Home Surveillance Market Size Worth $ 50,011.84 Million By 2032 | CAGR: 14.4%

The global home surveillance market size is expected to reach USD 50,011.84 million by 2032, according to a new study by Polaris Market Research. The report “Home Surveillance Market Size, Share, Trends, Industry Analysis Report: By Product Type, By Distribution Channel, By Category (Wired and Wireless), Application, and Region (North America, Europe, Asia Pacific, Middle East & Africa, And Latin America) – Market Forecast, 2024 - 2032.” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The home surveillance market encompasses a range of security solutions designed to monitor and protect residential properties. This includes devices such as cameras, motion detectors, doorbell cameras, and integrated systems that provide real-time monitoring, recording, and alerts. The market witnesses rapid growth due to increasing concerns over property security and advancements in technology that enhance the functionality and accessibility of these systems.

The proliferation of IoT devices and smart home technology has made it easier to integrate various security components into a cohesive system. Affordable pricing by manufacturers, especially in regions including Asia Pacific, has democratized access to advanced surveillance solutions. Increased internet penetration and widespread smartphone adoption enable more households to leverage these technologies effectively. Additionally, features such as motion detection, night vision, and real-time notifications enhance the functionality and appeal of home surveillance systems, making them indispensable for modern home security.

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Companies in the home surveillance market are actively innovating to meet growing consumer demands. For instance, in September 2022, ADT partnered with State Farm to strengthen its current partnership with Google in order to increase opportunities to combine advanced security, smart home technology, and reimagined risk-mitigation capabilities to monitor, detect, prevent, and maximize against homeownership risks. Collaborations between security firms and technology providers are driving innovation and enhancing product offerings. These initiatives ensure that companies stay competitive while providing consumers with innovative security solutions, thereby fueling the market's growth. 

Home Surveillance Market Report Highlights

• Security cameras dominated the home surveillance market in 2023 due to their 360-degree views, night vision, motion detection, and advancements in resolution and viewing angles, enhancing robust property protection.
• The online e-commerce category is projected to grow at the highest CAGR, driven by convenience, competitive pricing, product variety, detailed descriptions, and direct shipping, enhancing the home surveillance market growth.
• North America leads the home surveillance market in 2023, driven by IoT adoption in smart homes, increased safety awareness, and strategic partnerships, boosting demand for advanced, interconnected security solutions.
• The global key market players include Hanwha Vision Co., Ltd. (Hanwha Group); Hangzhou Hikvision Digital Technology Co., Ltd.; Motorola Solutions, Inc.; Zhejiang Uniview Technologies Co., Ltd.; CP PLUS International; Huawei Technologies Co., Ltd.; Hexagon AB; Tiandy Technologies Co., Ltd.; KENT Cam Technologies; MOBOTIX; Aiphone Co., Ltd.; ASSA ABLOY; among others.

Polaris Market Research has segmented the home surveillance market report based on product type, distribution channel, category, application, and region:

By Product Type Outlook (Revenue - USD million, 2019 - 2032)

• Security Cameras
• Video Doorbells
• Smart Locks
• NVRs/DVRs

By Distribution Channel Outlook (Revenue - USD million, 2019 - 2032)

• Security Equipment Retailers
• Online E-Commerce Sites

By Category Outlook (Revenue - USD million, 2019 - 2032)

• Wired
• Wireless

By Application Outlook (Revenue - USD million, 2019 - 2032)

• Independent Homes
• Apartments

By Regional Outlook (Revenue - USD million, 2019 - 2032)

• North America

• US
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• Malaysia
• Indonesia
• South Korea
• Thailand
• Vietnam
• Taiwan
• Philippines
• Singapore
• Australia
• Rest of Asia Pacific

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Home Surveillance Report Scope