Market revenue in 2023 | USD 125.7 million |
Market revenue in 2030 | USD 329.3 million |
Growth rate | 14.8% (CAGR from 2023 to 2030) |
Largest segment | Wired |
Fastest growing segment | Wireless |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wired, Wireless |
Key market players worldwide | NAPCO Security Technologies Inc, VTech Holdings Ltd, AUXTRON, IFIHomes, Amazon.com Inc, SkyBell, NRG Energy Inc, Zmodo Technology, Hikvision Digital Technology |
Wired was the largest segment with a revenue share of 69.61% in 2023. Horizon Databook has segmented the Brazil doorbell camera market based on wired, wireless covering the revenue growth of each sub-segment from 2018 to 2030.
The smart cities initiative is likely to boost the smart home market in the country, subsequently driving the demand for doorbell cameras and other smart security solutions. Recently, the fourth edition of Connected Smart Cities (CSC) unveiled the top five smart cities in Brazil. Curitiba, Vitoria, Belo Horizonte, São Paulo and Rio de Janeiro are the cities that will be the focus of the smart city’s initiative.
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