The smart doorbell camera market share is expected to increase by USD 3.27 billion from 2020 to 2025, and the market’s growth momentum will decelerate at a CAGR of 41.94%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (stand-alone and integrated) and geography (North America, Europe, APAC, South America, and MEA).
The smart doorbell camera market report also offers information on several market vendors, including ADT Inc., Alphabet Inc., Amazon.com Inc., Arlo Technologies Inc., Hangzhou Hikvision Digital Technology Co. Ltd., SimpliSafe Inc., SkyBell Technologies Inc., VTech Holdings Ltd., Xiaomi Corp., and Zmodo Technology Corp. Ltd. among others.
ADT Inc. - The company offers smart doorbell cameras with features such as HD /images, two-way audio, and other features. Under the unified segment, The company operates and reports in a single segment that includes the revenue generated from all the products.
What will the Smart Doorbell Camera Market Size be During the Forecast Period?
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Parent Market Analysis
Technavio categorizes the global smart doorbell camera market as a part of the global consumer electronics market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the smart doorbell camera market during the forecast period.
Smart Doorbell Camera Market: Key Drivers, Trends, and Challenges
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Smart Doorbell Camera Market Driver
- One of the key factors driving growth in the smart doorbell camera market is the inclination toward a high standard of living.
- In developing and developed countries, the high-net-worth individual (HNWI) population is growing, and the preference for a luxurious lifestyle is gradually increasing.
- With the rise in disposable income, consumers' spending capacity and their expenditure on luxury goods and services are increasing.
- With a rise in the number of working women, the number of dual-income households has increased globally. This, in turn, has increased the average income per household, which is a major factor driving the demand for advanced smart home solutions, such as smart doorbell cameras.
Key Smart Doorbell Camera Market Challenge
- The high installation costs will be a major challenge for the smart doorbell camera market during the forecast period.
- The adoption of smart doorbell cameras depends on two cost components: ongoing monitoring and purchase price. Repair and technical support charges also influence the cost of security systems.
- The high installation cost is a major factor hindering the adoption of home security systems by a majority of households. This is hindering the adoption of smart doorbell cameras among customers.
This smart doorbell camera market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Smart Doorbell Camera Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the smart doorbell camera market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for Smart Doorbell Camera Market?
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47% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for smart doorbell cameras in North America. Market growth in this region will be slower than the growth of the market in other regions.
North America is a hub for several international and domestic vendors of smart home products. The region also benefits from being the early adopter of many new technologies. High penetration and awareness of smart home automation products among customers in the region have been pushing vendors in this market to introduce better products in the regional market. Since the disposable income of people is high, the adoption of advanced smart doorbell cameras continues to increase, thus propelling regional market growth. This will facilitate the smart doorbell camera market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What is the Fastest-Growing Product Segment in the Smart Doorbell Camera Market?
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The smart doorbell camera market share growth by the stand-alone segment will be significant during the forecast period. Stand-alone smart doorbell cameras are self-sustaining and do not require conventional doorbells. They can be connected to a user's smartphone through Wi-Fi; no other device or system can be connected. They are extremely popular because of their easy installation and simple operating dynamics. A user can install a stand-alone doorbell camera without any assistance from experts. The price of these doorbells ranges from USD 199 to USD 249. Low cost and easy functionalities contribute to the huge demand for these doorbells.
This report provides an accurate prediction of the contribution of all the segments to the growth of the smart doorbell camera market size and actionable market insights on the post-COVID-19 impact on each segment.
Smart Doorbell Camera Market Scope
Growth momentum & CAGR
Decelerate at a CAGR of 41.94%
Market growth 2021-2025
USD 3.27 billion
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 47%
US, China, Germany, Canada, UK, and South Korea (Republic of Korea)
Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled
ADT Inc., Alphabet Inc., Amazon.com Inc., Arlo Technologies Inc., Hangzhou Hikvision Digital Technology Co. Ltd., SimpliSafe Inc., SkyBell Technologies Inc., VTech Holdings Ltd., Xiaomi Corp., and Zmodo Technology Corp. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
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What are the Key Data Covered in this Smart Doorbell Camera Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive smart doorbell camera market growth during the next five years
- Precise estimation of the smart doorbell camera market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the smart doorbell camera market industry across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive analysis of factors that will challenge the growth of smart doorbell camera market vendors
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- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Stand-alone - Market size and forecast 2020-2025
- Integrated - Market size and forecast 2020-2025
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- ADT Inc.
- Alphabet Inc.
- Amazon.com Inc.
- Arlo Technologies Inc.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- SimpliSafe Inc.
- SkyBell Technologies Inc.
- VTech Holdings Ltd.
- Xiaomi Corp.
- Zmodo Technology Corp. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
- Collation of data
- Estimation of key figures
- Analysis of derived insights
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape