Smart Home Security Camera Market Size Analysis and Top Companies
The global smart home security camera market size is projected to surpass around USD 51.15 billion by 2033 from USD 8.81 billion in 2023, expanding at a solid CAGR of 19.23% between 2023 and 2033. The top companies in the smart home security camera market are Vivint Smart Home, Inc., ADT Inc., SimpliSafe, Inc., Brinks Home Security, Xiaomi Inc., Skylinkhome, Protect America, Inc., Samsung Electronics Co, Ltd., Frontpoint Security Solution, LLC, Arlo Technologies, Inc., Nest Labs, Wyze Lab, Inc., blink, eufy (Anker Innovations), Ring LLC, and Others.
Market Report Coverage
| Report Attributes |
Details |
| Market Size by 2033 |
USD 51.15 Billion |
| Market Size in 2023 |
USD 8.81 Billion |
| Market Growth Rate from 2023 to 2033 |
CAGR of 19.23% |
| Largest Market |
North America |
| Base Year |
2023 |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Technology, Application, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
Smart Home Security Camera Lead Manufacturers
- Vivint Smart Home, Inc.
- ADT Inc.
- SimpliSafe, Inc.
- Brinks Home Security
- Xiaomi Inc.
- Skylinkhome
- Protect America, Inc.
- Samsung Electronics Co, Ltd.
- Frontpoint Security Solution, LLC
- Arlo Technologies, Inc.
- Nest Labs
- Wyze Lab, Inc.
- blink
- eufy (Anker Innovations)
- Ring LLC
Latest Announcement by Market Leaders
- In May 2024, Samsung Electronics Co., Ltd. announced that it has agreed to form a joint venture with Lennox, a leading provider of cutting-edge climate solutions in the HVACR industry, to sell ductless HVAC systems in the United States and Canada.
- In October 2024, Arlo Technologies, Inc., a leading smart home security brand, announced that it had made equity grants to new employees under its 2018 Equity Incentive Plan by NYSE Rule 303A.08.
Recent Developments
- In September 2023, Eufy Security, the smart home security brand introduced a series of dual-camera devices, establishing the world's first home surveillance mesh powered by local AI. The state-of-the-art lineup included cameras with wide-angle and telephoto lenses, increasing the surveillance abilities of the devices.
- In June 2023, Xiaomi launched a smart security camera with night vision and an intercom. The Xiaomi Outdoor Camera AW300 has a set of security features. Its two bright white and infrared lights allow for efficient full-color night vision. Even in complete darkness, this advanced function produces clear and detailed visuals.
- In July 2022, Xiaomi Inc. strengthened its home security offerings by launching the 360-degree Home Security Camera 1080p 2i. This advanced camera boasts an extensive range of features designed to offer enhanced protection and surveillance.
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