Global Smart Doorbell Market, By Connectivity (Wired, and Wireless), Product (Stand-Alone, Integrated), Component (Hardware, Software, Services), End User (Corporate, Residential, Industrial), Sales Channel (Organized Retailers, Online/E-Commerce) – Industry Trends and Forecast to 2031.
Smart Doorbell Market Analysis and Size
Integration with smart home systems is a pivotal application of the smart doorbell market, particularly with the inclusion of smart doorbell cameras. These devices seamlessly connect with other smart home devices such as locks, security cameras, lighting systems, and voice assistants such as Amazon Alexa or Google Assistant. This integration enables users to create personalized automation routines; for instance, unlocking the door remotely upon recognizing a familiar face through the smart doorbell camera, or automatically activating lights when motion is detected at the door. Such interconnected systems not only bolster security but also streamline daily routines, offering users enhanced control and peace of mind within their smart home ecosystem.
The global smart doorbell market size was valued at USD 5.50 billion in 2023 and is projected to reach USD 214.41 billion by 2031, with a CAGR of 58.07% during the forecast period of 2024 to 2031.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024-2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Connectivity (Wired, and Wireless), Product (Stand-Alone, Integrated), Component (Hardware, Software, Services), End User (Corporate, Residential, Industrial), Sales Channel (Organized Retailers, Online/E-Commerce)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America.
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Market Players Covered
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August Home (U.S.), dbell Inc. (Canada), Google (U.S.), SkyBell Technologies, Inc. (U.S.), Vivint, Inc. (U.S.), Zmodo (U.S.), EquesHome (U.S.), VTech Communications, Inc. (Hong Kong), Simplisafe, Inc. (U.S.), Arlo (U.S.), ADT (U.S.), Owlet Home LLC (U.S.), Netvue, INC. (U.S.), VOXX International Corp. (U.S.), Night Owl Security Products (U.S.), LaView Eagle-Eye Technology Inc. (U.S.)
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Market Opportunities
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Market Definition
A smart doorbell is a connected device that enhances traditional doorbells by integrating features such as video cameras, motion sensors, two-way audio communication, and remote access via a smartphone app or other smart devices. It allows users to see and interact with visitors at their door from anywhere, offering convenience, security, and peace of mind. Smart doorbells often include additional functionalities like motion detection alerts, night vision, and integration with smart home ecosystems for enhanced control and automation.
Smart Doorbell Market Dynamics
Drivers
- Growing Advancements in Internet of Things (IoT)
IoT technologies have enabled smart doorbells to integrate seamlessly into broader smart home ecosystems, enhancing their functionality and appeal. These advancements allow smart doorbells to communicate with other IoT devices such as smartphones, tablets, and voice assistants, facilitating remote monitoring and control capabilities. IoT enables features like real-time alerts, video streaming, and integration with home automation systems, offering users enhanced security, convenience, and energy efficiency. As IoT continues to evolve, smart doorbells are poised to benefit from further innovations, driving market growth and adoption in both residential and commercial sectors.
- Increasing Concerns about Home Security
With rising crime rates and the need for enhanced surveillance, homeowners seek advanced solutions that provide real-time monitoring and deterrence against intrusions. Smart doorbells offer features like live video streaming, motion detection alerts, and two-way audio communication, allowing residents to monitor their doorstep from anywhere via mobile apps. This capability improves security and provides peace of mind, especially in urban areas or neighborhoods prone to package thefts or unauthorized entries. As awareness about personal safety grows, the demand for smart doorbells continues to escalate, driving innovation and adoption in the market.
Opportunities
- Expanding Trend towards Smart Homes
As more homeowners embrace interconnected devices and automation, smart doorbells play a crucial role in enhancing home security and convenience. They integrate seamlessly with other smart devices like locks, cameras, and voice assistants, enabling comprehensive home monitoring and control from anywhere via smartphones. This trend is fueled by increasing consumer awareness of IoT benefits, such as energy efficiency, remote management, and enhanced safety.
- Increasing Adoption in Medical Settings
Rapid urbanization plays a significant role in driving the smart doorbell market by creating higher demand for enhanced home security solutions. As urban populations grow, there is a corresponding increase in residential complexes, apartment buildings, and high-density neighborhoods where security concerns are heightened. Smart doorbells provide urban dwellers with advanced features like video surveillance, motion detection, and remote access via smartphones, addressing these security needs effectively. Thus, rapid urbanization fosters a conducive environment for the adoption and growth of smart doorbell technologies in urban settings.
