Smart Doorbell Market Research Report - Global Forecast till 2030

Impact of COVID-19 on the Smart Doorbells Market

A smart doorbell is a monitoring and communication device that enables users to screen visitors. These doorbells are connected with the Internet and are equipped with a built-in speaker, a camera, and a microphone. They are widely adopted in residential applications owing to the increasing awareness among people regarding safety and home security. The COVID-19 pandemic has impacted the market both positively and negatively. The lockdowns imposed across the globe to contain the spread of COVID-19 have confined people to their homes. The coronavirus spreads among people through commonly touched surfaces. Smart doorbells play a crucial role in preventing the spread of the virus. Voice-controlled electronic devices help in decreasing the instances of physical contact in people’s households. Smart doorbells, with the help of video cameras and speakers, can also ensure that the customers receive deliveries without coming in direct contact with the person making the delivery. Besides, an increase in the construction of smart homes is boosting the demand for smart doorbells. However, the halting of construction activities and delays in construction projects caused due to the pandemic are hindering the growth of the market.

Smart doorbells are also used in commercial applications. However, the pause in the construction of new offices owing to the COVID-19 pandemic is hampering the growth of the market. Also, the temporary halt in the production of smart devices due to the shutting down of manufacturing facilities in various countries has impacted the sales of smart doorbells. The ongoing COVID-19 crisis has disrupted the electronics value chain and raw-material supply and has also posed an inflationary risk on the products. These disruptions have compelled businesses to focus on de-risking while evaluating their end-to-end value chains and adopting the remote working policy.

Global Home Security Devices Estimated Growth between 2017 and 2022 (Units in USD Million)

Source: MRFR

Impact Analysis