Market revenue in 2021 | USD 244.6 million |
Market revenue in 2030 | USD 1,161.5 million |
Growth rate | 18.9% (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 55.85% in 2021. Horizon Databook has segmented the UK smart home security camera market based on wired, wireless covering the revenue growth of each sub-segment from 2016 to 2030.
The increasing awareness of the importance of home security along with rising concerns about burglary, vandalism, and other security threats, homeowners are actively seeking ways to enhance the safety of their residences. Smart home security cameras offer a modern and convenient solution, allowing users to monitor their homes in real-time and receive alerts in case of suspicious activities.
Google Nest offers a range of indoor and outdoor smart security cameras with intelligent features that can adapt to changing needs. These cameras provide features such as motion detection, event-based recording, HDR video, night vision, and compatibility with the Google Home app. Blink offers indoor plug-in smart security cameras that are compact and affordable.
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