Global Home Security Camera Market, Product (Dome Security Camera, Bullet Security Camera, IP Security Camera), Type (Indoor Security Camera, Outdoor Security Camera), Resolution (Non-HD, HD), Services (Professional, Managed) - Forecast till 2023
Market Highlights
Home security cameras are available in a variety of sizes and exhibit varying degrees of image quality, but their primary function is to provide a video image of what is happening in and around the house. The growing technological advancements in public and private infrastructure has propelled the demand for connected safety and solutions. The growing demand for IP based surveillance cameras is owing to the features being offered such as high-resolution image quality, improved vision, protect valuable assets, and minimize risks associated with criminal activity.
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Key players
The key players in the area of global home security camera market are Hangzhou Hikvision Digital Technology Co. Ltd (China) Motorola Home (U.S.), Shenzhen Leshi Video Tech. Co., Ltd (China), Netgear, Inc. (U.S.), ADT Security Services (U.S.), FrontPoint Security Solutions, LLC (U.S.), Vivint, Inc. (U.S.), SimpliSafe (U.S.), Panasonic Corporation (Japan), Godrej Security Solutions (India), and Nest Cam (U.S.), among others.
Regional Analysis
North America dominates the global home security camera market with a market value of USD 261.3 Million in 2017 and is expected to continue dominance through the forecast period. The presence of major technology giants and start-ups and wider adoption of home security camera are promoting the market growth. Another major factor for home security camera market in North America is the advancement in video analytics for security and safety in homes and other commercial places. Europe was the second-largest market in 2017. Even though, there are many countries in the European Union that restrain the use of security cameras in the homes.
However, Asia Pacific shows the major growth rate of CAGR 10.4% through the forecast period. The region is experiencing growing advancement in infrastructure, support from government bodies, various emergence new companies providing services, and the rise of technology are the major reasons for this steep growth in the region. Major players like Hikvision, Leshi Video Type Co. Ltd, Net Gear, and Nest Cam are investing in the home security camera market. Recently, in April 2018, YI has launched a cloud home security camera with motion detection, two-way audio, cloud storage, and night vision with 1080p full HD support
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Global Home Security Camera Market, Product (Dome Security Camera, Bullet Security Camera, IP Security Camera), Type (Indoor Security Camera, Outdoor Security Camera), Resolution (Non-HD, HD), Services (Professional, Managed) - Forecast till 2027Market HighlightsHome security cameras are available in a variety of sizes and exhibit varying degrees of image quality, but their primary function is to provide a video image of what is happening in and around the house.
The growing technological advancements in public and private infrastructure has propelled the demand for connected safety and solutions.
The growing demand for IP based surveillance cameras is owing to the features being offered such as high-resolution image quality, improved vision, protect valuable assets, and minimize risks associated with criminal activity.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/3787Key playersThe key players in the area of global home security camera market are Hangzhou Hikvision Digital Technology Co. Ltd (China) Motorola Home (U.S.), Shenzhen Leshi Video Tech.
Co., Ltd (China), Netgear, Inc. (U.S.), ADT Security Services (U.S.), FrontPoint Security Solutions, LLC (U.S.), Vivint, Inc. (U.S.), SimpliSafe (U.S.), Panasonic Corporation (Japan), Godrej Security Solutions (India), and Nest Cam (U.S.), among others.SegmentationThe global home security camera market is classified into the product, type, resolution, and services.On the basis of product, the market is further classified into dome security camera, bullet security camera, IP security camera, thermal security camera, PTZ security camera, and others.On the basis of the type the market is further classified into the indoor security camera, and outdoor security camera.On the basis of resolution, the market is further classified into non-HD, and HD.On the basis of services, the market is further segmented into professional services and managed services.The global home security camera market is studied for North America, Europe, Asia Pacific and Rest of the worldRegional AnalysisNorth America dominates the global home security camera market with a market value of USD 261.3 Million in 2017 and is expected to continue dominance through the forecast period.
The presence of major technology giants and start-ups and wider adoption of home security camera are promoting the market growth.
Another major factor for home security camera market in North America is the advancement in video analytics for security and safety in homes and other commercial places.
Smart Home Security Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the smart home security industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected smart home security market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/smart-home-security-global-market-reportThe Smart Home Security Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global smart home security market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Smart Home Security Global Market Report 2021 covers smart home security market drivers, smart home security market trends, smart home security market growth rate, smart home security market major players, player-adopted strategies in the market, and smart home security market size.The global smart home security market is expected to grow from $2.49 billion in 2020 to $2.7 billion in 2021 at a compound annual growth rate (CAGR) of 8.4%.
The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The smart home security systems market is expected to reach $5.05 billion in 2025 at a CAGR of 16.9%.Request For The Sample Now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2530=smpThe report covers the smart home security market segments-1) By Product: Smart Alarms, Smart Camera And Monitoring System, Smart Locks And Sensors, Smart Detectors2) By Application: Independent Homes, Apartments, Condominiums3) By Component: Hardware, Software, ServiceAbout The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
TheBusinessResearchCompany published its Smart Home Security Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global smart home security market.
The report covers the smart home security market’s segments- smart alarms, smart camera and monitoring system, smart locks and sensors, smart detectors, independent homes, apartments, condominiums, hardware, software, and service.Explore Complete Report https://www.thebusinessresearchcompany.com/report/smart-home-security-global-market-reportSmart Home Security Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=2530=smpSmart home security system manufacturers are increasingly integrating technologies with visual recognition based on AI (Artificial Intelligence) in security devices.
AI is proposed to be applied in smart alarms as well in order to create databases of all incoming alerts, which then could be analyzed to predict false alarms.Get Discount On This Report https://www.thebusinessresearchcompany.com/sample.aspx?id=2530=discountChapters from Table of Content:Chapter 1.
