Europe Smart Home Security Camera Market Size & Outlook
Europe smart home security camera market, 2016-2030 (US$M)
Related Markets
Europe smart home security camera market highlights
- The Europe smart home security camera market generated a revenue of USD 1,144.5 million in 2021.
- The market is expected to grow at a CAGR of 18.3% 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, Germany is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 1,144.5 million |
| Market revenue in 2030 | USD 5,201.1 million |
| Growth rate | 18.3% (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, Europe region accounted for 17.8% 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 55.6% in 2021. Horizon Databook has segmented the Europe smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 to 2030.
Emerging technologies and applications such as multi-dimensional perception, UHD, low light imaging, artificial intelligence, and cloud technology open new possibilities for the security industry. At the same time, millions of cameras and other security devices are being connected into networks, making the security industry in Europe a very important part of the future European IoT world.
The biggest reason for choosing theses cameras is that they can be operated both as rechargeable batteries or wired. The two main players in the world of video doorbells Nest and Ring are owned by Google and Amazon, respectively. This means that they tie in with the smart displays of both companies: Ring works brilliantly with Echo Shows and Echo Spots, while Nest Hello plays nicely with Google Home Hub.
One of the most popularly installed video doorbell cameras in Europe is presented by Google Nest. Nest Doorbell (Battery) is a rebranded and redesigned Nest Hello and there is also a wired version. The Nest enables users to answer the door from far away or set pre-defined responses, and if subscribed to the video plan, one can get recognition of specific people as well as detection of packages, animals, and vehicles.
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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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Europe smart home security camera market size, by country, 2016-2030 (US$M)
Europe Smart Home Security Camera Market Outlook Share, 2021 & 2030 (US$M)
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