Global
smart
home cameras market is anticipated to witness an exponential growth in
the forecast period. A smart home camera implies a stand-alone camera that
connects to the Internet. It can record and at the same time stream video
through the Internet Protocol (IP) network that is accessible remotely with the
help of smart gadgets including PCs (Desktops), smartphones and tablets, and
Laptops.
The
factors that propel the growth of the market include an increase in demand for
technologically progressive home security products, increasing consciousness of
the security needs, ease of installation of security cameras and the
introduction of new features in the cameras such as motion detection. On the
other hand, there are factors that may hamper the growth of the market
including issues related to app interface in smart home cameras market.
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The
market is anticipated to expand at a significant CAGR of 7.12% in the upcoming
period as the scope, product types, and its applications are increasing across
the globe. Acceptance of distribution channel expansion strategy is an emerging
trend in the smart home cameras market. The top vendors in the market are
assuming numerous strategies to expand their customer base. One of the most
vital strategies accepted by the vendors is the expansion of the distribution
channel. The demand for smart home cameras is rising owing to the increasing
acceptance of omnichannel strategy among the home security products
manufacturers.
Market
could be explored by product type, resolution type, services, application,
distribution channel, and geography. Market by product type comprise Dome
Security Camera, Bullet Security Camera, IP Security Camera. The “Dome
Security” segment led the market in 2017 and will continue to lead in the
forecast period.
The
key applications that could be explored in the market include Indoor
Application and Outdoor Application. The “Outdoor Security Camera” segment led
the market in 2017 and will continue to lead in the forecast period. Market
could be explored by distribution channel as online and offline.
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Market Segment:
The following manufacturers are covered
in this report:
•
Netgear
•
Panasonic Corporation
•
Robert Bosch
•
Hanwha Techwin
•
Huawei Technologies
Smart Home Cameras Breakdown Data by
Application
•
Outdoor Application
•
Indoor Application
Smart Home Cameras Production by Region
•
United States
•
Europe
•
China
•
Japan
•
South Korea
•
Other Regions
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