An increasing threat against households’ safety, rising demand for IoT products, and technological advancements are the leading factors driving the global smart doorbell camera market during the projected period.
According to TechSci Research report, “Smart Doorbell Camera Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The smart doorbell camera market has been driven by increasing demand for smart home devices such as smart locks and smart fire alarm systems and provides hassle-free installation and connectivity. To avoid answering the door until the person at the door has been properly identified and validated by the smart doorbell, homeowners can use smart doorbells, a combination of various hardware equipment and software solutions. When the owner isn’t home, a smart doorbell can broadcast a video feed to their smartphone, displaying a pre-programmed message and alerting them to the person at the door. This is possible since the doorbell is connected to other devices through home automation or other interconnection methods. In addition, when necessary, the homeowner may use their phones to assist in unlocking the door while communicating with the person at the door.
Owing to the benefits like flexibility and superior security, ease of installation, remote locking, and unlocking, and the capacity to give homeowners immediate notice in the event of a crime, consumers are growing more interested in smart locks. New products are becoming accessible at more affordable prices as new players enter the global smart doorbell market. Consumer demand for a smart lock and smart doorbell combo will drive growth in the smart doorbell market worldwide. Smart locks and smart doorbells offer excellent security and dependability owing to enhanced technological integration, which is predicted to drive market expansion in the upcoming years.
The products are manufactured by tech hardware companies that have upgraded and changed their products using AI capabilities to adapt to the changing needs of their clients. For instance, the majority of doorbell cameras include a two-way audio system so that users can speak with guests more effectively. Moreover, The global market for smart doorbell cameras is projected to be driven by ongoing product innovation and feature addition, which will lead to quick installation, efficient use, and easy access to the video the device has captured. The demand for these products is likely to be high in urban areas where both power and the internet are commonly accessible.
Due to an increase in criminal activity, including unauthorised entry and theft into residential locations, smart electronic security devices are being used more frequently in residential settings. The growth of smart cities and urbanisation is one of the most significant developments in the market for smart doorbell cameras. Smart cities make decisions based on data to improve the efficiency of their commercial, public, and industrial infrastructure. In smart cities, it is simpler to integrate IoT technology with smart lighting, sensors, smart metres, and other connected devices like smart doorbell cameras.
In order to provide residents with a high quality of life, smart cities have increased the usage of contemporary home automation systems to maintain public safety and reduce crime. The development of infrastructure, technology, environmental sustainability, governmental institutions, high-speed internet access, and transportation are all receiving increased funding from various governments. Thus, driving the demand of smart doorbell camera.
Manufacturers use face recognition technology in their products in addition to automatic motion detection, which serves as an upgraded choice for the smart doorbell market. Face recognition technology has the potential to be a genuine game-changer for manufacturers of smart doorbells who want to build value-added features to their products.
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Key market players in the smart doorbell camera market include:
- August Home, Inc.
- dbell Inc.
- VTech Communications
- SkyBell Technologies, Inc.
- Night Owl Security Products
- Smartwares Group
- Arlo Technologies, Inc.
- Ring Inc.
- Shenzhen VStarcam Technology Co. Ltd
- Napco Security Technologies, Inc.
The companies are expanding their business in different countries for better customer reach by launching new products and acquiring other companies. Such as Amazon, Inc., California-based smart home equipment maker Ring. With this, the company looks forward to expanding its business in the smart doorbell camera market.
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“The increasing crime rates and burglary, rising consumer preference for smart home devices, and the integration of IoT and artificial intelligence, which enhance the smart doorbell camera, are driving the global smart doorbell camera market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Smart Doorbell Camera Market By Product Type (Wired, Wireless), By Connectivity (Stand-alone, Integrated), By End User (Commercial, Residential, Industrial), By Sales Channel (Retailers, Distributors. Online/E-Commerce, Others (Constructing Companies, Home Décor Companies, etc.), By Region, Competition, Forecast & Opportunities, 2018-2028F” has evaluated the future growth potential of smart doorbell camera and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in smart doorbell camera globally.
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