Security Cameras Market Share, Growth Factors, Comprehensive Research 2027

 Security cameras monitor suspicious and unwanted activity in commercial, residential, and industrial complexes. Its cost-efficiency and easy installation as well as providing a sense of peace to residents can drive its adoption. The global security cameras market report by Market Research Future (MRFR) offers readers an unbiased view of the industry while providing insights on latest developments and trends. The COVID-19 outbreak has led to re-estimation of size and growth projections for the period of 2019 to 2024 (forecast period).

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Market Scope

The global Security Cameras Market Trends was valued at USD 4.87 billion in 2017 and is expected to reach USD 9.72 million by the end of the forecast period  at a CAGR of 11%.

Regional Analysis

The market was dominated by North America occupying the highest market share, followed by Europe, and Asia-Pacific. There has been significant growth in commercial and residential security in countries such as India and China. At present, China has the highest number of surveillance cameras in the world which makes the region lucrative for various firms provide security cameras.

Segmentation

The global security cameras market has been segmented by type, application, resolution, professional service, and end-user.

By type, the security cameras market has been segmented into box security camera, infrared (IR) bullet camera, wireless/IP camera, dome security camera, point tilt & zoom (PTZ) camera, and other cameras.

By application, the security cameras market has been divided into indoor security cameras and outdoor security cameras.

By resolution, the security cameras market has been segmented into high definition (HD) & full HD, and non HD.

By professional service, the security cameras market has been segmented into maintenance and support service, consulting service, and installation and deployment service.

By end-user, the security cameras market has been segmented into industrial/manufacturing facilities, residential/home, commercial/public space, and others.

Competitive Outlook

Swann Communications Pty. Ltd, Panasonic Corporation, SimpliSafe, Inc., ADT Inc., Motorola Solutions, Inc., FrontPoint Security Solutions, LLC, Vivint, Inc., Shenzhen Leshi Video Tech. Co., Ltd, Arlo Technologies Inc, and Hangzhou Hikvision Digital Technology Co. Ltd are key players of the global security cameras market.

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