India Doorbell Camera Market Size & Outlook, 2023-2030
India doorbell camera market, 2018-2030 (US$M)
Related Markets
India doorbell camera market highlights
- The India doorbell camera market generated a revenue of USD 83.4 million in 2023 and is expected to reach USD 242.6 million by 2030.
- The India market is expected to grow at a CAGR of 16.5% from 2024 to 2030.
- In terms of segment, wired was the largest revenue generating product in 2023.
- Wireless is the most lucrative product segment registering the fastest growth during the forecast period.
Doorbell camera market data book summary
| Market revenue in 2023 | USD 83.4 million |
| Market revenue in 2030 | USD 242.6 million |
| Growth rate | 16.5% (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 |
Other key industry trends
- In terms of revenue, India accounted for 4.7% of the global doorbell camera market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China doorbell camera market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 242.6 million by 2030.
Wired was the largest segment with a revenue share of 77.7% in 2023. Horizon Databook has segmented the India doorbell camera market based on wired, wireless covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the India doorbell camera market is attributed to rising awareness about these products and their application in daily life. Increasing smart homes and smart city projects in the country have driven the demand for smart security home solutions, including doorbell cameras.
According to an Economic Times report in March 2020, the main concern with regard to smart home projects is security and this is the most crucial area Indians look for in smart homes. Monitoring cameras, digital locks, sensors, and night vision doorbells are among the top gadgets aimed at providing home security. Such trends are likely to bode well for the doorbell camera market in India.
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Doorbell Camera Market Scope
Doorbell Camera Market Companies
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India doorbell camera market size, by product, 2018-2030 (US$M)
India Doorbell Camera Market Outlook Share, 2023 & 2030 (US$M)
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