Global Security Camera Market 2024-2028
The security camera market is forecasted to grow by USD 2.85 bn during 2023-2028, accelerating at a CAGR of 10.1% during the forecast period. The report on the security camera market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of video analytics helpful for surveillance video analyses, frequent launch of security cameras, and facial recognition technology in security camera.
Technavio's security camera market is segmented as below:
By Technology
By Product Type
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing adoption of IoT and smart homes as one of the prime reasons driving the security camera market growth during the next few years. Also, 4k security camera in high demand and wireless security cameras gaining traction will lead to sizable demand in the market.
The report on the security camera market covers the following areas:
- Security camera market sizing
- Security camera market forecast
- Security camera market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading security camera market vendors that include ADT Inc., Amazon.com Inc., Arlo Technologies Inc., Canon Inc., Cisco Systems Inc., Costar Technologies Inc., CP PLUS International, DW, Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Vision America, Honeywell International Inc., Johnson Controls International Plc, JVCKENWOOD Corp., Motorola Solutions Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Schneider Electric SE, Simplisafe Inc., Sony Group Corp., Teledyne Technologies Inc., Vicon Industries Inc., Xiaomi Communications Co. Ltd., Zhejiang Dahua Technology Co. Ltd., and Vosker. Also, the security camera market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.