openPR Logo
Press release

Smart Mailbox Market Globally Expected to Drive Growth through 2019 -2029

04-21-2021 10:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Global Smart Mailbox Market: Overview

Smart mailbox is an upgrade to traditional mailbox systems mainly envisioned to address the issue of neglected mails, letters, packages and package theft. Relevance in direct mail demands natural growth for mailbox market. Direct mail is dominantly used by services such as retail, finance, telecoms, public sector, charity, travel and tourism industry. Important mails are not limited to particular type or sector and this aids the expansion of mail services and creates demand for smart mailbox market.

Market trends such as Internet of Things affects the smart mailbox market in a dominant way. This demands the need for smart security solutions in smart mailboxes that can connect and interact with smart devices. Emerging technologies such as drones are essential in growth of smart mailbox market as package delivery industry is expected to change by the end of the forecast period.

In 2016, August Home Inc. conducted a study where 1 Mn U.S. homeowners experienced package theft and 69% of package theft victims preferred a delivery service that enters their houses. This further aids the demand for smart mailbox systems.

To get in-depth information view the report @
https://www.factmr.com/report/3878/smart-mailbox-market

Global Smart Mailbox Market: Market Dynamics

Smart mailbox guards mails and packages against thieves by using sensors and cameras that can notify the owner of any suspicious activities, if detected. A Canadian company called Danby launched “Parcel Guard,” a mailbox with an anti-theft drop-in box, where once the package is in, it stays there. Another company called “ParcelHome” successfully launched a smart mailbox similar to Danby’s. As the market has only two dominating enterprises, the market is consolidating for smart mailbox.

Direct mail market is expected to grow at a single-digit CAGR. Google trend analysis result shows a spike in the market for smart mailbox in 2018 and the market demand for an intelligent mailbox is expected to increase in the coming years.

For more insights into the Market, Request a Sample of this Report @https://www.factmr.com/connectus/sample?flag=S&rep_id=3878

In a study by United States Postal Service, U.S. homeowners received an average of 27 packages each year & 26% of them received deliveries at least once a week. Almost 53% of them said that the packages left on the doorstep were stolen. Also, victims spend around $200 to replace each stolen package. Similarly, Shorr Packaging released a study report for Amazon packages in 2018. In this study, 31% of Americans had experienced package theft, with sudden spurt during the holiday period. This establishes the need for smart mailbox in the U.S. and the market is expected to surge during the forecast period.

Factors driving the smart mailbox market include low cost of printing using digital printers, which negates the labor charge for printing postcards. Increasing vanity of direct mails even if emails dominate the modes of communication can also be an important factor for smart mailbox market. According to a recent study by a company called “MailChimp”, direct mails provide higher opening rate. The average email open rate of 45 industries is 20.81%, which clearly indicates that the email lacks the trust factor, which is offered by direct mail. These driving factors, in turn, create a dominating demand for smart mailbox market.

Request Full Report With TOC:https://www.factmr.com/connectus/sample?flag=T&rep_id=3878

Global Smart Mailbox Market: Key Segments

Global smart mailbox market can be segmented based on product type, technology type, material type, mounting type, package type, package size and delivery type.

Package type can be further segmented as direct mail and delivery packet. The delivery type can be further segmented by aerial and on-ground delivery. Aerial delivery can be implemented by drones to drop packages in a mailbox, and mailmen/women can use on-ground delivery system. End users of smart mailbox can be of two types: Industrial use and home use. Material type can be segmented into steel. Similarly, mounting type can be segmented into wall mounted and on-ground smart mailbox.

The product type segment in smart mailbox controls various technologies like IP motion-activated camera, Wi-Fi and iOS/Android app altogether to secure the package.

Global Smart Mailbox Market: Regional Analysis

The smart mailbox market can be segmented into seven geographies: North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa. America’s (North & Latin America) mailmen & women delivered 268,894 letters and 2,633 parcels per carrier, which is more than any other country in the world, thereby making it the target market for smart mailbox. Japan post is considered to be the most trustworthy in direct mail service according to a survey conducted by the world economic forum. Korea is also in the top five list of mail services. So, dominating countries in postal and courier services are still engaged in direct mail and smart mailbox solutions could be a natural transgression for them going forward. The rising cases of mail theft demands a safe and smart mailbox system, which can notify the user about mail delivery and also of any intrusion and suspicious activities.

According to a national survey conducted by United States Postal Service in 2016, the American public anticipates their post to be delivered by drone within the next 5 to 10 years, which, in turn, aids in the growth of smart mailbox systems.

Smart Mailbox Market: Key Manufacturers

Global smart mailbox market is consolidated with only two dominant market players in the smart mailbox manufacturing. Danby, a Canadian company has a product called “Parcel Guard” and a Belgium-based enterprise called ParcelHome has a similar smart mailbox named as “Smart Parcel Box”. So, there’s virtually no competition in the smart mailbox market. This provides room for growth in the smart mailbox market. The global smart mailbox market is projected to witness a surge by the end of the forecast period.

To get in-depth insights on the regional landscape of the market, ask an analyst here @
https://www.factmr.com/connectus/sample?flag=AE&rep_id=3878

Companies like uCella, InBin and Cleveron also provide secure mailbox solutions. uCella, which is crowdfunded on indigogo, is yet to deliver a smart mailbox to any of its clients. InBin, which is owned by GMGMC LLC, has a patent pending for smart mailbox. Cleveron, an Estonia-based enterprise, developed its first ever cloud-based smart mailbox system for enterprise and home-end users.

The research report presents a comprehensive assessment of Smart mailbox market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Smart mailbox market report provides analysis and information, according to market segments such as geographies, application, product type, mounting type, package type, package size, material type, delivery type and industry.

The Smart Mailbox Market Report Covers Exhaustive Analysis On:

Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
The Smart Mailbox Market Regional Analysis Includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia & Oceania (India, ASEAN, Australia & New Zealand, Rest of South Asia & Oceania)
Middle East & Africa (GCC Countries, North Africa, South Africa, Rest of MEA)
The smart mailbox report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The smart mailbox report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The smart mailbox report also maps the qualitative impact of various market factors on market segments and geographies.

The Smart Mailbox Market Report Highlights:

A Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.
We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.
Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.

S Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com
Research Insight: https://www.factmr.com/report/3878/smart-mailbox-market

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Mailbox Market Globally Expected to Drive Growth through 2019 -2029 here

News-ID: 2273526 • Views:

More Releases from Fact.MR

Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C., Hydro Flask Lead - Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics. The market
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB Ltd, ANSYS, Inc, AT&T Inc, AVEVA Group plc, Bentley Systems
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 | Fact.MR Report
09-02-2025 | Health & Medicine
Fact.MR
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 2035
09-02-2025 | Health & Medicine
Fact.MR
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency