LONDON–(BUSINESS WIRE)–Mar 16, 2020–
Technavio has been monitoring the smart doorbell camera market and it is poised to grow by USD 2.75 bn during 2020-2024, progressing at a CAGR of almost 46% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Smart Doorbell Camera Market 2020-2024 (Graphic: Business Wire)
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Hangzhou Hikvision Digital Technology Co. Ltd., Newell Brands Inc., SkyBell Technologies Inc., VTech Holdings Ltd. and Xiaomi Corp. are some of the major market participants. The use of security monitoring systems will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Use of security monitoring systems has been instrumental in driving the growth of the market.
Smart Doorbell Camera Market is segmented as below:
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our report covers the following areas:
This study identifies growing number of smart cities and urbanization as one of the prime reasons driving the smart doorbell camera market growth during the next few years.
We provide a detailed analysis of around 25 vendors operating in the smart doorbell camera market, including some of the vendors such as Hangzhou Hikvision Digital Technology Co. Ltd., Newell Brands Inc., SkyBell Technologies Inc., VTech Holdings Ltd. and Xiaomi Corp. Backed with competitive intelligence and benchmarking, our research reports on the smart doorbell camera market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
View source version on businesswire.com:
CONTACT: 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/
KEYWORD:
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 03/16/2020 07:17 AM/DISC: 03/16/2020 07:17 AM
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