Asia Pacific Smart Home Security Camera Market Size & Outlook
Asia Pacific smart home security camera market, 2016-2030 (US$M)
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Asia Pacific smart home security camera market highlights
- The Asia Pacific smart home security camera market generated a revenue of USD 1,904.4 million in 2021.
- The market is expected to grow at a CAGR of 20% from 2022 to 2030.
- In terms of segment, wired was the largest revenue generating technology in 2021.
- Wireless is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 1,904.4 million |
| Market revenue in 2030 | USD 9,818.1 million |
| Growth rate | 20% (CAGR from 2021 to 2030) |
| Largest segment | Wired |
| Fastest growing segment | Wireless |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wired, Wireless |
| Key market players worldwide | Xiaomi Corp Class B, Samsung Electronics Co Ltd, Arlo Technologies Inc, Amazon.com Inc, ADT Inc, Brinks Home Security, Anker Innovations, Vivint Smart Home, SimpliSafe, SkylinkHome, Nest Labs, Wyze Labs |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.7% of the global smart home security camera market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,818.1 million by 2030.
Wired was the largest segment with a revenue share of 55.32% in 2021. Horizon Databook has segmented the Asia Pacific smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 to 2030.
Asia is the largest manufacturing base of home security cameras and surveillance kits, with hundreds of competing suppliers. For these suppliers, the major export markets for smart home security cameras and surveillance kits are areas with well-developed network infrastructures, such as Europe and the U.S. Home security cameras require network connectivity and easy-to-use software, in addition to reliable hardware.
Furthermore, in Asia, smart home security cameras come at an inexpensive rate and are quite handy. They are mostly small cameras that can be placed anywhere but offer a wide 360-degree view of the surroundings. The best smart home security cameras feature full HD video recording, night vision, built-in alarms, and motion detection.
According to Business Insider, the most popular smart home security camera in Asia is the Mi 360° Home Security Camera. It comes with a 20-megapixel camera that offers a 360-degree all-round vision and in 1080p (Full HD) resolution. According to Xiaomi, the security camera can cover even distant backgrounds clearly and in detail.
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Smart Home Security Camera Market Scope
Smart Home Security Camera Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific smart home security camera market size, by country, 2016-2030 (US$M)
Asia Pacific Smart Home Security Camera Market Outlook Share, 2021 & 2030 (US$M)
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