Global Video Door Phones Market Size 2024, Forecast To 2033
6 Mar, 2024
The video door phones market has demonstrated robust growth, increasing from $5.4 billion in 2023 to $5.87 billion in 2024, representing a compound annual growth rate (CAGR) of 8.7%. Historical growth is attributed to evolving design and aesthetics, the introduction of basic intercom systems, analog video door phones, early adoption in high-security installations, and limited product offerings. Looking ahead to 2028, the market is expected to continue its strong growth, reaching $8.1 billion at a CAGR of 8.4%. Contributing factors in the forecast period include regulatory requirements and standards, the expansion of commercial applications, customization and personalization, a focus on energy efficiency, and affordable pricing and accessibility. Noteworthy trends during this period encompass voice assistant integration, multi-unit installations, AI-powered analytics, cloud-based solutions, and remote access and mobile control.
Global Video Door Phones Market Key Driver
The rising number of smart homes is anticipated to drive the growth of the video door phone market. Smart homes utilize internet-connected devices for remote monitoring and control of various systems and appliances, including lighting, heating, locks, cameras, and televisions. As the smart home market expands, the adoption of video doorbells, a key component of smart home security, is on the rise. Video door phones allow homeowners and renters to enhance security by providing visual and audio communication with visitors. As of August 2022, Plume IQ reported approximately 41 million smart homes and over 1.8 billion connected devices on its global network. Additionally, in June 2021, GOV.UK revealed that 51% of households in the UK had internet-connected smart televisions. Consequently, the increasing number of smart homes is driving the growth of the video door phone market in 2023, 2024, and 2028.
Get A Free Sample Of The Global Video Door Phones Market ReportGlobal Video Door Phones Market Segments
The video door phones market covered in this report is segmented –
1) By Type: Wired, Wireless
2) By Access Control: Fingerprint Readers, Proximity Card, Keypad For Secret Numbers, Bluetooth Triggered By Mobile Phone
3) By Component: Cameras, Sensors, LED (Light-Emitting Diodes) Or LCD (Liquid Crystal Display), Microphones Or Speech Unit
4) By End-User: Education, Government, Residential, Commercial, Healthcare
By Geography:The regions covered in the video door phones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the video door phones market in 2023. The regions covered in the video door phones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Video Door Phones Industry Players
Panasonic Holdings Corporation, Honeywell International Inc., Legrand SA, Aiphone Corporation, Fermax Global SL, VTech Holdings Limited., SkyBell Technologies Inc., Zmodo Technology Corporation., 1byone Inc., Vivint Inc., Amocam Technology Co. Ltd., Guangdong Anjubao Digital Technology Co. Ltd., Secure EYE Services Private Limited, WRT Intelligent Technology Co. Ltd., Ring LLC, ABB Ltd., Telecommunication Systems Inc., Jacques Technologies, Nortek Security & Control, Commax Co. Ltd., Fujian Aurine Technology Co. Ltd., Superior Value Added Technologies Inc., Entryvue Technologies Inc., MOX Networks LLC, Dahua GmbH, KOCOM Co. Ltd., Axis Communications AB, Honeywe Automation India Limited, Samsung India Electronics Pvt. Ltd.
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Video Door Phones Market Overview
Video door phones are intercom systems that are used at building entrances to make calls and control access using video communication between inside and outside the building. Video door phones are connected to home automation systems, which boost security and communication convenience.
Video Door Phones Global Market Report 2023 provides data on the global video door phones market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The video door phones market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.