+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Smart Home Security Cameras Market Size, Share & Trends Analysis Report by Product (Wired, Wireless), by Application (Indoor Camera, Doorbell Camera, Outdoor Camera), by Country, and Segment Forecasts, 2021-2028

  • PDF Icon

    Report

  • 146 Pages
  • December 2021
  • Region: North America
  • Grand View Research
  • ID: 5513922
The North America smart home security cameras market size is expected to reach USD 7.88 billion by 2028, according to the report. It is expected to expand at a CAGR of 17.4% from 2021 to 2028. Latest innovations and technological advancements are driving the industry toward safety as well as sustainability. For instance, competitors Ring and Arlo Technologies both offer eco-friendly doorbells that are solar-powered, enabling it to charge its battery without the usage of power.





Furthermore, with an increase in the number of customers purchasing a variety of products through online platforms, a rising number of companies have been selling their products online to reach a larger consumer base. E-commerce plays an important role in the distribution of smart home security cameras since it accounts for a large portion of the market revenue. Online sale channels allow consumers to explore millions of goods in one location without having to physically visit retail stores.

Security camera installation is more common in offices and shops, but recent times have seen a rise in home security camera installations as well. Security cameras have evolved substantially in the last decade. There are two types of cameras: HD cameras are used for domestic purposes while IP (networking) cameras are mostly installed in factories and enterprise settings. According to a survey conducted by Bosch, which launched a smart-home portfolio in 2019, 59% of homeowners value peace of mind that a smart home offers, 44% would like to be able to control their home while on a holiday, and 68% are attracted to the potential energy saving that they can make with smart home facilities. In another study conducted by Intel, seven in ten consumers expected smart homes to become as common as smartphones within the next decade.

Smart doorbell cameras rank high in popularity compared to other home appliance devices - the fourth most popular of all smart appliance technology. In the survey, it was found that Ring was the most popular smart doorbell brand in overall aspects, and has been cited nearly 50% more often than the next brand. Moreover, customers save more video for longer than they can with a wired system because most wireless cameras use cloud storage. Customers must pay a premium for some cloud services that give up to 60 days of footage. Wireless cameras are also an excellent option for renters because they are simple to set up and remove. Their adaptability makes them a suitable choice for customers who believe they may need to reposition the cameras in the future.

The COVID-19 pandemic has brought about a seismic shift in people’s attitudes toward wellness and security. The industry has been witnessing a few pivoting factors determining consumers’ spending on security devices i.e., working from home, conducting purchases through online platforms, and additional spending leeway realized from not having any outdoor leisure and travel expenditures.

Moreover, as consumers spend more time working, entertaining, and learning from home, they have recognized the importance of security devices to keep their homes safe and secure. With new products entering the market, consumers have more options to choose from, allowing them to choose between DIY or professionally monitored home security cameras that fit their personal needs.

North America Smart Home Security Cameras Market Report Highlights

  • Based on product, the wired camera segment accounted for the largest revenue share of over 50.0% in 2020. Wired security cameras are more secure, less expensive, and highly reliable because they can run on battery power
  • By application, the indoor camera segment dominated the market with a share of over 35.0% in 2020. An increase in the number of theft and burglary cases, which has raised public awareness regarding the importance of protecting one's house from criminal activity, is driving demand
  • The U.S. market held the largest revenue share of over 90.0% in 2020. In January 2021, according to The Ambient, with a penetration rate of 32.4% and an estimated total of 41.3 million smart homes, smart home popularity statistics show that Americans favor home automation devices more than other countries
Frequently Asked Questions about the North American Smart Home Security Cameras Market

What is the estimated value of the North American Smart Home Security Cameras Market?

The North American Smart Home Security Cameras Market was estimated to be valued at $2.49 Billion in 2021.

What is the growth rate of the North American Smart Home Security Cameras Market?

The growth rate of the North American Smart Home Security Cameras Market is 17.4%, with an estimated value of $7.88 Billion by 2028.

What is the forecasted size of the North American Smart Home Security Cameras Market?

The North American Smart Home Security Cameras Market is estimated to be worth $7.88 Billion by 2028.

Who are the key companies in the North American Smart Home Security Cameras Market?

