Security Cameras Market Analysis, Regional Outlook, Business Landscape 2027

 Market Overview

The security cameras market was marked at USD 4.87 billion in 2017, and it is expected to grow at a higher CAGR of 11% in the global during the forecasted period to account for a higher market share value of approximately USD 9.72 billion by the end of the forecasted period.

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Security Cameras Market   - Segmentation

The Security Cameras Market Growth has been segregated all across the globe based on the type, resolution, application, professional service, and end-user.

  • Based on the Type: The market has been divided all across the globe based on the type into wireless/IP camera, box security camera, point tilt & zoom (PTZ) camera, dome security camera, infrared (IR) bullet camera, and many others.
  • Based on the Resolution: The security cameras market has been divided all across the globe based on the resolution into non HD, full HD, and high definition (HD)
  • Based on the Application: The market has been divided all across the globe based on the application into outdoor security cameras and indoor security cameras.
  • Based on the Professional Service: The market has been divided all across the globe based on professional services into support service, maintenance service, deployment service, installation service, and consulting services.
  • Based on the End-Users: The market has been divided all across the globe based on the end-users into manufacturing facilities, industrial facilities, public space, commercial space, residential/home, and many others.

Security Cameras Market   - Regional Analysis

The market for security camera is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographic analysis of foldable display market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East & Africa, and South America). According to MRFR analysis, North America dominates the security camera market; this growth can be attributed to the presence of key electronic component manufacturers for the production of security surveillance cameras. These components include AC/DC controllers, SDRAM, the processor (SoC), media ports, sensors, and actuators. Some of the prominent players manufacture these components in-house, while others procure these components from third-party suppliers. Manufactures from China significantly contribute to the production in the Asia-Pacific. Apart from China, other prominent countries involved in the production are the US, Japan, Germany, India, and South Korea. Another major factor for the growth of security camera market in the US is the strong distribution network. In security cameras distribution and sale, the channel consists of intermediaries, direct selling, and others. This market focuses only on the end user related to the commercial and public spaces, industries, enterprises, homes, and apartments.

Key Players

The key players in the security cameras market Share are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Hangzhou Hikvision Digital Technology Co. Ltd (China), Motorola Solutions, Inc. (Motorola Home), Swann Communications Pty. Ltd (US), Shenzhen Leshi Video Tech. Co., Ltd (China), Arlo Technologies Inc. (US), ADT Inc. (US), FrontPoint Security Solutions, LLC (US), Vivint, Inc. (US), SimpliSafe, Inc. (US), and Panasonic Corporation (Japan). These players contribute significantly to market growth.

Apart from the top key players, the other players contributing nearly 40–45% in the Security Cameras Market are Ring LLC (US), Reolink Digital Technology Co., Ltd (China),  Godrej Security Solutions (Godrej & Boyce Mfg. Co. Ltd) (India), Nest Labs, Inc. (US), B & H Foto & Electronics Corp (US), Immedia Semiconductor, Inc. (US), Wyze Labs, Inc. (US), Amcrest (US), Comcast Corporation (Xfinity) (US), CPI Security Systems, Inc. (US), Xiaomi Corporation (China), Canary Connect, Inc. (US), Logitech International S.A (Switzerland), Zmodo Technology Corporation Ltd (China), Sony Corporation (Japan), Samsung Communications (South Korea), and Toshiba America Information Systems, Inc. (US).

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