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 |
Wired was the largest segment with a revenue share of 55.68% in 2024. Horizon Databook has segmented the Germany smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2018 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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