The global smart home security cameras market is projected to grow at a CAGR of 12.7% during the forecast period (2023-2029). Rising penetration of smart homes, growing sales of smart home devices, and increasing spending of consumers on home automation products are likely to drive the growth of the global market. The security devices are gaining traction through the home automation process which is paving the way for different smart home security cameras for indoor as well as outdoor safety applications. Technological advancement in the smart home security camera is further expected to encourage the customers to adopt them for security concerns. The number of smart city projects across the globe is on a continuous rise.
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The indoor camera segment is considered to hold a considerable market share in 2019. The continuous increase in the incidence of theft and burglary cases is catching the attention of residential households towards indoor security which in turn is driving the demand for an indoor camera. The high adoption of an indoor camera to take the indoor environment under surveillance is anticipated to make a considerable contribution towards the high share of this market segment. The doorbell camera application segment is anticipated to exhibit significant growth. The high demand for these cameras from the high-rise apartments owing to the safety & security concern is driving the high growth of this market segment. Stringent government policies, infrastructural development, and technological advancements among others are further contributing towards the high growth of this market segment.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Smart Home Security Camera Market report Segment
By Product Type
- Wired
- Wireless
By Application
- Doorbell Camera
- Indoor Camera
- Outdoor Camera
Global Smart Home Security Camera Market report Segment
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart home security cameras market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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