Restraints/Challenges
- High Cost of Implementation
Smart doorbells often come with a higher price tag compared to traditional doorbells due to their advanced features such as video cameras, motion sensors, and integration with smart home systems. This cost includes not only the purchase of the device itself but also potential installation fees, especially if professional installation is required. For many consumers, especially in price-sensitive markets or during economic downturns, the upfront investment may be perceived as prohibitive, delaying adoption or prompting consumers to opt for more affordable alternatives.
- High Installation Complexity
Smart doorbells often require integration with existing doorbell wiring or power sources, which may necessitate electrical expertise or professional installation services, increasing overall installation costs. The variations in home architecture and wiring setups can complicate installation further, making it challenging for consumers to achieve DIY installations without adequate technical knowledge. Additionally, ensuring proper network connectivity and compatibility with other smart home devices adds to the complexity.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In September 2022, Google launched its second-generation wired Nest Doorbell, which is significantly smaller than its predecessors by nearly 30%. This advancement in size enhances its aesthetic appeal and integration potential within homes, showcasing Google's commitment to refining its smart home offerings through compact, advanced technology
- In December 2021, Hikvision announced a collaboration with Irida Labs, a Europe AI vision solution provider. This collaboration aims to enhance AI-driven vision solutions tailored for logistics and manufacturing sectors. The focus is on real-time management in plants and warehouses, highlighting Hikvision's strategic move to leverage AI for operational efficiency and automation in industrial settings
- In November 2021, Latch, Inc. collaborated with Marks USA, Town Steel, Inc., and announced an upcoming collaboration with dormakaba Holding AG. These partnerships expand the adoption of LatchOS among guests, residents, and property managers. The alliances signify Latch's strategy to integrate its smart access technology more deeply into the hospitality and property management sectors, enhancing convenience and security
- In July 2021, Vivint Smart Home, Inc. entered into a strategic collaboration with Freedom Forever to offer consumers integrated smart homes capable of generating their own energy needs. This initiative aligns with the growing trend towards sustainable living and energy independence, positioning Vivint as a leader in combining smart home technology with renewable energy solutions
Smart Doorbell Market Scope
The market is segmented on the basis of connectivity, product, component, end user and sales channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Connectivity
- Wired
- Wireless
Product
- Stand-Alone
- Integrated
Component
- Hardware
- Software
- Services
End User
- Corporate
- Residential
- Industrial
Sales Channel
- Organized Retailers
- Online/E-Commerce
Smart Doorbell Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, connectivity, product, component, end user and sales channel as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America.
North America dominates the market primarily due to the widespread adoption of smart home automation and appliances. The region's embrace of advanced video smart doorbell systems and substantial government investments in smart city initiatives are pivotal factors driving market growth. These trends are expected to continue boosting the market in North America significantly throughout the forecast period, underlining its dominance in the smart doorbell industry.
Asia-Pacific is expected to experience substantial growth in the smart doorbell market driven by advancements in the Internet of Things (IoT) and artificial intelligence (AI) technologies. These innovations have prompted manufacturers to create smart doorbells suitable for both residential and commercial applications. Additionally, increasing demand within the real estate sector is likely to boost market growth further. As these technologies continue to evolve and become more integrated into everyday life, the smart doorbell market in Asia-Pacific is poised for significant expansion in the foreseeable future.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart Doorbell Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cold plunge pools market.
Some of the major players operating in the market are
- August Home (U.S.)
- dbell Inc. (Canada)
- Google (U.S.)
- SkyBell Technologies, Inc. (U.S.)
- Vivint, Inc. (U.S.)
- Zmodo (U.S.)
- EquesHome (U.S.)
- VTech Communications, Inc. (Hong Kong)
- Simplisafe, Inc. (U.S.)
- Arlo (U.S.)
- ADT (U.S.)
- Owlet Home LLC (U.S.)
- Netvue, INC. (U.S.)
- VOXX International Corp. (U.S.)
- LaView Eagle-Eye Technology Inc. (U.S.)
- Night Owl Security Products (U.S.)
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