Segments - Smart Doorbell Market by Types (Wired and Wireless), Products (Stand-alone and Integrated), Components (Hardware and Software), Distribution Channels (Online and Offline), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global smart doorbell market size was valued at around USD 2.81 billion in 2022 and is expected to reach USD 11.54 billion by 2031, expanding at a CAGR of 17% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing security concerns.
Smart doorbell refers to an internet-connected doorbell, which notifies homeowners through smart devices, about arrival of a visitor at the door. Smart doorbell activates when a visitor presses a button on the doorbell. Smart doorbells have motion sensors as well, which can sense when a visitor arrive at the door. The doorbell transmits or sends signals in form of video, audio, or picture to connected smart devices of homeowners to let them know the arrival of the visitor.
Smart doorbells offer several features to homeowners such as door-answering feature. Through connected smart devices, homeowners can accept the visitor and open the door for them or decline to answer the door. Homeowners can talk to the visitors through smart doorbells as they have two-way audio feature. Some smart doorbells have pre-recorded messages that can be displayed on screens of doorbells.
Homeowners can command doorbells to show them their front doors through applications on smart devices. Smart doorbells function as security cameras as they have motion sensor cameras, which can detect any movement at any time. Smart doorbells can record these movements as well.
Features of smart doorbells such as simple installation, remote locking and unlocking, and immediate notifications on smart devices are expected to drive the market during the forecast period.
Increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) in doorbell systems is estimated to fuel the market in the coming years.
Growing treats against safety and security of individuals and households boosts the market.
Lack of availability of high-speed internet connectivity is expected to restrain the growth of the market during the projected period.
High capital cost of smart doorbell systems hampers the growth of the market.
Rising popularity of smart doorbell with homeowners offer lucrative opportunities to the key market players.
The report on the global smart doorbell market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Smart Doorbell Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Types (Wired and Wireless), Products (Stand-alone and Integrated), Components (Hardware and Software), and Distribution Channels (Online and Offline) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Panasonic Holdings Corporation; Google LLC; Netatmo; Ring LLC; Shenzhen VStarcam Technology Co. Ltd.; SkyBell Technologies, Inc.; August Home; dbell, Inc.; Chui; Dnake (Xiamen) Intelligent Technology Co., Ltd.; Smartwares Groups; Legrand; Arlo Technologies; Owlet Home; Vtech Communications; and Others |
Based on types, the global smart doorbell market is divided into wired and wireless. The wired segment accounts for a key share of the market; however, the wireless segment is anticipated to expand at a rapid pace during the forecast period. Wireless smart doorbells are easy to install, versatile, and affordable. These are the key factors aid in the expansion of the wireless segment.
On the basis of products, the market is bifurcated into stand-alone and integrated. The integrated segment is estimated to drive the market during the forecast period, due to inclination of consumers towards smart doorbell and smart lock integrated systems. Such systems provide high level of dependability and safety, which aids in the expansion of the segment.
Based on components, the market is distributed into hardware and software. The hardware segment is projected to drive the market during the forecast period, as manufacturers are adding number of innovative hardware components in smart doorbell to improve consumer experience.
For example, manufacturers are offering smart doorbell solutions with display screens that can display special information or messages such as house numbers or Do Not Disturb note, built-in infrared LED integration, motion sensors, and others. These are the key factors, which aids in the expansion of the hardware segment.
In terms of distribution channels, the market is segregated into online and offline. The online segment is estimated to fuel the market during the forecast period, owing to ease in purchasing from online platforms. Online stores offer variety of smart doorbell products to consumers to choose from, and consumers receive benefits of online purchasing such as door-step delivery, hassle-free returns and replacements, and discounts. These factors contribute in the expansion of the online segment.
On the basis of regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period, owing to advancement of IoT and AI, innovation in smart doorbells, and growth in real estate sector in the region.
The market in Europe in estimated to expand at a rapid pace in the coming years, due to availability of technical expertise, high concentration of market players, and increasing number of smart homes in the region.
The global smart doorbell market has been segmented on the basis of
The global smart doorbell market is a highly competitive landscape with the presence of key players such as Panasonic Holdings Corporation; Google LLC; Netatmo; Ring LLC; Shenzhen VStarcam Technology Co. Ltd.; SkyBell Technologies, Inc.; August Home; dbell, Inc.; Chui; Dnake (Xiamen) Intelligent Technology Co., Ltd.; Smartwares Groups; Legrand; Arlo Technologies; Owlet Home; Vtech Communications; and others, who implement business strategies such as acquisitions, product launches, collaborations, partnerships, and mergers to dominate the market.
For example, in January 2019, Netatmo launched a smart doorbell that is compatible with Apple Home Kit, which enables users to communicate with visitors using Apple smartphones.
In June 2021, Ring LLC launched Ring Video Doorbell Wired, which is an entry-level of smart doorbell wired version with capability of full HD 1080p video.
The market is estimated to register CAGR of around 17% during the forecast period.
The global smart doorbell market size was valued at around USD 2.81 billion in 2022 and is anticipated to reach around USD 11.54 billion by 2031.
Wired and Wireless are the two types of smart doorbells.
Smart doorbell refers to an internet-connected doorbell, which notifies homeowners through smart devices, about arrival of a visitor at the door.
Asia Pacific dominates the global smart doorbell market.
Panasonic Holdings Corporation; Google LLC; Netatmo; Ring LLC; Shenzhen VStarcam Technology Co. Ltd.; SkyBell Technologies, Inc.; August Home; dbell, Inc.; Chui; Dnake (Xiamen) Intelligent Technology Co., Ltd.; and Smartwares Groups are some of the key players in the market.