LONDON–(BUSINESS WIRE)–The global smart doorbell camera market size is expected to grow by USD 2.75 billion during 2020-2024, according to the latest market research report by Technavio. Request a free sample report
The increasing incidences of theft, domestic burglary, robbery, and violent attacks in recent years has resulted in the increasing adoption of smart electronic security products. Stand-alone smart doorbell cameras are self-sustaining and do not require conventional doorbells. They have features such as infrared night vision, weather-resistant design, custom motion zones, and theft protection. These devices are extremely popular since they are easy to install and offer users simple operating dynamics. Smart doorbell cameras also allow users to access, monitor, and control their doors from anywhere using mobile devices such as smartphones, tablets, and laptops. Therefore, the increasing use of security monitoring systems across the globe is expected to drive the demand for products such as smart doorbell cameras during the forecast period.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40189
As per Technavio, the growing number of smart cities and urbanization will have a positive impact on market growth over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.
Smart Doorbell Camera Market: Growing Number of Smart Cities and Urbanization
Governments of various countries are increasingly focusing on building smart cities. Smart cities adopt advanced home automation solutions to address public safety and mitigate crime holistically for providing a higher quality of life to the dwellers. As a result, with the rise in the number of smart cities worldwide, the adoption of smart doorbell cameras is anticipated to increase considerably during the forecast period.
“Increasing number of residential construction activities, technological advances, and continuous product launches are some other factors that are expected to boost the smart doorbell camera market growth during the forecast period,” says a senior analyst at Technavio.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Smart Doorbell Camera Market: Segmentation Analysis
This market research report segments the smart doorbell camera market by product (stand-alone and integrated) and geography (APAC, Europe, MEA, North America, and South America).
North America led the market in 2019, followed by Europe, APAC, South America, and MEA respectively due to the increasing adoption of smart home technology in the US and Canada. Furthermore, the high penetration of the Internet and smartphones is expected to play a significant role in the adoption of smart connected doorbells in the region.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].