Utilization of surveillance camera is widely seen in workplaces and stores for quite a while, but security has turned out to be the foremost concern in the residential spaces also. Likewise, with the headways in wireless innovations, surveillance and security camera solutions have additionally progressed. The home security camera is a kind of surveillance camera which is installed outside or inside a building or house for monitoring activities happening in both the inner and outer premises. There are different types of cameras including wireless camera, dome camera, IP camera, and PTZ camera which helps the users in monitoring and controlling the camera through the help of their smartphones. The home security cameras are widely available with varieties of sizes, specifications, and resolution, but their chief function is to store and capture a video due to security reasons. The global home security camera market is projected to reach the value of USD 1,306.3 Million by 2023.
The main factors propelling the growth of the home security camera market are easy installation process of surveillance cameras and the expanding consciousness of security needs. Presentation of new features, for example, movement detection and identification with instant message alarms and remote view on cell phones have highly influenced the home security camera market and its growth.
The global home security camera market is divided on the basis of its resolution, type, product, and services. On the basis of its product, the market is again segmented into the bullet security camera, dome security camera, IP security camera, PTZ security camera, thermal security camera, and others.
On the basis of its type, the global market is classified into an indoor and outdoor security camera. Based on its resolution, the market is further bifurcated into HD and non-HD. On the basis of its services, the market divided into professional and managed services. Lastly, based on its geographical demand, the global home security camera market is divided into regions like North America, Asia Pacific, Europe, and Rest of the world.
The major players in the global home security camera market are Motorola Home (U.S.), Hangzhou Hikvision Digital Technology Co. Ltd (China), Shenzhen Leshi Video Tech. Co., Ltd (China), ADT Security Services (U.S.), Netgear, Inc. (U.S.), FrontPoint Security Solutions, LLC (U.S.), among others.