The global video doorbell market size was $1,244.9 million in 2021, and is projected to reach $4,597.0 million by 2031, registering a CAGR of 14.3% from 2022 to 2031.
Video doorbell is a doorbell with a built-in camera to protect residential homes from household theft and robbery. It is available in two types such as battery-powered (wireless) or wired to existing doorbells. The system works with an internet connection and it connects to the built-in camera, microphone, motion sensor, and speaker to communicate with the visitors. It works when the visitor presses the push button on the smart doorbell. In addition, it can be activated by detecting a visitor with a built-in motion sensor.
Increase in concerns about security of residential and commercial buildings, along with rise of theft and robbery globally are the major factors expected to boost the growth of the video doorbell market. In addition, the rise in need for home automation fuels the demand for video doorbells. Moreover, rise in demand for smart homes equipped with intelligent security systems is expected to drive the market growth during the forecast period. Furthermore, increase in awareness of the importance of video doorbells and rise in demand for smart homes drive the global market growth. However, lack of availability of internet connectivity and high capital costs required for video doorbells hamper the growth of the market. Furthermore, technological innovation in the video doorbell systems is anticipated to provide lucrative opportunities for the growth of the video doorbell market.
The video doorbell market is segmented on the basis of product type, application, end user, and region. As per product type, the market is divided into wired and wireless. According to application, the market is bifurcated into indoor and outdoor. Depending on end user, the market is classified into residential and nonresidential. Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Video doorbell is a doorbell with a built-in camera to protect residential homes from household theft and robbery. It is available in two types such as battery-powered (wireless) or wired to existing doorbells. The system works with an internet connection and it connects to the built-in camera, microphone, motion sensor, and speaker to communicate with the visitors. It works when the visitor presses the push button on the smart doorbell. In addition, it can be activated by detecting a visitor with a built-in motion sensor.
Increase in concerns about security of residential and commercial buildings, along with rise of theft and robbery globally are the major factors expected to boost the growth of the video doorbell market. In addition, the rise in need for home automation fuels the demand for video doorbells. Moreover, rise in demand for smart homes equipped with intelligent security systems is expected to drive the market growth during the forecast period. Furthermore, increase in awareness of the importance of video doorbells and rise in demand for smart homes drive the global market growth. However, lack of availability of internet connectivity and high capital costs required for video doorbells hamper the growth of the market. Furthermore, technological innovation in the video doorbell systems is anticipated to provide lucrative opportunities for the growth of the video doorbell market.
The video doorbell market is segmented on the basis of product type, application, end user, and region. As per product type, the market is divided into wired and wireless. According to application, the market is bifurcated into indoor and outdoor. Depending on end user, the market is classified into residential and nonresidential. Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The key players that operate in the video doorbell market are ADT Inc., Amazon.com Inc., Arlo, ASSA ABLOY Group (August Home), dbell Inc., LaView Eagle-Eye Technology Inc., Netvue Inc., Night Owl SP, LLC, Olive & Dove, Owlet Home LLC, Panasonic Corporation, SimpliSafe, Inc., SkyBell Technologies, Inc, TP-Link Technologies Co., Ltd., Vivint Smart Home, Inc., Wyze, and Zmodo.KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
- Extensive analysis of the video doorbell market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The video doorbell market forecast analysis from 2022 to 2031 is included in the report.
- The key players within the video doorbell market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the video doorbell market.
Key Market Segments
By PRODUCT TYPE
- Wired
- Wireless
By Application
- Indoor
- Sales channel
- Online
- Offline
- Outdoor
- Sales channel
- Online
- Offline
By End User
- Residential
- Non-Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- ADT Inc.
- Amazon.com Inc.
- Arlo
- ASSA ABLOY Group
- Dbell Inc.
- LaView Eagle-Eye Technology Inc.
- Netvue Inc.
- Night Owl SP, LLC
- Olive & Dove
- Owlet Home LLC
- Panasonic Corporation
- SimpliSafe Inc.
- SkyBell Technologies
- TP-Link Technologies Co Ltd.
- Vivint Smart Home Inc.
- Wyze
- Zmodo.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: VIDEO DOORBELL MARKET, BY PRODUCT TYPE
CHAPTER 5: VIDEO DOORBELL MARKET, BY APPLICATION
CHAPTER 6: VIDEO DOORBELL MARKET, BY END USER
CHAPTER 7: VIDEO DOORBELL MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Video Doorbell Market," the video doorbell market size was valued at $1.2 billion in 2021, and is estimated to reach $4.6 billion by 2031, growing at a CAGR of 14.3% from 2022 to 2031.A video doorbell is a doorbell connected to a camera. This allows to see who is at the door by using your smartphone, tablet, or other connected devices. It has 1080 full HD camera and an advanced built-in intruder alarm. It has various types of features such as microphone, motion detection, top-to-toe video, and voice assistant compatibility.
Increase in concerns about thefts and burglary have led people to use video doorbells. In addition, factors such as rise in investments in R&D activities by key market players to develop more advanced products is expected to boost the video doorbell market growth. Moreover, adoption of internet of things (IoT) and artificial intelligence (AI) in doorbell systems is on the rise, which is likely to boost the growth of the video doorbell market. Furthermore, people are becoming aware of video doorbells as suitable options for safety and security needs, which is expected to expand the growth of the video doorbell market. Rise in penetration of the internet, along with the desire for convenience of controlling most amenities with just one click of the button is expected to promote the sales of video doorbells.
However, lack of availability of internet connectivity and high capital costs is likely to hamper the growth of the video doorbell market. Conversely, technological innovations in the video doorbell systems are anticipated to provide lucrative opportunities for the growth of the video doorbell market.
Major players have adopted product launch and acquisition as key strategies to sustain the competition and improve product portfolio. For instance, in October 2021, Wyze launched Video Doorbell Pro, an upgraded ultra-wide resolution that allows its users to see a wider area of their porch as well as comes with wire-free installation. This launch is likely to add enrichment to its product line. Such launches are anticipated to expand the video doorbell market.
North America accounted for the largest share of the global video doorbell market share, in terms of revenue in 2021, owing to the rise in urbanization and growth of construction sector.
However, during the COVID-19 pandemic, various manufacturers in the video doorbell market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of video doorbell companies. In addition, lack of manpower and raw materials constricted supply of equipment of video doorbells, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of video doorbell companies.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global video doorbell market trends and dynamics.
- By product type, the wireless segment has dominated the video doorbell market, in terms of revenue in 2021 while the wired system is projected to grow at a significant CAGR during the forecast period.
- By end user, the residential segment has registered highest revenue in 2021.
- By region, North America is projected to register highest growth rate in the coming years.
- Key players within the global video doorbell market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the video doorbell industry.
- The video doorbell market forecast analysis from 2022 to 2031 is included in the report.
- In-depth global video doorbell market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
Companies Mentioned
- Adt Inc.
- Amazon.Com Inc.
- Arlo
- Assa Abloy Group
- Dbell Inc.
- Laview Eagle-Eye Technology Inc.
- Netvue Inc.
- Night Owl Sp, LLC
- Olive & Dove
- Owlet Home LLC
- Panasonic Corporation
- Simplisafe Inc.
- Skybell Technologies
- Tp-Link Technologies Co Ltd.
- Vivint Smart Home Inc.
- Wyze
- Zmodo.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 210 |
| Published | August 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1207.85 million |
| Forecasted Market Value ( USD | $ 4597 million |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
