The global video doorbell market revenue was around US$ 1.2 billion in 2021 and is estimated to reach US$ 3.99 billion in 2030, growing at a compound annual growth rate (CAGR) of 14.30% during the forecast period from 2022 to 2030.
Video doorbell is a smart market technology. It alerts or notifies the user via smartphone or other technical devices when an unknown person and another person appear at the door. The technology captures the audio or image of the person by the speaker and microphone which is present in the door. Additionally, it captures the video of that person in any condition via an infrared LED sensor. It stores the footage on the micro-SD card.
Factors Influencing Market Growth
• Increase in concern among the public regarding security and safety due to rising cases such as trespass and burglary drive the global market growth.
• The major driving factor for the growth of the global video doorbell market is the increasing demand for video doorbells.
• Reducing the cost of components and consolidating video doorbells with smart locks boost market growth efficiency.
• High capital costs and a lack of internet access may prevent the expansion of the video doorbell market.
Study of the COVID-19 Pandemic
COVID-19 had a severe impact globally. It affected many industries and also impacted the video doorbell market. Due to the lockdown caused by the COVID-19 pandemic, the production of numerous items was suspended due to insufficient raw materials. However, due to the reopening of the market and the country’s borders, the market is likely to have healthy growth in the coming years.
Regional Insights
North America had the largest global video doorbell market revenue share in 2021. This is due to increased government spending on infrastructure and increased investment in infrastructure by the private sector.
Leading Competitors
The major leading competitors in the global video doorbell markets are:
• Arlo
• ASSA ABLOY Group
• Netvue
• Owlet Home LLC
• Panasonic Corporation
• LaView Eagle Eye Technology
• Dbell Inc.
• SkyBell Technologies
• SimpliSafe Inc.
• Others
Segmentation Analysis
The global video doorbell market segmentation focuses on Product Type, End User, Application, and Region.
Segmentation based on Product Type
• Wire
• Wireless
Segmentation based on End User
• Residential
• Non-residential
Segmentation based on Application
• Outdoor
o Sales channel
? Online
? Offline
• Indoor
o Sales Channel
? Online
? Offline
Segmentation based on Region
? North America
• The U.S.
• Canada
• Mexico
• Europe
? Western Europe
? The UK
? Germany
? France
? Italy
? Spain
? Rest of Western Europe
? Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
? Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
? Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
? South America
• Brazil
• Argentina
• Rest of South America
