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Smart Home Cameras Market size is set to grow by USD 6.09 billion from 2024-2028, Innovation and portfolio extension leading to premiumization of products to boost the market growth, Technavio

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NEW YORK, July 26, 2024 /PRNewswire/ — The global smart home cameras market size is estimated to grow by USD 6.09 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.52% during the forecast period. Innovation and portfolio extension leading to premiumization of products is driving market growth, with a trend towards distribution channel expansion strategy. However, presence of counterfeit and low-quality products poses a challenge. Key market players include 56 AI Technologies Pvt Ltd., ADT Inc., Alarm.com Holdings Inc., Alphabet Inc., Amazon.com Inc., Arlo Technologies Inc., Comcast Corp., D Link Corp., Deep Sentinel Corp., Frontpoint Security Solutions LLC, Hangzhou Hikvision Digital Technology Co. Ltd., Monitronics International Inc., Resideo Technologies Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Simplisafe Inc., Skylink Group, Vivint Inc., Wyze Labs Inc., and Zmodo Technology Corp. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Connectivity (Wire-free smart home cameras and Wired smart home cameras), Distribution Channel (Offline and Online), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

56 AI Technologies Pvt Ltd., ADT Inc., Alarm.com Holdings Inc., Alphabet Inc., Amazon.com Inc., Arlo Technologies Inc., Comcast Corp., D Link Corp., Deep Sentinel Corp., Frontpoint Security Solutions LLC, Hangzhou Hikvision Digital Technology Co. Ltd., Monitronics International Inc., Resideo Technologies Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Simplisafe Inc., Skylink Group, Vivint Inc., Wyze Labs Inc., and Zmodo Technology Corp. Ltd.

Key Market Trends Fueling Growth

The global smart home cameras market is witnessing growth due in part to strategic distribution channel expansion. Competitors are broadening their customer base by selling through various channels. An omnichannel strategy, which includes both physical retailers and third-party online retailers, is gaining popularity among home security product manufacturers offering smart home cameras. Notable brands like SAMSUNG and Robert Bosch are increasing their market presence by selling their smart home cameras on popular online shopping portals. This distribution strategy is anticipated to significantly boost the revenue of the global smart home cameras market during the forecast period. 

The Smart Home Cameras market in the United States is experiencing significant growth due to increasing population density in urban areas and cultural emphasis on safety and peace of mind. Reliability issues and disruptions continue to be a concern, leading to downtime and potential security vulnerabilities. High crime rates, particularly in densely populated cities, are driving demand for advanced surveillance solutions. Privacy concerns and data protection are also key considerations. Technological innovation, including AI integration and high-quality features like high-resolution video recording and night vision, are important differentiators. The aging population and caregiving needs are also fueling demand for smart home cameras for monitoring elderly individuals. False alarms and threat detection are ongoing challenges, with technology advancements and real-time monitoring helping to address these issues. Regional thefts and burglaries are also major concerns, with smart home cameras providing valuable assistance in property-related crimes. Media coverage and cultural acceptance of connected living and homeownership continue to shape the market landscape. 

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Market Challenges

The proliferation of counterfeit and low-quality smart home cameras, particularly in developing countries like China, poses a significant challenge to the growth of the global market. Unregistered manufacturers offer equivalent products at lower prices, attracting price-sensitive customers. These players have minimal fixed or regular employment, keeping their operating costs low. This pricing strategy hinders the growth of the market as many consumers in developing economies prefer these low-cost alternatives. The global smart home cameras market faces intense competition from these unorganized players, impacting the market’s expansion during the forecast period.The Smart Home Camera market is experiencing significant growth due to the increasing demand for home security solutions. However, challenges persist in areas such as object detection and image processing, which require advanced technology and computing power. Privacy regulations also pose a concern, with the need for facial blurring and user consent mechanisms. Wireless technology and connectivity infrastructure are crucial for seamless integration with IoT devices and smart home ecosystems. High-resolution cameras, feature-rich cameras with motion detection and two-way audio communication, are in high demand. However, concerns around privacy, data collection, storage, potential misuse, and cybersecurity threats continue to loom large. Companies like Google Assistant, Amazon Alexa, Samsung SmartThings, and Apple Homekit are making strides in this space, offering intelligent security solutions. Improvements in resolutions, low-light performance, viewing angles, and proliferation of indoor cameras and doorbell cameras are key areas of focus. Accessibility and user privacy are important considerations, as is addressing concerns around recorded footage and cybersecurity risks such as hacking and unauthorized access.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This smart home cameras market report extensively covers market segmentation by

