Door Phone Market

Market Overview:

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. The emerging trend of smart homes, launch of advanced product variants, and rising funding by governing agencies represent some of the key factors driving the market.

A door phone refers to a collection of electrical and electronic elements that are mounted on the wall with buttons and a handset. It is widely used to communicate with a guest outside of a house, apartment, and villa. It also enables the unlocking and locking of the main gate and provides a higher level of security. It can be interlinked between multiple residences to operate as a safety device and an intercom for saving money on installing and maintaining numerous devices. At present, it is commonly available in the audio variant that enables users to talk with the visitor at the door and the video variant, which allows the resident to identify visitors through the connected screen.

Door Phone Market Trends:

Presently, the increasing instances of thefts and burglaries, coupled with rising concerns about home security, represent one of the major factors driving the demand for door phones around the world. Moreover, the emerging trend of smart homes and the rising utilization of smart devices on account of inflating income levels and rapid urbanization are supporting the growth of the market. In addition, the growing number of renovation and construction activities in the residential and commercial areas and rising investments in the development of smart cities by governing agencies of numerous countries are currently influencing the market positively. Apart from this, the increasing number of offices, warehouses, stores, hotels, parks, and resorts is catalyzing the demand for door phones to enhance public safety. Furthermore, key players operating in the industry are introducing advanced video door phones that are equipped with voice change function and call recording features, and offer picture recording with the help of main and extension monitors. These advanced variants can also be connected with multiple wired and wireless monitors and LED lights for allowing users to see more precise images. Besides this, the advent of door phone mobile applications to control the opening and closing of the door even from the distant places. In addition, the rising awareness among individuals about the benefits of using door phones is projected to create a positive outlook for the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global door phone market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product, connectivity, and application.

Product Insights:

• Audio Door Phones
• Video Door Phones
   

The report has provided a detailed breakup and analysis of the door phone market based on the product. This includes audio door phones and video door phones. According to the report, audio door phones represented the largest segment.

Connectivity Insights:

• Wired
• Wireless
   

A detailed breakup and analysis of the door phone market based on the connectivity has also been provided in the report. This includes wired and wireless. According to the report, wired accounted for the largest market share.

Application Insights:

• Commercial
• Residential
   

A detailed breakup and analysis of the door phone market based on the application has also been provided in the report. This includes commercial and residential. According to the report, the residential sector accounted for the largest market share.

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
   

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, North America was the largest market for door phones. Some of the factors driving the North America door phone market included a considerable use of security devices, rise in residential development projects, and integration of advanced technologies.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global door phone market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 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, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the door phone market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global door phone market.
• The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the door phone industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.