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Video Doorbell Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

03-18-2024 12:53 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Video Doorbell Market Growth Factors, Segmentation, Trends,

As per the study initiated by Evolve Business Intelligence, the global Video Doorbell Market size accounted for USD 1.34 Billion in 2023, growing at a CAGR of 14.32% from 2023 to 2033. A video doorbell is a type of smart home device equipped with a camera, microphone, and speaker, allowing homeowners to see, hear, and communicate with visitors at their door remotely via a smartphone or other connected device. When a visitor rings the doorbell or triggers the motion sensor, the camera captures a live video feed of the person at the door, which is transmitted to the homeowner's mobile app or designated device. Users can then view the live video stream, receive notifications, and engage in two-way audio communication with the visitor in real time, enabling them to remotely answer the door, monitor deliveries, or deter potential intruders. Additionally, many video doorbells offer features such as night vision, motion detection, cloud storage, and integration with other smart home devices for enhanced security and convenience.

The Video Doorbell market is primarily driven by increasing concerns about home security and the growing adoption of smart home technologies, which offer convenience and remote monitoring capabilities. Additionally, the rising demand for contactless delivery solutions and the popularity of e-commerce contribute to market growth by driving the need for solutions that enhance parcel management and communication with delivery personnel.

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Key Highlights:
• The global Video Doorbell Market size was valued at USD 1.34 billion in 2023 growing at a CAGR of 14.32% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Video Doorbell Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.

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Key Players
Some of the major Video Doorbell Market players holding high market shares include August Home, SkyBell Technologies, SimpliSafe, Zmodo, and EZVIZ. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Ring
• Nest Hello
• Arlo
• Eufy
• August Home
• SkyBell Technologies
• SimpliSafe
• Zmodo
• EZVIZ
• Remo+

Segmental Analysis
Market Segment By Type
• Wired
• Wireless
Market Segment By Application
• Indoor
• Outdoor
Market Segment By End User
• Residential
• Non-Residential

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022408

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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