Smart Home Security Camera Market Analysis, Size, Growth, Share & Forecast to 2027 | Grand View Research Inc.
The global smart home security cameras market size is anticipated to reach USD 11.89 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 15.7% over the forecast period. Rising prominence of security devices in smart homes for complete control and access of households through remote is generating higher demand for these security cameras. In addition, rising penetration of smart households across regions is paving way for these devices. Rapid growth in the smart home penetration across developed nations of America and Europe is positively impacting the demand for the devices. According to the European Commission in 2017, Europe Smart Home revenue is expected to reach USD 19 billion by 2021, through its massive markets in U.K. and Germany. Additionally, rising insecurity among homeowners is making them indulge in home security systems. According to a study by Fixr, in 2019, smart security systems are the smart home devices, of which 68% of people are familiar with and 53% are most likely to own in U.S. Increasing cases of burglary are also resulting in increased prominence of these technically driven home cameras for greater control of households. Rising number of crimes, including theft and burglary, has increased the prominence of security devices for smart households. According to the 2017 crime statistics released by the
FBI, approximately three burglaries occur every minute in U.S., making it the secondmost frequent crime after larceny-theft. Browse Details of Report @ https://www.grandviewresearch.com/industry-
analysis/smart-home-security-camera-market The indoor camera application segment held the largest share of 40.2% in 2019. Rising cases of theft, burglary, and intrusion are resulting in increased application of these security devices inside the households. According to a blog by Safewise, as of 21 April 2020, a burglary occurs every 26 seconds in U.S. Therefore, in order to access complete control over households throughout the day through remote access, consumers opt for indoor application of home security devices. Smart Home Security Camera Market Report Highlights
Based on product, the wired segment is likely to reach USD 6.56 billion by 2027
By application, doorbell camera is anticipated to reach USD 4.08 billion by 2027
Asia Pacific is expected to expand at the fastest CAGR of 16.3% from 2020 to 2027
Top players operating in the market include Vivint, Inc.; ADT; SimpliSafe, Inc.; Frontpoint Security Solutions, LLC; Brinks Home Security; iSmart Alarm, Inc.; LiveWatch Security LLC; Skylinkhome; Protect America, Inc.; and SAMSUNG.
Get Sample of Report @ https://www.grandviewresearch.com/industry-
analysis/smart-home-security-camera-market/request/rs1 Smart Home Security Camera Market Segmentation Grand View Research has segmented the global smart home security camera market by product, application, and region: Smart Home Security Camera Product Outlook (Revenue, USD Million, 2016 2027)
Wired
Wireless
Smart Home Security Camera Application Outlook (Revenue, USD Million, 2016 - 2027)
Doorbell Camera
Indoor Camera
Outdoor Camera
Smart Home Security Camera Regional Outlook (Revenue, USD Million, 2016 2027)
North America
U.S.
Europe
Germany
U.K.
Asia Pacific
China
India
Central & South America
Brazil
Middle East & Africa
List of Key Players of Smart Home Security Camera Market
Vivint, Inc.
ADT
SimpliSafe, Inc.
Frontpoint Security Solutions, LLC
Brinks Home Security
iSmart Alarm, Inc.
LiveWatch Security LLC
Skylinkhome
Protect America, Inc.
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SAMSUNG
Table of Content Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR’s Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Smart Home Security Camera Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis
3.4. Market Dynamics Continue……… About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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