Global Video Doorbell Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Video Doorbell Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Video Doorbell market finds that the global Video Doorbell market reached a value of USD 1830.97 million in 2022. It’s expected that the market will achieve USD 6477.65 million by 2028, exhibiting a CAGR of 23.44% during the forecast period.

From the demand side, during the epidemic, all kinds of smart devices help residents monitor safety, hygiene, and health during long-term home life. With the surging tide of the Internet of Things, smart homes including video doorbells have gradually come into people's field of vision. However, some consumers have heard of Video Doorbell or have been exposed to Video Doorbell on certain occasions, but do not plan to buy it temporarily because of lack of understanding or misunderstanding of Video Doorbell. With the maturity of the Video Doorbell consumer market and the development and drive of new retail, it is expected that in the next few years, the global Video Doorbell demand market will usher in greater opportunities.

On the supply side, restrictive policies such as government blockade policies have affected labor supply, input supply, logistics, wholesale and retail, and Video Doorbell's supply chain from manufacturing to sales was disrupted. Affected by the new crown pneumonia epidemic, traffic control and other measures have severely affected the cross-regional transportation of products. The import and export trade were blocked, which extended the storage cycle of Video Doorbell and increased the cost of practitioners. In addition, Vietnam and other Southeast Asian countries, which are in the upper reaches of the supply chain, have increased the number of infections, leading to blockades in some areas and forced shutdown of factories, resulting in insufficient supply of chips. At the same time, with the gradual restart of the economy and further expansion of market demand, the supply and demand of Video Doorbell parts and chips are imbalanced, and companies are generally facing problems such as difficulty in employment, expensive labor, and tight capital chains.

Market Drivers

Technology continues to evolve.
With the maturity of wireless connection technology and low-power chip design technology, the smart home industry has entered rapid development. Especially after the AI blessing, in addition to the traditional real-time reminder, video intercom, music doorbell and other functions, it also has AI face recognition, abnormal motion detection, night vision, voice change functions, etc. When not at home, someone will press the doorbell, the door knock message will be received on the mobile phone, and the homeowner can check the visitor through the mobile phone, have a conversation with the visitor, and control the opening of the door lock. In addition to the video function, the audio function is another main technology of the video doorbell.
The video doorbell and all these smart home technologies are developing rapidly. The basic functions are continuously improved, and new functions are constantly added. And as a smart device, the video doorbell can also be connected to other smart devices. Therefore, with the further development of technology, the market for video doorbells will further expand.

Market Development Constraints
Disadvantages of video doorbell.
In the event of a power failure, the video doorbell that relies on Wi-Fi to work will not be available. In addition, there are many types of home video doorbells on the market, and many businesses do not strictly monitor the quality, which leads to chaos in the entire market. Therefore, all of these must be taken into consideration when putting together a comprehensive home security setting. In terms of the advantages and disadvantages of the video doorbell, this is a big problem.

Region Overview:

Geographically, North Americaheld the largest market share – 38.47% in 2021.

Company Overview:

Ring, SkyBell, NEST, Vivint and Remo+ are the five key players in the global Video Doorbell market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Video Doorbell market in the past 5 years.

Ring

Ring LLC is a home security and smart home company owned by Amazon. Home security products produced by Ring integrate outdoor surveillance cameras including Ring Video smart doorbells, and host an application Neighbors to share the captured videos online among users.

SkyBell

The mission of SkyBell was established to improve daily life by creating simple and practical products for smart homes, starting from the front door. SkyBell hopes to provide homeowners with more convenience, control, security and connectivity.

Segmentation Overview:

As for product types, the WiFi segment held the largest market share in 2021.

Wi-Fi

Wi-Fi is a wireless local area network technology based on the IEEE 802.11 standard. When the Wi-Fi doorbell is connected to the user's WIFI network, it will generate a real-time feed so that the user can see who is at the door.

DECT

Digital enhanced wireless communication is a digital communication standard mainly used for the development of cordless telephone systems.

Application Overview:

The market's largest segment by application is the segment Residential, with a market share of 83.01% in 2021.

Key Companies in the global Video Doorbell market covered in Chapter 3:

Ring
Arlo
Vivint
Eufy
SkyBell
Vtech　
Zmodo
NEST
August　home
ADT Inc.
Remo+
Aiphone　
Eques

In Chapter 4 and Chapter 14.2, on the basis of types, the Video Doorbell market from 2018 to 2029 is primarily split into:

WiFi
DECT

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Video Doorbell market from 2018 to 2029 covers:

Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)