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Strategic Analysis to Understand the Competitive Outlook of Doorbell Camera Market
Doorbell Camera Market
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Due to increasing rate of incidence of theft, burglary, robbery, home invasions, consumers want to secure their homes not just with a lock and key but also by using smart appliances. They also want to keep a track of visitors in their absence. Due to security reasons, several manufacturers have added the database feature to their doorbell cameras, which keeps the record of visitors. Increase in the disposable income of consumers has led to surge in the demand for doorbell cameras. Rise in the demand for home automation has fueled the demand for doorbell cameras, as these are smart products. Demand for smart homes and smart home security has increased over the period of time. Products such as intruder alarms, security cameras, smart doorbells, and smoke detectors help control and detect the presence of an intruder with the help of motion sensors and detectors. North America is one of the major markets for doorbell cameras, due to presence of a large number of manufacturers in the region, which provide high-quality products at an affordable price.
Additionally, some of the manufacturers provide easy installation and easy functionalities. The doorbell camera are connected with Wi-Fi through the user's smartphone. Currently, the global doorbell camera market is witnessing the launch of new and technologically advanced products. Doorbell camera manufacturers offer a wide range of product designs.
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Doorbell cameras are all-weather proof. They offer motion detection alert, 180Β° view, night vision, and video recording. These features along with the cutting-edge technology have propelled the demand for doorbell cameras.
On the other hand, complicated installation of doorbell cameras incurs high installation costs. Some doorbell cameras do not have a recording option and they require a smartphone or a system to operate. Some of them have poor night visions and lower definition. These are some of the restraints of the market which can affect the demand for doorbell cameras.
The global doorbell camera market can be segmented based on product, technology, application, distribution channel, and region. Based on product, the global doorbell camera market can be segmented into standalone and integrated. In terms of technology, the doorbell camera market can be categorized into wireless and wired. Based on application, the global doorbell camera can be segmented into residential and commercial. In terms of distribution channel, the doorbell camera market can be classified into online and offline. The online segment can be sub-categorized into manufacturer's website and e-commerce portal, while the offline segment can be sub-divided into supermarkets/hypermarkets, specialty stores, and retail shops. Based on region, the global doorbell camera market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
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Some of the key players operating in the global doorbell camera market are: August Home, Inc., Chuango International Holdings, D'Bell Homes, Ding Labs Limited, Eques Technology Co., Ltd., Nortek Security & Control LLC, SkyBell Technologies, Inc., Smanos, United Technologies Corporation, and Vivint, Inc.
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