Smart Home Security Cameras Market Worth to Outgrow by USD 10129.2 MN BY 2027
Posted On March 11, 2021
According to the research report by Value Market Research, the Global Smart Home Security Cameras Market is likely to grow to USD 10129.2 MN by 2027 with a CAGR of 17% during the year 2020-2027. The increase in the number of home burglaries and people interested in getting immediate alerts of any unusual activity in their homes will be the primary stimulant for the smart home security cameras market. The growing interest in monitoring babies, pets, and predators among modern households will benefit market growth. The latest technological features like safe cloud storage, high-resolution digital imaging, facial recognition, motion sensors, and infra-red night vision features will further propel market growth. The demand for wireless cameras is on the rise since they can be easily linked to the existing home security system and are best for people moving residences regularly due to easy installation and dismantling. The availability of financial benefits from insurance companies for installing a monitored home security system will be a market booster. The high costs and privacy issues are two significant challenges hampering the market growth.
Smart home security cameras are indoor cameras that monitor the happenings in one's home through live or recorded video. These cameras have several features like alarms to send notifications when they detect activity, two-way audio, monitor babies, and even full-on home automation hubs. Generally, they can be checked from anywhere, using an app on the phone or a web browser. Most cameras use wi-fi, Bluetooth, or different home automation networking standards to interact with other devices. Most of these cameras use cloud services to store and offer remote access to the recorded footage. They operate on battery, wired, or solar power.
"Global Smart Home Security Cameras Market Report By Product (Wired, Wireless), By Application (Doorbell Camera, Indoor Camera, Outdoor Camera) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" is an elaborate report providing market data on the basis of segments and geography.
On the basis of product the market is segmented into Wired, Wireless. By application the smart home security cameras market is categorised as Doorbell Camera, Indoor Camera, Outdoor Camera. By geography the report is bifurcated into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. smart home security cameras is the dominating region. The data tables in this section depict the market estimate by market segment.
The Report Segments Global Smart Home Security Cameras Market -
- Doorbell Camera
- Indoor Camera
- Outdoor Camera
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
ADT, Vivint, Inc., SimpliSafe, Inc., Brinks Home Security, iSmart Alarm, Inc, Frontpoint Security Solutions, LLC, Skylinkhome, LiveWatch Security LLC, SAMSUNG, Protect America, Inc.
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