Press release
Video Doorbell Market To Develop Strongly And Cross USD 5.74 Billion By 2028 | Report by Emergen Research
The global video doorbell market size is expected to reach USD 5.74 Billion by 2028 and register a CAGR of 17.3%, according to the latest report by Emergen Research. Key factors such as rising adoption of Artificial Intelligence (AI), rapid growth in digitalization, and increasing need for deployment of video doorbells are driving global market revenue growth.A video doorbell also called a doorbell camera is an outdoor camera installed on the front door of the house and is connected to smartphones or other electronic devices via internet. Video doorbell notifies the owner about the guest or person present at the doorstep. There are various types of camera doorbells available in the market with various features like microphones, top-to-toe video, motion detection, night vision, voice assistant compatibility, and intercom among others. Increasing concerns about thefts has encouraged people to deploy video doorbells. Factors such as increasing investments in research and development activities by leading market players to develop more advanced products, rising awareness about importance of video doorbells and increasing demand for smart homes are boosting global market growth.
Some of the key participants in this Video Doorbell Market industry include:
Ring, Kwikset, Aiphone, SmartThings, Smanos. AMOCAM Technology, SkyBell, Equeshome, Zmodo, and VTech Communications are some major players operating in the video doorbell market.
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Some Key Highlights From the Report
Among the product type, the wireless segment is expected to register for significantly rapid revenue growth owing to factors such as easy deployment with no damage to walls, remote accessibility. Moreover, these types of video doorbells are in demand due to high convenience as it doesn't involve wiring, and modern homes do not usually permit drilling and wiring after construction.
Based on distribution channel, the online segment is expected to register rapid revenue CAGR throughout the forecast period. Availability of a variety of video doorbell products on various online portals, increasing number of reliable online platforms at favorable discounted rates, and doorstep deliveries, and are key factors boosting segment growth. In addition, these online platforms offer better profit margins for manufacturers.
Among the application segments, the residential segment is expected to account for significant revenue growth over the forecast period. Rapid urbanization, rising safety concerns, growing inclination towards smart homes, and increasing awareness about advantages of video doorbells in developing as well as developed countries are some key factors boosting demand for video doorbells in the residential sector.
North America is expected to account for largest revenue share throughout the forecast period owing to factors such as presence of key market players, increasing concerns regarding home safety, increasing investments in wireless technology, availability of wide range of video doorbells, and high adoption of smart homes.
Asia Pacific market revenue is expected to expand at a rapid CAGR between 2021 and 2028. Rising number of thefts and burglary cases, increasing awareness about advantages of deploying video doorbells, and rapid developments in building and construction sector are some factors boosting Asia Pacific market growth.
Explore Detailed Insights on Video Doorbell Market @ https://www.emergenresearch.com/industry-report/video-doorbell-market
The report studies the impact of the COVID-19 pandemic on the Video Doorbell Market .The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
Scope of the Global Video Doorbell Market Report
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Video Doorbell Market industry, which turns out to be beneficial for readers interested in this sector.
Global Video Doorbell Market Research Objectives:
To provide deep understanding of the Video Doorbell Market industry.
To highlight the critical data of each segment at extensive level.
To determine key success factors in different segments of Video Doorbell Market industry.
To highlight the trends in specific sectors.
To give insights into key segments.
To carry economic analysis, build quantitative and financial models of global Fiber Optics industry and individual segments.
To project future performance of the global Fiber Optics industry and identify imperatives.
To identify risks of investing in particular segments and suggest appropriate strategies to mitigate the risks.
To study what held back the Fiber Optics industry during pandemic and forces that are driving up the global Video Doorbell Market post-pandemic.
This report can be customized as per the requirements; talk to our team @ https://www.emergenresearch.com/call-schedule/735
Segmentation :
For this study, Emergen has segmented the global video doorbell market based on product type, distribution, application, and region:
Product Type Outlook (Revenue, USD Billion, 2018 - 2028)
Wireless
Wired
Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2028)
Online
Offline
Application Outlook (Revenue, USD Billion, 2018 - 2028)
Commercial
Industrial
Residential
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter's Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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