Market Highlights:
Home security cameras are available in a variety of sizes and exhibit varying degrees of image quality, but their primary function is to provide a video image of what is happening in and around the house. The growing technological advancements in public and private infrastructure has propelled the demand for connected safety and solutions. The growing demand for IP based surveillance cameras is owing to the features being offered such as high-resolution image quality, improved vision, protect valuable assets, and minimize risks associated with criminal activity.

Home security cameras are available in a wide variety of specifications, sizes, and resolution, but their prime function is to capture and store a video for security purpose. Home security cameras help to monitor the activities in the house as well as around the house. Major factors driving the home security camera market are ease of installation of security cameras and the increasing awareness of the security needs. Introduction of new features such as motion detection with text message alerts and remote view on mobile devices has transformed the scenario of Home Security Camera Market.

Major Key Players:
• Hangzhou Hikvision Digital Technology Co. Ltd (China)
• Motorola Home (U.S.)
• Shenzhen Leshi Video Tech. Co., Ltd (China)
• Netgear, Inc. (U.S.)
• ADT Security Services (U.S.)
• FrontPoint Security Solutions, LLC (U.S.)
• Vivint, Inc. (U.S.)
• SimpliSafe (U.S.)
• Panasonic Corporation (Japan)
• Godrej Security Solutions (India)
• Nest Cam (U.S.)

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Regional Analysis:
North America dominates the global home security camera market with a market value of USD 261.3 Million in 2017 and is expected to continue dominance through the forecast period. The presence of major technology giants and start-ups and wider adoption of home security camera are promoting the market growth. Another major factor for home security camera market in North America is the advancement in video analytics for security and safety in homes and other commercial places. Europe was the second-largest market in 2017. Even though, there are many countries in the European Union that restrain the use of security cameras in the homes.
However, Asia Pacific shows the major growth rate of CAGR 10.4% through the forecast period. The region is experiencing growing advancement in infrastructure, support from government bodies, various emergence new companies providing services, and the rise of technology are the major reasons for this steep growth in the region. Major players like Hikvision, Leshi Video Type Co. Ltd, Net Gear, and Nest Cam are investing in the home security camera market. Recently, in April 2018, YI has launched a cloud home security camera with motion detection, two-way audio, cloud storage, and night vision with 1080p full HD support.

Key Findings:
• The global home security camera market is expected to reach USD 1,306.3 Million by 2023.
• By product, the market was dominated by dome security camera in 2017 and is also expected to show the highest growth rate.
• By type, the market was dominated by outdoor security cameras in 2017 is also expected to show the highest CAGR.
• By resolution, the market was dominated by HD in 2017 and is also expected to show the highest CAGR.
• By services, the market was dominated by professional services in 2017 and is expected to show the highest CAGR.
• Geographically, North America was dominating in 2017. Asia Pacific will show the highest growth rate

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Segmentation:
• The global home security camera market is classified into the product, type, resolution, and services.
• On the basis of product, the market is further classified into dome security camera, bullet security camera, IP security camera, thermal security camera, PTZ security camera, and others.
• On the basis of the type the market is further classified into the indoor security camera, and outdoor security camera.
• On the basis of resolution, the market is further classified into non-HD, and HD.
• On the basis of services, the market is further segmented into professional services and managed services.
• The global home security camera market is studied for North America, Europe, Asia Pacific and Rest of the world

Intended Audience:
• Software Developers
• Optical Lens manufacturers
• OEM’s
• Installation Service Providers
• Hospitals and Commercial Sector
• Technology Integrators
• Technology Investors
• Research Organizations
• Analysts and Strategic Business Planners

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