Global Smart Home Security Camera Market is valued at approximately USD 6.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 18.86% over the forecast period 2022-2028. A smart home security camera is a form of camera that is integrated with the Wi-Fi connections that enables a homeowner to monitor and control the camera's functions and videos remotely by connecting it via a smartphone app. This camera uploads the footage to Cloud storage and evades the need for a potentially complicated on-site storage setup. The growing demand for smart homes in the market, rapid technological advancements, coupled with the rising number of burglaries, theft, and robberies are some primary factors bolstering the market demand across the globe. For instance, in June 2020, Arlo Technologies, Inc. declared the introduction of the Ultra Series of security cameras, the Ultra 2 Wire-Free Spotlight Camera System. The product delivers a better user experience, creating advanced features such as an ultra-wide 180-degree field of view, 4K video with HDR, and others. Consequentially, the rising number of technological developments is stimulating the demand for the Smart Home Security Camera, which is accelerating the market growth. However, rising installation costs impede the growth of the market over the forecast period of 2022-2028. Also, increasing disposable income and various strategic initiatives taken by the private players across the global market are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Smart Home Security Camera Market study include: Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region with a market share of 1.9 billion in the global market owing to the introduction of new products in the market and growing penetration of smart home devices. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR of 21.99% over the forecast period 2022-2028. Factors such as the growing residential construction activities, as well as surging demand for home security devices such as cameras, would create lucrative growth prospects for the Smart Home Security Camera Market across the Asia-Pacific region.
Major market players included in this report are:
- Vivint Smart Home, Inc.
- ADT LLC
- SimpliSafe, Inc.
- Brinks Home Security (Monitronics International, Inc.)
- Skylinkhome
- Samsung Electronics Co. Ltd.
- FrontPoint Security Solutions, LLC
- Arlo Technologies Inc
- Nest Labs Inc.
- Wyze Labs Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
By Application:
- Doorbell Camera
- Indoor Camera
- Outdoor Camera
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Furthermore, years considered for the study are as follows:
- Historical year - 2018, 2019, 2020
- Base year - 2021
- Forecast period - 2022 to 2028
Target Audience of the Global Smart Home Security Camera Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Smart Home Security Camera Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Smart Home Security Camera Market, by Product, 2020-2028 (USD Billion)
- 1.2.3. Smart Home Security Camera Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Smart Home Security Camera Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Smart Home Security Camera Market Dynamics
- 3.1. Smart Home Security Camera Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand for the smart homes in the market
- 3.1.1.2. Rapid technological advancements
- 3.1.2. Market Challenges
- 3.1.2.1. Rising installation costs
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing disposable income
- 3.1.3.2. Various strategic initiatives are taken by the private players across the global market
Chapter 4. Global Smart Home Security Camera Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Smart Home Security Camera Market, by Product
- 6.1. Market Snapshot
- 6.2. Global Smart Home Security Camera Market by Product, Performance - Potential Analysis
- 6.3. Global Smart Home Security Camera Market Estimates & Forecasts by Product, 2018-2028 (USD Billion)
- 6.4. Smart Home Security Camera Market, Sub Segment Analysis
- 6.4.1. Wired
- 6.4.2. Wireless
Chapter 7. Global Smart Home Security Camera Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Smart Home Security Camera Market by Application, Performance - Potential Analysis
- 7.3. Global Smart Home Security Camera Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
- 7.4. Smart Home Security Camera Market, Sub Segment Analysis
- 7.4.1. Doorbell Camera
- 7.4.2. Indoor Camera
- 7.4.3. Outdoor Camera
Chapter 8. Global Smart Home Security Camera Market, Regional Analysis
- 8.1. Smart Home Security Camera Market, Regional Market Snapshot
- 8.2. North America Smart Home Security Camera Market
- 8.2.1. U.S. Smart Home Security Camera Market
- 8.2.1.1. Product breakdown estimates & forecasts, 2018-2028
- 8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
- 8.2.2. Canada Smart Home Security Camera Market
- 8.3. Europe Smart Home Security Camera Market Snapshot
- 8.3.1. U.K. Smart Home Security Camera Market
- 8.3.2. Germany Smart Home Security Camera Market
- 8.3.3. France Smart Home Security Camera Market
- 8.3.4. Spain Smart Home Security Camera Market
- 8.3.5. Italy Smart Home Security Camera Market
- 8.3.6. Rest of Europe Smart Home Security Camera Market
- 8.4. Asia-Pacific Smart Home Security Camera Market Snapshot
- 8.4.1. China Smart Home Security Camera Market
- 8.4.2. India Smart Home Security Camera Market
- 8.4.3. Japan Smart Home Security Camera Market
- 8.4.4. Australia Smart Home Security Camera Market
- 8.4.5. South Korea Smart Home Security Camera Market
- 8.4.6. Rest of Asia Pacific Smart Home Security Camera Market
- 8.5. Latin America Smart Home Security Camera Market Snapshot
- 8.5.1. Brazil Smart Home Security Camera Market
- 8.5.2. Mexico Smart Home Security Camera Market
- 8.6. Rest of The World Smart Home Security Camera Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Vivint Smart Home, Inc.
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. ADT LLC
- 9.2.3. SimpliSafe, Inc.
- 9.2.4. Brinks Home Security (Monitronics International, Inc.)
- 9.2.5. Skylinkhome
- 9.2.6. Samsung Electronics Co. Ltd.
- 9.2.7. FrontPoint Security Solutions, LLC
- 9.2.8. Arlo Technologies Inc
- 9.2.9. Nest Labs Inc.
- 9.2.10. Wyze Labs Inc.
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption