Security Cameras Market Share

North American Market Forecast

North America industry is expected to account for largest revenue share of 38% by 2037. Instead of the more common mountable Wi-Fi cameras, people are using smart security cameras to better secure their properties in the region. Additionally, rising consumer awareness of the value of personal safety offers the sector considerable growth in the region. For instance, Amazon alone sold over 400 thousand ring doorbells and accessories to clients around the world in December 2020.

APAC Market Statistics

The Asia Pacific security cameras market accounted for second-largest revenue share of about 25% in 2037. With drones to CCTV cameras, numerous Asia Pacific countries have mobilized mass surveillance methods for coronavirus contact tracing, monitoring of confined individuals, and overall transmission management. Furthermore, China is among the most heavily monitored countries in Asia Pacific. There are currently 770 million security cameras in operation worldwide, of which 54% are located in China. According to research by Comparitech, China has 16 of the top 20 cities with the most surveillance cameras per 1000 people.