North America Smart Home Security Camera Market Size & Outlook
North America smart home security camera market, 2016-2030 (US$M)
Related Markets
North America smart home security camera market highlights
- The North America smart home security camera market generated a revenue of USD 2,594.7 million in 2021.
- The market is expected to grow at a CAGR of 19.3% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 2,594.7 million |
| Market revenue in 2030 | USD 12,740.4 million |
| Growth rate | 19.3% (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, North America region accounted for 40.4% 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 54.02% in 2021. Horizon Databook has segmented the North America smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 to 2030.
The rise in property crimes and a desire for peace of mind, individuals are increasingly turning to smart home security cameras as an effective means to monitor and protect their homes. Moreover, advancements in technology have played a pivotal role in the popularity of smart home security cameras.
The integration of artificial intelligence and machine learning further enhances the capabilities of these cameras, enabling them to differentiate between routine activities and potential security threats, providing a more intelligent and efficient surveillance system. This corresponds to 30.2% of all households, placing North America as the most advanced smart home market in the world.
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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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North America smart home security camera market size, by country, 2016-2030 (US$M)
North America Smart Home Security Camera Market Outlook Share, 2021 & 2030 (US$M)
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