Middle East & Africa Smart Home Security Camera Market Size & Outlook
Middle East & Africa smart home security camera market, 2016-2030 (US$M)
Related Markets
MEA smart home security camera market highlights
- The MEA smart home security camera market generated a revenue of USD 312.3 million in 2021.
- The market is expected to grow at a CAGR of 11% 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.
MEA data book summary
| Market revenue in 2021 | USD 312.3 million |
| Market revenue in 2030 | USD 800.7 million |
| Growth rate | 11% (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, MEA region accounted for 4.9% 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 54.63% in 2021. Horizon Databook has segmented the Middle East & Africa smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 to 2030.
The Middle East and Africa have been observing an increasing demand for goods and services, which can be attributed to the rising income levels among all socioeconomic classes. The population in several African countries has also been on a rise; Nigeria, Ethiopia, the Democratic Republic of Congo, Egypt, Tanzania, Kenya, and South Africa will soon account for half of Africa's population, with 43% of Africans living in these seven countries.
Higher population rates and growing socioeconomic status bode well for the smart home security cameras market. Security cameras in the Middle East and Africa are required to be durable enough to survive the countries' harsh weather conditions. The IP rating is a standard to define whether an electronic device is qualified to work in hazardous locations, like in a desert region.
One must not consider any rating lower than IP65 to deal with powerful sandstorms. According to CNET, Arlo Pro 4 is the best outdoor security camera. It has a 2K resolution, a 160-degree field of view, two-way talking feature, full-color night vision, and a built-in siren and spotlight, apart from being compatible with Amazon Alexa, Google Assistant, and Apple HomeKit.
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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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Middle East & Africa smart home security camera market
Middle East & Africa Smart Home Security Camera Market Outlook Share, 2021 & 2030 (US$M)
Middle East & Africa smart home security camera market
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