Published Date: 28-Jul-22
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According to a new report, published by KBV research, The Global Smart Doorbell Market size is expected to reach $7.7 billion by 2028, rising at a market growth of 17.8% CAGR during the forecast period.
The Wireless segment is leading the Global Smart Doorbell Market by Product Type in 2021 thereby, achieving a market value of $5.08 billion by 2028. A wireless video doorbell is an electrical device that allows users to see who is at their door via a live stream on their smartphone. It also enables them to speak with people outside via two-way audio, all without having to open or even be close to the front door.
The Offline segment shows the high growth rate of 17.4% during the forecast period. The rising growth of this segment is owing to the fact that these doorbells are easily available across various offline distribution channels. Smart doorbells are also available in various supermarkets and hypermarkets.
The Residential segment acquired maximum share revenue the Global Smart Doorbell Market by End User in 2021 thereby, achieving a market value of $4.4 billion by 2028. The demand for smart doorbells is increasing in this segment due to the rising incidences of burglary and home invasion. The Smart Doorbells have a feature that records every person that enters the house, so if the homeowner has an intruder, this camera can assist them to identify the intruder.
The North America market dominated the Global Smart Doorbell Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.6 billion by 2028. The Europe market is experiencing a CAGR of 17.3% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 17.3% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/smart-doorbell-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Amazon.com, Inc., Panasonic Corporation, Google LLC, Arlo Technologies, Inc., Assa Abloy AB, Legrand S.A., Vivint Smart Home, Inc., LaView Eagle-Eye Technology, Inc., Night Owl Security Products LLC, and Skybell Technologies, Inc.
By Distribution Channel
By End User
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