Market revenue in 2023 | USD 418.0 million |
Market revenue in 2030 | USD 1,048.0 million |
Growth rate | 14% (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 52.7% in 2023. Horizon Databook has segmented the U.S. doorbell camera market based on wired, wireless covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in demand for convenient exit and entry security solutions in commercial and residential areas is a key factor driving the market. Moreover, doorbell cameras equipped with smart technologies have been gaining traction among consumers in the country.
Most of these products come with virtual assistants such as Amazon Alexa, Google Assistant, and IFTTT, which further supports the segment growth. Rising product innovations in this category is resulting in the penetration of the product in North America.
For instance, in July 2019, eufy, a smart home brand by Anker Innovations, launched the eufy Doorbell with a 160 degree wide-angle lens that records footage in 2K at a 4:3 ratio. HDR footage helps consumers clearly identify who is at the door in difficult lighting conditions.
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