The Latin America, Middle East and Africa Smart Home Security Cameras Market would witness market growth of 17.5% CAGR during the forecast period (2020-2026). Home security cameras are available in a wide range of specifications, sizes, and resolutions, but their primary function is to capture and store video for security purposes. Home security cameras help monitor the activities both in the house and outside the house. The main factors driving the home security camera market are ease of installation of security cameras and increased awareness of protection needs. The introduction of new features such as SMS motion detection and remote viewing on mobile devices has transformed the home security camera market scenario.
Growing penetration of smart homes, particularly in developing and developed countries around the globe, is driving demand for smart home security cameras. In addition, the increasing prominence of security devices through the home automation process to access security 24/7 paves the way for different indoor and outdoor security smart home security cameras. Increased expansion of home automation devices, such as lights, locks, and security cameras, with remote technology on smartphones, tablets, or wearables, generates greater consumer demand to ensure maximum safety.
Based on Application, the market is segmented into Doorbell Camera, Indoor Camera and Outdoor Camera. Based on Product, the market is segmented into Wired and Wireless. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Smart Home Security Cameras Market in LAMEA is expected to register a CAGR of 17.5% during the forecast period (2020-2026)
The market research report covers theanalysis 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), Arlo Technologies, Inc., Vivint Smart Home, Inc., ADT, Inc. (Apollo Global Management, Inc.), SimpliSafe, Inc., Protect America, Inc., FrontPoint Security Solutions, LLC, Skylinkhome Technologies, Inc., and iSmart Alarm, Inc.
Market Segmentation:
By Application
By Product
By Country
Companies Profiled
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