Global Home Surveillance Market is currently valued at USD 17,079.85 million in 2024 and is anticipated to generate an estimated revenue of USD 50,011.84 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 14.4% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Market Overview:
The home surveillance market is witnessing robust growth as consumers increasingly prioritize security and automation in their homes. Home surveillance systems, including cameras, sensors, and video management software, play a critical role in protecting properties and ensuring the safety of residents.
With advancements in technology, modern home surveillance solutions now offer features like high-definition video recording, artificial intelligence (AI)-powered analytics, cloud storage, and real-time monitoring through mobile devices. The market is further driven by the growing adoption of smart home technologies and the increasing integration of Internet of Things (IoT) devices, making home surveillance systems more accessible and efficient than ever before.
Market’s Growth Drivers:
Rising Concerns About Home Security
The growing number of burglary incidents and security threats has led to an increased demand for reliable and advanced home surveillance solutions. Consumers are investing in systems that offer round-the-clock monitoring and rapid threat detection.
Increasing Adoption of Smart Homes
As smart home technology becomes more mainstream, home surveillance systems are being seamlessly integrated with other smart devices, offering enhanced control and automation for users.
Advancements in Surveillance Technology
Innovations such as AI-powered facial recognition, motion detection, and night vision have improved the effectiveness of home surveillance systems, making them a preferred choice for modern homeowners.
Growing Availability of Affordable Solutions
The falling costs of hardware and cloud-based video storage services have made advanced home surveillance systems more accessible to a wider audience, driving market growth.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/home-surveillance-market/request-for-sample
List of Key Companies in Home Surveillance Market:
- Honeywell International Inc.
- Huawei Technologies Co., Ltd.
- KENT Cam Technologies
- Koninklijke Philips N.V.
- Legrand Group
- MOBOTIX
- Motorola Solutions, Inc.
- netvue
- NRG Energy, Inc.
- Panasonic Holding Corporation
- Ring
- Robert Bosch GmbH
- SAMSUNG
- Schneider Electric
- Scout Security Inc
- Secureye.com
- Shenzhen Sunell Technology Corporation
- SimpliSafe, Inc.
- SkyBell Technologies Inc.
- Tiandy Technologies Co., Ltd.
Recent Developments in the Home Surveillance Industry:
- June 2024: CP PLUS Launches Solar-Powered AI-Enabled 4G Cameras
CP PLUS introduced a new range of solar-powered cameras equipped with artificial intelligence and 4G connectivity. These advanced cameras are designed to deliver superior security solutions for both residential and commercial applications while leveraging sustainable energy sources. - April 2024: Qubo Unveils InstaView Video Door Phone
Qubo launched the Qubo InstaView Video Door Phone, combining the features of the Video Doorbell Pro with the Qubo Home Tab. This innovative integration enhances home security and convenience, offering homeowners a comprehensive monitoring solution. - May 2024: Arlo Technologies Renews Partnership with Verisure
Arlo Technologies, Inc. extended its strategic partnership with Verisure, a leading provider of monitored security solutions in Europe. This renewed agreement aims to strengthen their collaboration in delivering advanced home surveillance systems to the European market.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The Home Surveillance Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.
Home Surveillance Market, Product Type Outlook (Revenue – USD Million, 2019-2032)
- Security Cameras
- Video Doorbells
- Smart Locks
- NVRs/DVRs
Home Surveillance Market, Application Outlook (Revenue – USD Million, 2019-2032)
- Independent Homes
- Apartments
Home Surveillance Market, Distribution Channel Outlook (Revenue – USD Million, 2019-2032)
- Security Equipment Retailers
- Online E-Commerce Sites
Home Surveillance Market, Category Outlook (Revenue – USD Million, 2019-2032)
- UP to 2 KW
- 2 KW to 10 KW
- 10 to 50 KW
The home surveillance market is on a rapid growth trajectory, driven by advancements in technology, rising security concerns, and the increasing adoption of smart home ecosystems. With features like AI integration, cloud-based storage, and wireless capabilities, home surveillance systems are becoming indispensable tools for homeowners seeking peace of mind and enhanced safety. As the market continues to evolve, it is expected to play a pivotal role in shaping the future of residential security.