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

Global 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

The wired devices have easier installation and lower maintenance cost in comparison to wireless devices. Furthermore, smart wired security camera witness low failure rates, which, in turn, is likely to contribute to the growth of the segment in the years to come. Wireless smart home security cameras are anticipated to hold the fastest market growth with the impressive CAGR in the upcoming five years. These devices can be operated via remote controller and are often connected using Wi-fi or bluetooth. Increased disposable income along with the consumer’s inclination towards the modern and technologically advanced product consumption is expected to be the reasons behind the fastest of market growth in the future.

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.

Click here to download the sample

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.