Smart Security Cameras - EU-27
EU-27- Revenue in the Smart Security Cameras market is projected to reach US$1.8bn in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.42%, resulting in a projected market volume of US$2.7bn by 2029.
- In the Smart Security Cameras market, the number of active households is expected to amount to 36.5m users by 2029.
- Household penetration will be 14.5% in 2024 and is expected to hit 18.7% by 2029.
- The average revenue per installed Smart Home currently is expected to amount to US$63.16.
Definition:
Smart Security Cameras market encompasses advanced surveillance cameras equipped with features such as motion detection, subject recognition, and remote access via the internet or mobile applications. These devices connect to Wi-Fi networks and can be integrated into broader home automation systems, enabling real-time monitoring, automatic alerts, and cloud storage for recorded footage. Smart Security Cameras are equipped with built-in intelligence and communication capabilities, allowing them to interface seamlessly with automation equipment.This segment focuses specifically on the cameras themselves and excludes additional components like storage devices or monitoring services (see Control & Connectivity).
Additional Information:
The market comprises revenue, average revenue per smart home, number of smart homes, and household penetration rates. Sales figures are generated through both online and offline channels, emphasizing consumer (B2C) spending. Key players in this market include Arlo, Ring, Nest, Wyze, Blink, Eufy, SimpliSafe, TP-Link, Lorex, and other brands recognized for their innovative technology and reliability. For more information on the data displayed, use the info button next to the relevant boxes.
In-Scope
- Indoor Smart Cameras (e.g., Arlo Q, Google Nest Cam Indoor)
- Outdoor Smart Cameras (e.g., Ring Spotlight Cam, Wyze Cam Outdoor)
- Battery-operated Smart Cameras (e.g., Blink Outdoor, Reolink Go)
- Smart Doorbell Cameras (e.g., Ring Video Doorbell, Nest Hello)
Out-Of-Scope
- Traditional CCTV systems without smart features
- Standalone cameras without connectivity (e.g., analog cameras)
- Non-digital surveillance equipment (e.g., film cameras, motion detectors without video capabilities)
- Third-party monitoring services that do not integrate with smart cameras.