Key companies in the North American Smart Home Security Cameras Market include Vivint Smart Home, Inc., ADT LLC, SimpliSafe, Inc., Brinks Home Security, iSmart Alarm, Inc., LiveWatch Security LLC, Skylinkhome, Protect America, Inc. and Frontpoint Security Solutions, LLC.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Product Outlook
2.3. Application Outlook
2.4. Country Outlook
2.5. Competitive Insights
Chapter 3. North America Smart Home Security Camera Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Retail Chain Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Driver Impact Analysis
3.4.2. Restraint Impact Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter’s
3.6. Roadmap of North America Smart Home Security Camera
3.7. Market Entry Strategies
3.8. Impact of COVID-19 on the North America Smart Home Security Camera
3.9. Video Surveillance Service Trends in the Residential Sector
3.9.1. New Product/Service Development
3.9.2. Consumer Preference for Video Surveillance Service
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. North America Smart Home Security Camera: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2020 & 2028
5.2. Wired
5.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.3. Wireless
5.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 6. North America Smart Home Security Camera: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2020 & 2028
6.2. Doorbell Camera
6.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.3. Indoor Camera
6.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.4. Outdoor Camera
6.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 7. North America Smart Home Security Camera: Country Estimates & Trend Analysis
7.1. Country Movement Analysis & Market Share, 2020 & 2028
7.2. North America
7.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.2.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.2.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.2.4.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.2.4.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million)
7.2.5. Canada
7.2.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.2.5.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.2.5.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2020
Chapter 9. Company Profiles
9.1. Vivint Smart Home, Inc.
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. ADT LLC
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. SimpliSafe, Inc.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Brinks Home Security
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. iSmart Alarm, Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. LiveWatch Security LLC
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Skylinkhome
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Protect America, Inc.
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. SAMSUNG ELECTRONICS CO., LTD.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Frontpoint Security Solutions, LLC
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
9.11. Arlo Technologies, Inc.
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
9.12. Nest Labs
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Strategic Initiatives
9.13. Wyze Labs, Inc.
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Strategic Initiatives
9.14. blink
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Strategic Initiatives
9.15. eufy
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Strategic Initiatives
9.16. Ring LLC
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking
9.16.4. Strategic Initiatives
List of Tables
1. North America smart home security camera market - Driving factor market analysis
2. Percentage of condos, single-family homes, and multi-family homes classified as “Smart” as of December 2019
3. Smart home security camera market - Restraint factor market analysis
4. Doorbell camera features preferred by consumers, 2019
5. North America wired smart home security cameras market estimates and forecast, 2016 - 2028 (USD million)
6. North America wireless smart home security cameras market estimates and forecast, 2016 - 2028 (USD million)
7. North America smart home security cameras market estimates and forecast, for doorbell camera, 2016 - 2028 (USD million)
8. North America smart home security cameras market estimates and forecast, for indoor camera, 2016 - 2028 (USD million)
9. North America smart home security cameras market estimates and forecast, for outdoor camera, 2016 - 2028 (USD million)
10. North America smart home security cameras market estimates and forecast, 2016 - 2028 (USD million)
11. North America smart home security camera market estimates and forecast, by product, 2016 - 2028 (USD Million)
12. North America smart home security camera market estimates and forecast, by application, 2016 - 2028 (USD Million)
13. U.S. smart home security cameras market estimates and forecast, 2016 - 2028 (USD million)
14. U.S. smart home security camera market estimates and forecast, by product, 2016 - 2028 (USD Million)
15. U.S. smart home security camera market estimates and forecast, by application, 2016 - 2028 (USD Million)
16. Canada smart home security camera market estimates and forecast, 2016 - 2028 (USD Million)
17. Canada smart home security camera market estimates and forecast, by product, 2016 - 2028 (USD Million)
18. Canada smart home security camera market estimates and forecast, by application, 2016 - 2028 (USD Million)
19. Company Categorization
20. Key company share analysis, 2020 (Revenue)
List of Figures
1. North America smart home security camera market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. North America smart home security camera market - Product growth
7. North America smart home security camera market – Value chain analysis
8. U.S. crime rates per 100,000 people, 2019
9. Global smart homes market revenue, 2015 - 2025 (USD Million)
10. Reasons for not placing cameras in homes, by generation, 2019
11. North America smart home security market: Porter's Five Forces Analysis
12. Roadmap of North America Smart Home Security Camera Market
13. Factors affecting the buying decision
14. North America smart home security camera market: Product share (%) analysis, 2020 & 2028
15. North America smart home security camera market: Application share (%) analysis, 2020 & 2028
16. North America smart home security camera market: Country movement analysis, 2020 & 2028
17. North America smart home security camera market: Company market share (%), 2020

Companies Mentioned

  • Vivint Smart Home, Inc.
  • ADT LLC
  • SimpliSafe, Inc.
  • Brinks Home Security
  • iSmart Alarm, Inc.
  • LiveWatch Security LLC
  • Skylinkhome
  • Protect America, Inc.
  • SAMSUNG ELECTRONICS CO. LTD.
  • Frontpoint Security Solutions, LLC
  • Arlo Technologies, Inc.
  • Nest Labs
  • Wyze Labs, Inc.
  • blink
  • eufy
  • Ring LLC

Methodology

Loading
LOADING...