Asia-Pacific smart home security camera market is anticipated to showcase a CAGR of 15.0% during the forecast period. Rapid urbanization, growing purchasing power, and growing trend of smart homes are among the key factors that are fuelling the growth of the market in Asia-Pacific region. The high demand for smart appliances for home automation and security along growing awareness among consumers about the rising crime rate across the region are some other factors that are promoting the adoption of smart home security camera in the region. The high adoption of smart home security camera in the region is thus anticipated to accelerate the growth of the regional market. In Asia-Pacific China is anticipated to make major contribution towards the high regional growth.
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The smart home security camera market is segmented on the basis of product type, and application. Based on product type the market is sub-segmented into wired & wireless. Based on the product type, the wired cameras are anticipated to hold considerable market share during the forecast period. Longer durability and stronger reliability are the factors that support the high share of this market segment. However, wireless cameras are anticipated to exhibit high growth owing to the ease of installation of these devices. Based on the application, the smart home security camera market is segmented into doorbell camera, indoor camera, and outdoor camera.
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Asia-Pacific Smart Home Security Cameras Market Segmentation
By Product Type
• Wired
• Wireless
By Application
• Doorbell Camera
• Indoor Camera
• Outdoor Camera
Regional Analysis
• China
• India
• Japan
• Rest of Asia-Pacific
Company Profiles
• AVTECH Corp.
• CPRO Electronics Co., Ltd.
• EverFocus Electronics Corp.
• Everspring Industry Co., Ltd.
• Geo Vision, Inc.
• Google, LLC
• Hangzhou Hikvision Digital Technology Co., Ltd.
• HI SHARP Electronics, Co., Ltd.
• Hitron Systems Inc.
• Honeywell International, Inc.
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