Video Door Phone Market, Share, Size, Gross Margin, Future Demands and Forecast 2020-2027
The global door phone market is growing leaps and bounds. Rapidly improving connectivity and the rising demand for easy-to-integrate security systems that offer preps designs are a major trend in the door phone industry globally. Besides, the increasing integration of advanced door phones in smart homes is the prevalent trend among consumers, driving the growth of the video door phone market. Moreover, the wide uptake of door phones is the key driving force escalating the market on the global platform. According to Market Research Future (MRFR), the video door phone market is forecasted to perceive a valuation of USD 5.28 billion by 2023, growing at7.85% CAGR during the assessment period (2018 – 2023). When it comes to security and surveillance systems, video door phones are considered crucial. Industry players intend to set new benchmarks with their value for money accessory range. Technological advances and rising numbers of smart and connected homes and workplaces ...