China Smart Home Security Camera Market Size & Outlook
China smart home security camera market, 2016-2030 (US$M)
Related Markets
China smart home security camera market highlights
- The China smart home security camera market generated a revenue of USD 1,032.6 million in 2021 and is expected to reach USD 5,380.1 million by 2030.
- The China market is expected to grow at a CAGR of 20.1% 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.
Smart home security camera market data book summary
| Market revenue in 2021 | USD 1,032.6 million |
| Market revenue in 2030 | USD 5,380.1 million |
| Growth rate | 20.1% (CAGR from 2021 to 2030) |
| Largest segment | Wired |
| Fastest growing segment | Wireless |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 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, China accounted for 16.1% of the global smart home security camera market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart home security camera market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,161.7 million by 2030.
Wired was the largest segment with a revenue share of 55.43% in 2021. Horizon Databook has segmented the China smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 to 2030.
China is home to some of the world’s largest makers of video surveillance products, such as Hikvision, Huawei, and Dahua. According to an article posted on First Post, in 2023, China has 700 million surveillance cameras installed in 2023 an estimated one camera for every 2 people.
China has built a vast surveillance state that utilizes cameras powered by facial recognition software, including cameras perched on streets, buildings, and lampposts that can recognize and identify individual faces.
Chinese tech companies supply artificial intelligence surveillance technology to 63 countries. Of those, 36 have signed onto China’s massive infrastructure project called the Belt and Road Initiative, according to a September report by the Carnegie Endowment for International Peace, a Washington D.C.-based think tank.
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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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China smart home security camera market size, by technology, 2016-2030 (US$M)
China Smart Home Security Camera Market Outlook Share, 2021 & 2030 (US$M)
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