Market revenue in 2023 | USD 187.0 million |
Market revenue in 2030 | USD 495.0 million |
Growth rate | 14.9% (CAGR from 2023 to 2030) |
Largest segment | Wired |
Fastest growing segment | Wireless |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 69.3% in 2023. Horizon Databook has segmented the Latin America doorbell camera market based on wired, wireless covering the revenue growth of each sub-segment from 2018 to 2030.
Technological innovation and product launches by key manufacturers in the wireless doorbell camera category bode well for segment growth. Growing participation of players in the smart homes market has been fueling the demand for wireless doorbell cameras, providing numerous opportunities for players such as Control4 Corporation; Crestron Electronics, Inc.; EE Limited; Emerson Electric, Co.; Honeywell International, Inc.; Johnson Controls, Inc.; LG Electronics, Inc., Samsung Electronics Co., Ltd. and Schneider Electric SE. always for new construction.
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