Asia-Pacific smart home security camera market is anticipated to showcase a CAGR of 15.0% during the forecast period. The rising security-related concern in the major economies of the region such as China, India, and Japan is encouraging the residents of the country to install such devices in their homes. With the rising security & comfort in homes need for smart homes has been increased considerably in the region. Smart homes are homes that are powered by devices and information technology that connects gadgets and instruments in the house to provide enhanced comfort, convenience, security & entertainment to the resident in a sustainable way.
A full report of Asia-Pacific Smart Home Security Camera Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-smart-home-security-camera-market
According to a survey, conducted by Schneider-India 78% of the customer (with a budget of $70,000 or above) want to go for Smart Homes. Almost every customer is aware of the security features of smart home & for about 51% of the total, security is the primary motivator for buying a smart home and so of this, there are huge possibilities for the market of home security appliances in India in coming years. The major companies dealing in the smart home security camera are Samsung Electronics Co., Ltd., CPRO Electronics Co., Ltd, Geo Vision Inc., Hitron Systems Inc., HI SHARP ELECTRONICS, CO., LTD. The use of these in-house security cameras can reduce the insurance premium by the remote monitoring of the individual’s home.
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Market Coverage
- The market number available for – 2019-2026-
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- By Product Type, Application
- Regions Covered- Asia-Pacific
- Competitive Landscape- Samsung Electronics Co., Ltd., CPRO Electronics Co., Ltd, Geo Vision Inc., Hitron Systems Inc., HI SHARP ELECTRONICS, CO., LTD., Hangzhou Hikvision Digital Technology Co., Ltd.
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Smart Home Security Camera Market report Segment
By Product Type
- Wired
- Wireless
By Application
- Doorbell Camera
- Indoor Camera
- Outdoor Camera
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