Dublin, March 08, 2024 (GLOBE NEWSWIRE) -- The "Global Smart Doorbell Market by Product (Integrated Smart Doorbell, Stand Alone Smart Doorbell), Connectivity (Wired Doorbell, Wireless Doorbell), Application, Sales Channel - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The Smart Doorbell Market is poised for substantial growth, with projections estimating a climb from USD 6.71 billion in 2023 to an impressive USD 30.47 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 24.13%.
This market expansion is reflective of increasing demand for enhanced residential security and the integration of advanced technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) in smart home devices. Delving into the market segmentation, products span across Integrated Smart Doorbells and Stand Alone Smart Doorbells, with customer preferences steering towards remote home monitoring and convenience.
The market further bifurcates into connectivity aspects, comprising Wired and Wireless Doorbells, each offering distinct advantages in terms of installation and usability. Applications are seen across both Commercial and Residential sectors, with residential applications particularly flourishing due to heightened security awareness. Sales channels for smart doorbells include Online/E-Commerce platforms and Organized Retailers, both of which present consumers with extensive choices and ease of purchase. Geographically, the Americas, especially countries like the United States, Canada, Brazil, and Mexico, signify a robust market due to their affinity towards smart home technology and safety measures.
The Asia-Pacific region is not far behind, with nations like China, India, and the Philippines demonstrating increased demand catalyzed by rising security concerns and technological advancements. The report acknowledges the presence of a diverse set of competitors in the Smart Doorbell Market. Prominent players include tech giants and specialized home automation companies that contribute to dynamic market conditions with their strategies and product offerings. These companies are consistently innovating, focusing on R&D, and expanding their product lines to meet the evolving security needs of customers worldwide.
The FPNV Positioning Matrix and Market Share Analysis provide a strategic assessment of the market players' competitiveness and comparative market presence, facilitating strategic decision-making for businesses aiming to leverage current and potential market opportunities. The research report also profiles key companies, offering a detailed examination of their recent ventures and capacity to innovate.
Detailed segmentation within the report underscores the importance of understanding specific market areas that companies can target, revealing opportunities for market penetration, development, and diversification, as well as competitive intelligence. Innovations within the industry, including advancements in AI and remote communication technologies, further add to the appeal of smart doorbells, contributing positively to market trends.
In conclusion, the Smart Doorbell Market presents a highly lucrative investment and business avenue for existing companies and new entrants alike. The report discusses essential points to consider, such as market size, segmentation, industry trends, and competitive landscape, serving as a critical tool for stakeholders looking to navigate the intricacies of the smart doorbell industry and establish a strong foothold. For market participants and potential investors, keeping abreast of technological trends, regulatory frameworks, and consumer preferences is imperative. By doing so, players can create products and strategies that align with market demands, positioning themselves effectively within the rapidly evolving Smart Doorbell Market.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 192 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $8.13 Billion |
| Forecasted Market Value (USD) by 2030 | $30.47 Billion |
| Compound Annual Growth Rate | 24.1% |
| Regions Covered | Global |
Key Topics Covered
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Smart Doorbell Market, by Product
- Smart Doorbell Market, by Connectivity
- Smart Doorbell Market, by Application
- Smart Doorbell Market, by Sales Channel
- Americas Smart Doorbell Market
- Asia-Pacific Smart Doorbell Market
- Europe, Middle East & Africa Smart Doorbell Market
- Competitive Landscape
- Competitive Portfolio
- Appendix
Companies Mentioned
- 360 Smart Life
- Aartech Canada
- ADI Global by Resideo Technologies, Inc.
- Anker Innovations Co., Ltd
- Aosu
- Apple Inc.
- Arenti
- Arlo Technologies, Inc.
- Audico
- BLU SKY
- Communica Group
- Cree Lighting by IDEAL Industries Lighting, LLC
- Dbell Inc.
- Dicker Data Ltd.
- DNAKE (XIAMEN) INTELLIGENT TECHNOLOGY CO., LTD..
- DoorBird
- EEC Industries Ltd.
- Eufy by Fantasia Trading LLC
- Eversecu Canada
- Google LLC by Alphabet Inc.
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Henrac Technology (PTY) LTD.
- HomeMate Smart Private Limited
- Indasina Technology Co., Limited
- JB Hi-Fi Limited
- LaView Eagle Eye Technology Inc.
- Legrand
- Logitech Europe S.A.
- Melbourne Mobiles
- Morecam
- Netvue, Inc.
- Night Owl SP LLC
- Panasonic Corporation
- Phlipton Automation
- Ring Inc. by Amazon.com, Inc.
- SafeWise by Clear Link Technologies, LLC
- Schneider Electric SE
- Simplisafe, Inc.
- SkyBell Technologies Inc.
- SmartVU Home by Dish TV Technologies Ltd.
- Smartwares Europe
- Swann Communications Pty. Ltd.
- Techut NZ
- Videopro
- Vivint, Inc.
- VTech Communications, Inc.
- WatchNet
- Wyze Labs, Inc.
- Xiaomi Corporation
- Zmodo Technology Corporation Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/drvlz5
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