A video doorbell is a smart security device that is usually installed at the entrance of a residential or commercial building. Its main function is to have two-way conversations with visitors via camera, microphone and speakers and provide live video.
According to the new market research report "Visible Doorbell - Global Market Insights and Sales Trends 2024", published by QYResearch, the global Visible Doorbell market size is projected to grow from USD 449 million in 2023 to USD 633 million by 2029, at a CAGR of 5.9% during the forecast period.
- Global Visible Doorbell MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Visible Doorbell - Global Market Insights and Sales Trends 2024”
- Global Visible Doorbell Top16 Players Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Visible Doorbell - Global Market Insights and Sales Trends 2024”
According to QYResearch Top Players Research Center, the global key manufacturers of Visible Doorbell include Ring, Aiphone, Skybell, Panasonic, Legrand, Commax, TCS AG, ABB, Honeywell, DNAKE, etc. In 2022, the global top five players had a share approximately 53% in terms of revenue.
In terms of product application, Household Use is the largest application, hold a share of 77%,
Market Drivers:
Key drivers for the video doorbell industry include rising awareness of home security, driving smart home trends, technological innovation and demand for consumer convenience. As people's attention to home security continues to increase, video doorbells have been widely recognized as a practical and efficient security device. The rise of the smart home trend has also promoted the development of video doorbells, allowing them to be integrated with other smart devices to provide a more comprehensive home security solution.
Restraint:
The main obstacles facing the video doorbell industry include privacy concerns, technical security issues, cost pressure and fierce market competition. With the popularity of video doorbells, users' concerns about privacy leaks have gradually increased. In particular, some security vulnerabilities may lead to unauthorized information leakage, affecting user trust.
Opportunity:
The video doorbell industry is facing broad development opportunities. With the booming development of the smart home market, consumers' demand for security and convenience continues to increase. As a smart security device, the video doorbell has remote monitoring, voice interaction and real-time video functions, and has become an important part of home security. The promotion of smart city and community construction has also provided development opportunities for video doorbells, which are expected to become the standard for community security monitoring.
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