Doorbell Camera Market Growth & Trends
The global doorbell camera market size is expected to reach USD 4.63 billion by 2030, expanding at a CAGR of 14.8% from 2024 to 2030. Rising security concerns owing to increasing crime rate at a global level are expected to promote the scope of doorbell camera as these devices act as the evidence providers in various cases.For instance, these devices keep a track of a delivery or pick up, which was supposed to happen in the absence of the owner. They also help in monitoring the people accessing the house, whether they are the servants, house helps, repair service providers, babysitters, and others. In case of the new visitors, one can use the same cameras to zoom in to their ID’s or face to get a better picture and avoid risks.
In recent years, it has been noticed that most real estate builders and architects are considering doorbell cameras as an eminent element of basic amenities. For instance, Toll Brothers, a premium U.S. based home construction company, offers TBI smart home solutions that help in total protection. A single app helps in monitoring and controlling multiple aspects of home security. They offer an integrate system of camera, doorbell, motion sensor, micro phone, and speaker. With the help of these doorbells, the triggered events can be recorded. The rules can be set for switching on the porch light as and when motion is detected or get an alert whenever a visitor approaches the door, even if the bell is not pressed.
Product innovation is expected to remain a critical success factor among the industry participants. In March 2019, August Home Inc. launched August View, a new wireless doorbell. The product is said to have better performing video with a resolution of 1440p, along with two-way audio system, which will allow a real time conversation with the visitor. This doorbell camera will be available at USD 299.99. It is capable of sending an alert every time a visitor approaches the doorstep and offers live video streaming of the doorstep 24/7. Additionally, all of its recorded videos can be saved on the cloud provided customers who have subscribed for August Video Recording. The resolution can be zoomed into focus on ID’s and other smaller objects.
Similarly, in January 2019, Robin Telecom Development, a Netherland based tech hardware company, launched ProLine video doorbell. The device has 720p HD and covers a wide-angle view of 130 degree. HomeKit integration is required to get access to the recorded video. It also offers two way audio system, which is compatible with WiFi, 3G, and 4G.
Doorbell Camera Market Report Highlights
- The wired doorbell camera segment dominated the market and accounted for a share of 62.2% in 2023. Wired doorbell cameras are connected directly to the electrical system, ensuring they receive a constant power source.
- Offline segment accounted for the largest market revenue share in 2023. Physical retail stores allow customers to experience and test doorbell cameras before making a purchase.
- The North America region dominated the doorbell camera market in 2023 with a revenue share of 33.3%.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Companies Mentioned
- ASSA ABLOY
- AUXTRON
- Hangzhou Hikvision Digital Technology Co. Ltd.
- IFI Techsolutions
- Napco Security Technologies, Inc.
- Ring LLC
- SkyBell Technologies Inc.
- Vivint, Inc.
- Vtech Communications, Inc.
- Zmodo
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | August 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1.77 Billion |
Forecasted Market Value ( USD | $ 4.63 Billion |
Compound Annual Growth Rate | 14.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |