Global Door Phone Market Statistics: US$ 8.9 Billion Value by 2032
Door Phone Market Industry
Summary:
- The global door phone market size reached USD 5.2 Billion in 2023.
- The market is expected to reach USD 8.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.02% during 2024-2032.
- North America leads the market, accounting for the largest door phone market share.
- Audio door phones represent the largest segment due to their user-friendliness.
- Wired accounts for the majority of the market share as they allow occupants to screen visitors without direct physical contact.
- Residential exhibits a clear dominance in the market owing to the increasing installation of door phones in homes for maintaining safety.
- The growing incidences of home invasions and burglaries are encouraging homeowners and property managers to adopt advanced security solutions to protect their properties.
Door Phone Market Trends and Drivers:
- Enhanced Security Concerns and Crime Prevention:
The growing incidences of home invasions and burglaries are encouraging homeowners and property managers to adopt advanced security solutions to protect their properties. Door phones, especially those equipped with video capabilities, provide an added layer of security by allowing residents to verify the identity of visitors before granting access. This feature is particularly valuable in urban areas where unauthorized access can be a significant concern. Moreover, the increasing awareness about the benefits of video intercom systems for crime prevention is encouraging the adoption of door phones. Property owners are investing in these systems to deter potential intruders and enhance overall security.
- Technological Advancements and Product Innovations:
Manufacturers are focusing on developing door phones with enhanced features, such as high-definition video, facial recognition, motion detection, and cloud storage capabilities. These innovations not only improve the functionality of door phones but also cater to the increasing demand for smart and secure home solutions. The integration of artificial intelligence (AI) and the internet of things (IoT) in door phones is further elevating their appeal, enabling more seamless and automated home security systems. Additionally, the development of wireless door phones and systems with long-range connectivity is making it easier for individuals to install and use these devices in various residential and commercial settings.
- E-commerce and Online Retail Channels:
With the rise of online shopping, individuals have easier access to a wide range of door phone products, including those from international brands. The convenience of purchasing door phones online, coupled with the availability of detailed product information, user reviews, and competitive pricing, is encouraging more people to invest in these security devices. Furthermore, online retailers often offer installation services and client support, making it easier for buyers to choose and set up door phones in their homes or businesses. The increasing popularity of e-commerce platforms is also enabling manufacturers to reach a broader audience, such as people in remote or underserved areas.
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Door Phone Market Report Segmentation:
By Product:
Audio door phones represent the largest segment due to their user-friendliness.
By Connectivity:
- Wired
- Wireless
Wired accounts for the majority of the market share as they allow occupants to screen visitors without direct physical contact.
By Application:
- Commercial
- Residential
Residential exhibits a clear dominance in the market owing to the increasing installation of door phones in homes for maintaining safety.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America's dominance in the door phone market is attributed to the rising occurrence of burglary and thefts and increasing awareness about the importance of installation of door.
Top Door Phone Market Leaders:
- 1byone Inc.
- Aiphone Corporation (Aiphone Co. Ltd.)
- CP PLUS International (Aditya Infotech Ltd.)
- Fermax
- Godrej & Boyce Mfg. Co. Ltd.
- Hangzhou Hikvision Digital Technology Co.Ltd
- Honeywell International Inc.
- KOCOM Co. Ltd.
- Legrand
- Panasonic Corporation
- URMET S.p.A.
- Zicom Electronic Security Systems Ltd
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