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 |
Wired was the largest segment with a revenue share of 55.31% in 2021. Horizon Databook has segmented the India smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 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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