Global Smart Home Security Camera Market By Type (Wired and Wireless), By Application (Doorbell Camera, Indoor Camera, Outdoor Camera), By Product (Dome Security Camera, Bullet Security Camera, IP Security Camera, Others), By Resolution (HD, Non-HD), By Region, Competition Forecast & Opportunities,
Global Smart Home Security Camera Market By Type (Wired and Wireless), By Application (Doorbell Camera, Indoor Camera, Outdoor Camera), By Product (Dome Security Camera, Bullet Security Camera, IP Security Camera, Others), By Resolution (HD, Non-HD), By Region, Competition Forecast & Opportunities, 2027
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Free Sample Ask for Discount Request CustomizationGlobal smart home security camera market is anticipated to grow with an exquisite CAGR in the forecast period, 2023-2027, on account of growing penetration of smart homes and the modern outlook of consumers towards their security incorporated residents and workplaces. People in developed and developing countries are equally inclined towards installing home security cameras and smart home security systems thereby driving the growth of the global smart home security camera market in the upcoming five years.
Moreover, security devices that provide the prominent services through home automation process to access security at all hours is paving the pathway for growth of the global smart home security cameras market in the upcoming five years. These cameras are applicable for both indoor and outdoor security, which has led to their increased demand from consumers. Furthermore, increasing expansion of home automation devices, security cameras with remote technology on smartphones, tablets or wearables has increased their demand among consumers, who want to ensure maximum safety of their homes and workplaces.
The global smart home security cameras market is segmented by type, application, product, resolution, competitive landscape, and regional distribution. Based on
Wired security systems? They're often a breeze to set up and keep running, especially when you stack them up against their wireless cousins. Plus, wired smart security cameras seem to be pretty reliable, which should help them gain even more fans in the future. But hold on, because wireless smart home security cameras are expected to really take off, showing some impressive growth in the next five years. Think easy remote control, connecting with Wi-Fi or Bluetooth – the works! Ultimately, it looks like people having more money to spend, and a desire for all things modern and techy, will fuel that rapid market growth.
Holding the largest market shares of the global smart home security camera market, a partial list of major market players includes, Hangzhou Hikvision Digital Technology Co. Ltd (China), Motorola Solutions, Inc. (Motorola Home), Shenzhen Leshi Video Tech. Co., Ltd (China), Netgear, Inc. (Arlo), FrontPoint Security Solutions, LLC (U.S.), Vivint, Inc. (U.S.), Panasonic Corporation (Japan), SimpliSafe (U.S.), Godrej Security Solutions (Godrej & Boyce Mfg. Co. Ltd.), Nest Labs, Inc. (Alphabet), among others.
Market players are actively involved in the research and development to bring technologically advanced security devices to meet the consumer demand. Technological advancements may include compatibility with the smartphone integration, better alarm and alert system, proximity alerts, etc. Other strategic recommendations for the new players includes partnership and acquisitions with the market players.
Objective of the Study
- To analyze the historical growth in the market size of global smart home security camera market from 2017 to 2021.
- To estimate and forecast the market size of global smart home security camera market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast global smart home security camera market based on type, application, product, resolution, regional distribution, and competitive landscape.
- To identify dominant region or segment in the global smart home security camera market.
- To identify drivers and challenges for global smart home security camera market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global smart home security camera market.
- To identify and analyze the profile of leading players operating in global smart home security camera market.
- To identify key sustainable strategies adopted by market players in global smart home security camera market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global smart home security camera market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience
- Manufacturers, end users and other stakeholders
- Distributers and suppliers of products and other stakeholders
- Organizations, forums, and alliances related to smart home security camera market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered |
|
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa |
Key Companies Profiled | Gemalto, OT-Morpho, SITA, Indra Sistemas, secunet Security Networks, Vision-Box, Gunnebo, NEC Corporation, Accenture, Cross Match Technologies. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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