for residential and commercial purposes. The residential segment was the major end-user to the wireless doorbells market in 2016, which is anticipated to remain same through 2021.

The next section of the report provides a detailed competitive scenario of the market by highlighting the leading vendors in the market, such as August Home, SkyBell Technologies, 1byone.com, Ring, Honeywell International and SadoTech.

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