Smart Doorbell Market Achieves USD 16.2 BILLION IN 2023, Braces for 16.7% CAGR Elevate Until 2030
Market Insights & Analysis: Smart Doorbell Market (2024-30)
Projected Growth: The Global Smart Doorbell Market size was valued at around USD 16.2 billion in 2023 and is estimated to grow at a CAGR of about 16.7% during the forecast period, i.e., 2024-30.
Comprehensive Overview of the Smart Doorbell Market
Utilizing both primary and secondary research methodologies, the Smart Doorbell Market report offers an in-depth analysis valuable for stakeholders and investors seeking market insights. This report delves into market dynamics, providing a detailed examination of regional trends and developments.
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Global Smart Doorbell Market Driver: Rising Integration of IoT in Smart Doorbells to Thrive the Market Expansion
The usage of IoT devices, such as smart cameras for residential use, is on the rise. These cameras integrated with doorbells are equipped with video analytics & recognition, allowing them to monitor the movement of individuals and objects. Homeowners can use these cameras to record home security incidents. In addition, sellers provide alternatives to doorbells and peepholes with smart security cameras.
Vendors provide both wired and wireless indoor and outdoor security cameras tailored for residential use. These cameras boast various features, including built-in sirens, night vision, high frame rates, precise motion detection, and the ability to monitor humidity, temperature, and air quality. Moreover, they seamlessly interact with a range of other smart home devices, such as Amazon Alexa, Google Assistant, and Apple HomeKit. Consequently, the incorporation of IoT devices within smart homes is poised to drive increased adoption of smart security cameras, thereby contributing to the growth of the Smart Doorbell Market during 2024-30.
Smart Doorbell Market Segmentation
By Product
-Video-Only Doorbells
-Video and Audio Doorbells
-Doorbell Cameras with Intercom Systems
-Smart Doorbells with Keypads
By Type
-Wired
-Wireless
- Wireless smart doorbell is presumed to seize the highest share of the Smart Doorbell Market in the projected years.
By Sales Channel
-Online
-Offline
–Distributors & Retailers
–Smart Home Specialty Stores
By End Users
-Residential
-Commercial
–Hospitality
–Community Centres
-Government Buildings
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Key Players in the Smart Doorbell Market
The report features major players including:
Ring (Amazon), Nest (Google Inc.), Arlo [NETGEAR], Eufy [Anker Innovations], August [Assa Abloy Inc.], Wyze Labs Inc., Simplisafe Inc, Vivint Inc. , Hangzhou Hikvision Digital Technology Co., Ltd., Remo+, Netamo, Logitech [Logitech Circle], Doorbird, Zmodo , Heath Zenith , Others
Regional Analysis
The report covers a comprehensive analysis of the Smart Doorbell Market across various regions:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
The research highlights development opportunities and challenges in these regions, encompassing sales growth, product pricing and analysis, growth potential, and strategic recommendations for addressing market challenges.
Key Questions Answered in the Smart Doorbell Market Report
- Who are the major players in the Smart Doorbell Market?
- Which region presents the most potential for the Smart Doorbell Market?
- Which application area of the Smart Doorbell Market is anticipated to grow significantly in the coming years?
- What opportunities exist for new market entrants?
- What is the projected market size for the Smart Doorbell Market by the end of the forecast period?
- What are the growth prospects for the Smart Doorbell Market?
- What is the base year considered in this market report?
- Which region holds the largest market share in the Smart Doorbell Market?
- What factors are expected to drive the growth of the Smart Doorbell Market?
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