Smart Home Security Camera Market Size is projected to reach USD 30.38 Billion by 2030, growing at a CAGR of 18.67%: Straits Research – GlobeNewswire

| Source: Straits Research Straits Research
Pune, INDIA
New York, United States, Sept. 22, 2022 (GLOBE NEWSWIRE) — Real-time alerts, motion detection, video monitoring, analytics, and fire and life safety protection are just a few of the benefits of smart home security systems over traditional ones. It enables footage to be uploaded to the Cloud for storage, removing the need for a potentially complex on-site storage solution. The client’s preference for creative and cutting-edge technologies has increased the market for smart home security cameras. The modern technology of smart home security cameras offers numerous advantages, allowing them to be utilized for various household applications.


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Enhanced Real-Time Connectivity and Security and Increasing Number of Smart Homes Drives the Global Market
Smart home security cameras’ availability and ease of installation influence their demand. Doorbell, indoor, and outdoor cameras are outfitted with purpose-specific functionality by smart home security camera manufacturers. As a result, smart home security cameras are in higher demand. The expansion of smart homes is a crucial factor driving the home security camera industry. All home security systems are compatible with security cameras. In addition, the introduction of IoT is a significant market driver for home security cameras. Recent IoT sensing technology advancements will benefit the smart home security cameras market.
Growing Awareness of Safety and Security Creates Tremendous Opportunities
The home security camera is a low-cost security solution that can provide the highest level of protection. As people become more aware of security measures against theft and unauthorized access, the market for home security cameras will grow faster. Artificial intelligence and machine learning will affect the home security camera market positively. Security cameras equipped with artificial intelligence can identify the face of the homeowner and any intruder. The industry’s revenue for home security cameras will rise due to these market expansion prospects.
 
Report Scope
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Regional Analysis
North America is the most important region in the global smart home security camera market. Security cameras are the most effective deterrents against break-ins, according to a study conducted by the University of North Carolina at Charlotte, with 50% of respondents stating they would abandon their attempts if they noticed a camera. Asia-Pacific is anticipated to grow at a significant CAGR during the forecast period.


Key Highlights


The global smart home security camera market’s major key players are


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Global Smart Home Security Camera Market: Segmentation
By Product
By Applications
By Regions


TABLE OF CONTENT


Table of Content and Figure @ https://straitsresearch.com/report/smart-home-security-camera-market/toc 


Market News


News Media
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About Straits Research Pvt. Ltd.
StraitsResearch is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.
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