Europe Smart Home Security Cameras Market By Application (Doorbell Camera, Indoor Camera and Outdoor Camera), By Product (Wired and Wireless), By Country, Industry Analysis and Forecast, 2020 - 2026
The Europe Smart Home Security Cameras Market would witness market growth of 16.1% CAGR during the forecast period (2020-2026).
The rising significance of security concerns is alsa key factor that is expected tboost growth in demand for smart and wired homes over the forecast period. The introduction of innovative wireless technologies, including HVAC Controllers, Security, and Access Regulators and Entertainment Controls, is expected tstimulate market growth. The real estate industry is expected texperience growth due tthe growing demand for smart & connected homes and home automation systems that form an important part of smart homes.
The rise in the need for push-button control, energy preservation, shifting demographic preferences, and the need tprotect the global environment from polluting effluents like greenhouse gasses and toxic waste is anticipated toccur in significant market growth. High-end devices coupled with technologically advanced features such as IP and Bluetooth account for a large proportion of the global population of unaffordable hardware, which in turn is projected tboost demand.
Increasing numbers of smart cities in several countries around the world are increasing demand for safety and surveillance products in the market. In addition, rapid urbanization has resulted in a growing number of residents residing in multi-storeyed buildings owing tspace constraints. This, in turn, fuels the need for robust smart security systems. In addition, the increasing proliferation of cloud-based technology has resulted in a higher preference for smart home security cameras, focused on centralized home gateway control, as data has moved tcloud networks.
Based on Application, the market is segmented intDoorbell Camera, Indoor Camera and Outdoor Camera. Based on Product, the market is segmented intWired and Wireless. Based on countries, the market is segmented intGermany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Godrej Group (Godrej Security Solutions), Samsung Electronics Co., Ltd. (Samsung Group), ArlTechnologies, Inc., Vivint Smart Home, Inc., ADT, Inc. (ApollGlobal Management, Inc.), SimpliSafe, Inc., Protect America, Inc., FrontPoint Security Solutions, LLC, Skylinkhome Technologies, Inc., and iSmart Alarm, Inc.
Scope of the Study
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