Shopping, Retail News & Press Release Distribution Services
GroupWeb News Network
Africa
Alabama
Alaska
Arizona
Arkansas
Asia
California
China
Colorada
Connecticut
Washington DC
Delaware
Florida
France
Georgia
Germany
Ghana
Hawaii
Idaho
Illinois
India
Indiana
Iowa
Italy
Japan
Kansas
Kentucky
Korea
Lousiana
Main
MaryLand
Massachusetts
Michigan
Minnesota
Mississippi
Misouri
Motana
Nebraska
Nevad
New Hampshire
New Jersey
New Mexico
New York
Nigeria
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
Rhode Island
Russia
South Africa
South Carolina
South Dakota
Spain
Tennessee
Texas
UK
Utah
Vermont
Virginia
Washington
Weather
West Virginia
Wisconsin
Submit RSS Feed
|
About US
|
Contact Us
Home
|
Retail News
|
Submit Press Release
Unlimited Press Release Distribution
News Media List
MSNBC Retail News
Financial Times
Internet Retailer
Luxury Daily
New York Times
Planet Retail
Retail Technology Review
Retail Bulletin
Supermarket News
Special Retail Report
Women's Wear Daily
RSS News Feed
Get your news feed listed here as other news media shown above!
Submit RSS News Feed
Retail, Shopping News Releases
Search retail news:
Global Digital Door Lock Market Expected to Growth at a CAGR of 34% by value during 2016-2020
(
Shopping-NewsWire.com
, December 10, 2017 ) Today, the
locks
are not only to secure your holdings through their strength but also provide a convenience. The market of locks has completely transformed from those conventional metallic structure to smart locks. Now, your lock is going to provide you all information regarding your premises safety and let you control it from your smart phone or bluetooth from a distance. The latest smart door lock products are compatible with the latest technology and are very easy to use leaving options with the consumer to particularly authorize the entrance of people into your home and offices. Developed countries are more responsive to the smart door lock market. With more than 34% CAGR, Asia-Pacific is expected to show highest growth rate during the forecast period. Further, a huge demand is also expected to arise from North America and European market. At present, there are nearly 1.2 million homes in North America using some form of smart lock and this is only the beginning. Furthermore, it is expected that the smart lock market will grow $3.8 billion worldwide by 2020.
Request a Sample Report@
http://www.reportsweb.com/inquiry&RW0001432398/sample
North America and South America together are expected to cover 55% of the total smart door lock market share over the forecast period. The Bluetooth-based smart lock segment is expected to be the largest market segment during the forecast period and will account for an impressive market share of more than 60% by the end of 2020. On the back of factors like technological advancements, steep rise in urban population, spiked demand for residential properties, expanded personal disposable income, up-surged crime rate across the globe etc. the global smart door lock market is projected to get a boost in near future. In addition to that, the keyless features of latest smart locks, easy use , complete update, video and image capturing , alarm alerts, and all can be controlled through web from anywhere in the world would bolster the demand for digital locks in next 5-7 years.
However, less adaptability to change from conventional mechanical locks to digital locks, prone to be hacked, costly affair to install in home and commercial buildings etc. are expected to dampen the market growth. Furthermore, less government regulation in the technological advancements, copied low-cost devices from China, battery life are few other factors that would demonstrate the challenges for the smart door locks market.
Key Answers Captured in Report?
- Which geography would have better demand for product/services?
- What are the strategies adopted by big players in the regional market?
- Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
- What is the current & expected market size in next five years?
- What is the market feasibility for long term investment?
- What opportunity the country would offer for existing and new players in the market?
- What is risk involved for suppliers in the geography?
- What factors would drive the demand for the product/service in near future?
- What is the impact analysis of various factors in the market growth?
- What are the recent trends in the regional market and how successful they are?
Inquire Before Buying@
http://www.reportsweb.com/inquiry&RW0001432398/buying
Table of Contents:
1. Executive Summary
2. Research Methodology
3. Market Dynamics & Its Impact Analysis
a. Growth Drivers
b. Challenges
c. Opportunities
d. Trends
4. Risk Analysis
a. Supply Risk
b. Demand Risk
5. List of Players manufacturing smart door locks across the Globe
6. Global smart door locks Market Size ($ Million) and Forecast Analysis, 2015-2022
7. Market Segmentation -By Global
8 Porter’s Five Force Model Analysis
9 Competitive Landscape
For more information about this report@
http://www.reportsweb.com/global-digital-door-lock-market-demand-and-opportunity-outlook-2021
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source:
EmailWire.Com
Retail News by Sector
Accessories
Department Stores
Fashion
Home/Household
Entertainment
M Commerce
Online Retail
Retail Magazines
Retail Issues
Store Design
Sign-Up To Our Free Newsletter!
Shopping and Retail NewsWire
Retail RSS Marketpalce
Target Press Releases
News releases from Target. Second retail giant in America.
Free Food & Beverage Magazines and Downloads
Get free publications including magazines, white papers about the food and beverage industry.
Submit RSS news feed on Retail, Shopping
.
Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.
Add RSS feed Now!
Shopping-Newswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.
For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at
EmailWire.com
.
Copyright 2009 GroupWeb Media LLC
GroupWeb Media Network
AfricaNewswire.Net
|
AppleNews247.Com> |
AsiaNewsWire.Net
|
Aviation-NewsWire> |
Energy Industry
|
EstateNewsWire
|
Entertainment-NewsWire.com
|
Food Beverage News
|
Glamour NewsWire
|
Health NewsWire
|
Hosting NewsWire
|
i-Auto NewsWire
|
i-Business News
|
EuropeNewsWire.Net
|
iCameroon.com
|
i-Canada-News.Com
|
i-SoftwareNews.com
|
iT-NewsWire.Com
|
InvestorsNewsDesk.Com
|
i-TravelNewsWire.Com
|
LegalLaw247.com
|
Medical-NewsWire.com
|
MiningNewsWire.net
|
MoneyNewsWire.Net
|
Movie-Stars-News.Com
|
PayDayNews247.Com
|
PharmaNewsWire.Com
|
Publishing-NewsWire.Com
|
Shopping-NewsWire.com
|
Telecom-NewsWire.Net
|
Transportation-News.Com
|
USGovernment-News.Com
|
WebPosters.Net
|
Wireless-NewsWire.Com
|
Shopping-NewsWire.Com
™
- Newswire and Press Release service of GroupWeb Media LLC