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Video Doorbell Market Growth Opportunities, Trends, and Forecast 2031 | Players ADT Inc., Amazon.com Inc., Arlo

02-26-2024 09:25 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Video Doorbell Market

Video Doorbell Market

A video doorbell is a doorbell connected to a camera. This allows to see who is at the door by using your smartphone, tablet, or other connected devices. It has 1080 full HD camera and an advanced built-in intruder alarm. It has various types of features such as microphone, motion detection, top-to-toe video, and voice assistant compatibility.

The video doorbell market size was valued at $1.2 billion in 2021, and is estimated to reach $4.6 billion by 2031, growing at a CAGR of 14.3% from 2022 to 2031.

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Major Key Players of the Video Doorbell Market are:

ADT Inc., Amazon.com Inc., Arlo, ASSA ABLOY Group, Dbell Inc., LaView Eagle-Eye Technology Inc., Netvue Inc., Night Owl SP, LLC, Olive & Dove, Owlet Home LLC, Panasonic Corporation, SimpliSafe Inc., SkyBell Technologies, TP-Link Technologies Co Ltd.,, Vivint Smart Home Inc., Wyze, Zmodo.

Over the years, we have been administering market intelligence studies across an array of industries for organizations of different types such as profit & not-for-profit organizations, big-scale & large-scale organizations, and many more. We look at numerous aspects of internal & external business environment disturbing the growth stratagems of business ventures.

Increase in concerns about thefts and burglary have led people to use video doorbells. In addition, factors such as rise in investments in R&D activities by key market players to develop more advanced products is expected to boost the video doorbell market growth.

Moreover, adoption of internet of things (IoT) and artificial intelligence (AI) in doorbell systems is on the rise, which is likely to boost the growth of the video doorbell market. Furthermore, people are becoming aware of video doorbells as suitable options for safety and security needs, which is expected to expand the growth of the video doorbell market. Rise in penetration of the internet, along with the desire for convenience of controlling most amenities with just one click of the button is expected to promote the sales of video doorbells.

North America accounted for the largest share of the global video doorbell market share, in terms of revenue in 2021, owing to the rise in urbanization and growth of construction sector.

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Key Market Segments -

BY PRODUCT TYPE:
Wired
Wireless

By Application:

Indoor -
Sales channel
Online
Offline

Outdoor -
Sales channel
Online
Offline

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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