Global Wi-Fi Video Doorbell Market Overview:
The WI-FI video doorbell helps users to see who is at the door from a system screen, a tablet, or another electronic gadget. Doorbell cameras with built-in motion detection capture video anytime anyone approaches within range. Video doorbells, on the other hand, catch the optical, high-resolution color video, as opposed to old-fashioned surveillance devices that captured grainy black and white video on videotape recorders. Many doorbell cameras have night vision features, which allows them to take direct pictures of intruders at night. Wi-Fi video doorbells allow direct two-way contact with the person at the door which makes it really easy to take deliveries and check who is at door. They are big enhancement insecurity of home and neighborhood. With increasing awareness about privacy; the demand for Wi-Fi Video Doorbell is also increasing.
Growth Drivers
- Increasing Demand for Wi-Fi Video Doorbell for Security Purposes
- Growing Demand of Wi-Fi Video Doorbell for Remotely Contacting Person at Door
Market Trends
- Adoption of Mobile App for Wi-Fi Video Doorbell
- Introduction of New Features Like Automatic Reply
Roadblocks
- Concerns Regarding Cyber Attacks
Opportunities
- Increasing Demand of Wi-Fi Video Doorbell Due to Introduction Of 5G
- Growing Consumption of Wi-Fi Video Doorbell in Developing Countries
Challenges
- Constant Electricity and Internet Are Required for Wi-Fi Video Doorbell to Work
- Bugs and Glitches in Software Are Difficult to Iron Out
Competitive Landscape:
Market players in this market are either big tech companies or medium and small private limited companies. Most of the demand for products is from developed nations like United States, European Nation, and China. High R&D is skills are required to operate in this market. Marketing is necessary to survive in this market. Offering innovative services with this product is a key thing to offer in this market.
Some of the key players profiled in the report are Alphabet (United States), MOGOI (Indonesia), ADT (United States), Arlo (United States), dbell Inc (Canada), Eufy Security (China), Olive and Dove (United States), Ring (United States), SimpliSafe, Inc. (United States), SkyBell Technologies, Inc. (United States) and Hero (India). Considering Market by Features, the sub-segment i.e. Two Way Talk will boost the Wi-Fi Video Doorbell market. Considering Market by Camera Resolution, the sub-segment i.e. Less Than 720p will boost the Wi-Fi Video Doorbell market.
On 8th April 2021, Qubo Video Doorbell, India's first smart doorbell, was launched by Hero Electronix. ubo Smart Video Doorbell will be available to a wide range of users in Indian cities (both metro and non-metro) for Rs 9,990. In order to promote this device, the organization has created an implementation network. The hero will also provide free installation support.
What Can be Explored with the Wi-Fi Video Doorbell Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Wi-Fi Video Doorbell Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Wi-Fi Video Doorbell
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wi-Fi Video Doorbell market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wi-Fi Video Doorbell market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Wi-Fi Video Doorbell Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.