Report

Global Video Door Phones Market Size Study, by Type (Wireless Door Phone, Wired Door Phone), by End User (Residential, Non-Residential) and Regional Forecasts 2024-2032

  • Publish Date: Sep,2024
  • Report ID: 03-06-1943
  • Page : 200
  • Report Type : PDF (Email)
The Global Video Door Phones Market was valued at approximately USD 5.36 Billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.91% over the forecast period 2024-2032. Video door phones, also known as video intercoms or video doorbell systems, are security devices installed at the entrance of a building that allow residents to see, hear, and communicate with visitors before granting them access. A video door phone is an intercom system used to manage cell phone calls at the entry to a home with access regulated by audio-visual communication between the inside and outside. The market growth is primarily driven by the surge in adoption of video door phones in non-residential and government applications for communication and security purposes, alongside the associated benefits and integration of advanced technologies in video door phones.

The growing use of video door phones in the residential sector is expected to boost the market growth during the forecast period. The growing use of video door phones in the residential sector is anticipated to significantly boost the video door phones market during the forecast period. As homeowners increasingly prioritize security and convenience, video door phones offer an effective solution by allowing residents to see and communicate with visitors at their doorstep before granting access. The rising awareness of home security, coupled with advancements in video and communication technologies, drives demand for these systems. Additionally, the integration of smart home features and IoT capabilities into video door phones enhances their appeal, making them a popular choice for modern residences. Thus, the market for video door phones is expected to experience substantial growth, driven by these evolving consumer preferences and technological innovations. However, high equipment costs act as major barriers and hamper the market growth.

Key regions considered for the global Video Door Phones market study include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America dominates the market in terms of revenue. The region benefits from a high level of technological adoption and innovation, with residents increasingly seeking advanced home security solutions. The strong presence of major security and electronics companies in North America drives the development and availability of cutting-edge video door phone technologies. Additionally, high disposable incomes and a growing focus on smart home integration contribute to the increasing adoption of video door phones. The region's well-established infrastructure and favorable regulatory environment further support market growth. In Europe, the UK dominated the market in 2023 and is expected to follow the same trend during the forecast period, with Germany expected to emerge as the fastest-growing country. In Asia-Pacific is expected to grow at a highest CAGR during the forecast period 2024-2032, due to new product developments and a significant rise in investment.

Major market players included in this report are:
Panasonic Corporation
Honeywell International Inc.
Legrand
ABB Ltd.
Aiphone
SkyBell Technologies, Inc.
Vtech
FERMAX Global
byone, Inc.
Zmodo.
The detailed segments and sub-segments of the market are explained below:
By Type:
Wireless Door Phone
Wired Door Phone
By End User:
Residential
Non-Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.