Market revenue in 2023 | USD 590.1 million |
Market revenue in 2030 | USD 1,501.9 million |
Growth rate | 14.3% (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 53.5% in 2023. Horizon Databook has segmented the North America doorbell camera market based on wired, wireless covering the revenue growth of each sub-segment from 2018 to 2030.
Major home improvement projects undertaken by consumers in the region are boosting the adoption of doorbell cameras. The growing trend of smart homes which comprise home automation solutions and the growing concerns regarding house safety are driving the demand for doorbell cameras in the region.
For instance, according the U.S. Department of Justice report, in 2017, burglaries accounted for 18.2% of the estimated number of property crimes in the U.S. Moreover, close to 57.5% of burglaries involved forcible entry, 36.2% were unlawful entries, and 6.3% were attempted forcible entry.
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