India Smart Home Security Camera Market Size & Outlook
India smart home security camera market, 2018-2030 (US$M)
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India smart home security camera market highlights
- The India smart home security camera market generated a revenue of USD 214.8 million in 2021 and is expected to reach USD 1,161.7 million by 2030.
- The India market is expected to grow at a CAGR of 20.6% 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 214.8 million |
| Market revenue in 2030 | USD 1,161.7 million |
| Growth rate | 20.6% (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, India accounted for 3.3% 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 55.31% in 2024. Horizon Databook has segmented the India smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2018 to 2030.
According to Forbes data, in 2021, Delhi had the highest number of surveillance cameras installed, with 1,826.6 cameras per square miles, followed by Chennai and Mumbai. In the aforementioned category, Delhi has been observed to outshine London, Singapore, Moscow, and New York.
This presents the home security cameras market in India with strong growth prospects. With so many different types of CCTV cameras in the market, there are now a variety of solutions for every industry. As a result of this wide range, it can be difficult to choose the right CCTV camera for residential purposes.
The most popular kind of surveillance cameras installed in India are Dome CCTV Cameras, Bullet CCTV Cameras, C-Mount CCTV Cameras, PTZ Pan Tilt & Zoom Cameras, Day/Night CCTV Cameras, Infrared/Night Vision CCTV Cameras, Network/IP CCTV Cameras, Wireless CCTV Cameras, and High Definition (HD) CCTV Cameras.
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Smart Home Security Camera Market Scope
Smart Home Security Camera Market Companies
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India smart home security camera market size, by technology, 2018-2030 (US$M)
India Smart Home Security Camera Market Outlook Share, 2024 & 2030 (US$M)
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