IMARC Group’s report titled “Door Phone Market by Product (Audio Door Phones, Video Door Phones), Connectivity (Wired, Wireless), Application (Commercial, Residential), and Region 2024-2032“, The global door phone market size reached US$ 5.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.02% during 2024-2032.
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Factors Affecting the Growth of the Door Phone Industry:
- Security Concerns:
In regions with increasing crime rates, there is a heightened need for advanced security solutions to protect homes and businesses. Door phones offer a first line of defense by allowing residents and business owners to verify the identity of visitors before granting access. Awareness campaigns and high-profile incidents emphasize the importance of security systems, leading to increased adoption of door phones for enhanced safety and peace of mind.
- Technological Advancements:
IoT integration allows door phones to connect with other smart home devices, enabling seamless communication and control through a single platform. This interconnectivity provides users with a comprehensive security solution and enhances the convenience of managing home security. AI capabilities, such as facial recognition and behavior analytics, improve the accuracy and efficiency of door phones. These features help in identifying visitors, detecting unusual activity, and sending alerts to users in real time.
- Consumer Preferences:
Consumers prioritize the security of their homes and properties. The ability to see and communicate with visitors before granting access provides a significant sense of safety and peace of mind. With increasing awareness among the masses about crime rates, consumers are more inclined to invest in door phone systems that act as a deterrent to potential intruders. People prefer door phone systems that are easy to install and operate. Intuitive interfaces and simple controls enhance user experience and increase adoption rates.
Leading Companies Operating in the Global Door Phone Industry:
- 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
Door Phone Market Report Segmentation:
By Product:
- Audio Door Phones
- Video Door Phones
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.
Global Door Phone Market Trends:
Door phones are increasingly being integrated with smart home ecosystems, allowing seamless control via smartphones, tablets, and voice-activated assistants. The incorporation of Internet of Things (IoT) and Artificial Intelligence (AI) technologies in door phones is enhancing functionality with features such as facial recognition, behavior analytics, and real-time alerts. The convenience of wireless door phones, which eliminate the need for extensive wiring, is driving the market growth, particularly in urban and densely populated area. Wireless connectivity facilitates remote access and control, enabling users to monitor and interact with their door phones from anywhere, thus increasing consumer demand.
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