Germany Smart Home Security Camera Market Size & Outlook
Germany smart home security camera market, 2016-2030 (US$M)
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Germany smart home security camera market highlights
- The Germany smart home security camera market generated a revenue of USD 289.7 million in 2021 and is expected to reach USD 1,412.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 19.2% 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 289.7 million |
| Market revenue in 2030 | USD 1,412.6 million |
| Growth rate | 19.2% (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, Germany accounted for 4.5% 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 Europe, Germany smart home security camera market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,412.6 million by 2030.
Wired was the largest segment with a revenue share of 55.68% in 2021. Horizon Databook has segmented the Germany smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 to 2030.
The increasing demand for smart home security solutions in Germany is evident from several surveys. According to a Bitkom survey conducted by the digital association, consumers in Germany are embracing a diverse array of applications for smart home technologies.
The number of surveillance cameras in use is expanding around the world to allow governments to have better control over their jurisdiction. Germany had 5.2 million cameras as of 2023. Home security is a major concern in Germany, where burglary rates have been rising over the past couple of years.
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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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Germany smart home security camera market size, by technology, 2016-2030 (US$M)
Germany Smart Home Security Camera Market Outlook Share, 2021 & 2030 (US$M)
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