Connectivity 1.1 Wire-free smart home cameras1.2 Wired smart home camerasDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Wire-free smart home cameras-  The Smart Home Camera market is experiencing significant growth due to increasing demand for home security and convenience. These devices allow homeowners to monitor their properties remotely and receive real-time alerts. Major players in this market include Google, Amazon, and Netgear, who continuously innovate to offer advanced features such as high-definition video, night vision, and two-way audio. The market is expected to continue expanding as more consumers adopt smart home technology.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Wireless Home Security Camera market is experiencing rapid growth, driven by increasing demand for advanced security solutions. In 2024, the market is projected to grow due to innovations in wireless technology and smart features. Similarly, the global Smart Home Market is expanding with advancements in IoT and AI, enhancing convenience and energy efficiency. Meanwhile, the global Underwater Camera market is benefiting from rising interest in marine exploration and recreational diving.

Research Analysis

The Smart Home Cameras market is experiencing significant growth due to increasing concerns over property-related crimes and the desire for connected living. Advanced technology, such as AI-powered security cameras, night vision, high-resolution video recording, facial recognition, and object detection, are key features driving demand. These cameras integrate seamlessly into the smart home ecosystem, offering real-time monitoring and threat detection. However, concerns over false alarms, privacy regulations, and user consent mechanisms continue to be addressed by manufacturers. Regional thefts and burglaries have received extensive media coverage, further fueling the adoption of these devices. Doorbell cameras and indoor cameras are popular segments, with voice assistants like Google Assistant, Amazon Alexa, Samsung SmartThings, and Apple Homekit enabling hands-free control. Wireless technology ensures easy installation and flexibility. Technology advancements continue to shape the market, with continuous improvements in image processing and threat detection.

Market Research Overview

The Smart Home Cameras market is experiencing significant growth due to the increasing number of regional thefts and property-related crimes. With the advancement of technology, AI-powered security cameras have become an essential component of the smart home ecosystem. These cameras offer high-resolution video recording, night vision, and real-time monitoring, providing homeowners with peace of mind and intelligent security solutions. However, concerns around false alarms, threat detection, privacy regulations, and cybersecurity threats persist. Technology improvements, such as facial recognition, object detection, and image processing, aim to address these concerns. The proliferation of IoT devices and interconnected home ecosystems has made accessibility and control through smartphone applications and voice assistants like Google Assistant, Amazon Alexa, Samsung SmartThings, and Apple Homekit increasingly important. Despite these benefits, privacy concerns, data collection, storage, potential misuse, and recorded footage remain areas of concern for consumers. The United States market, with its high crime rates and large population, particularly in urban areas, is a significant contributor to the market’s growth. Cultural emphasis on safety and technological innovation, as well as the aging population and densely populated cities, further fuel the demand for smart home cameras. However, reliability issues, disruptions, and downtime due to internet connectivity and security risks, such as hacking and unauthorized access, pose challenges to the market’s growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ConnectivityWire-free Smart Home CamerasWired Smart Home CamerasDistribution ChannelOfflineOnlineGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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ZT Mining Pioneers Innovative Solutions in the Cloud Mining Industry

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ZT Mining launches user-friendly cloud mining services with free options, renewable energy integration, and educational resources, promoting sustainable cryptocurrency mining.

READING, England, Dec. 28, 2024 /PRNewswire-PRWeb/ — As the cryptocurrency industry grows, the demand for accessible and efficient mining solutions has never been higher. ZT Mining, a leading innovator in cloud mining, announces a new range of services designed to democratize access to cryptocurrency mining while addressing environmental concerns.

free cloud mining site, best cloud mining, crypto mining

Cloud Mining Made Simple

ZT Mining provides a platform for users to mine Bitcoin and other cryptocurrencies without the need for specialized hardware or technical expertise. By simplifying the process, the company caters to a broad audience, from crypto enthusiasts to first-time investors. Its streamlined registration and user-friendly interface allow participants to start mining in minutes.

Free Cloud Mining Option for Starters

The platform introduces free cloud mining opportunities, enabling users to begin their mining journey without upfront costs. This initiative lowers barriers to entry, making it easier for individuals to explore the cryptocurrency space.

Sustainability at the Core

Recognizing the environmental impact of traditional mining, ZT Mining incorporates renewable energy into its operations. By leveraging green energy sources, the company reduces its carbon footprint, aligning with global sustainability goals.

A Trusted Name in Cloud Mining

ZT Mining emphasizes transparency and reliability. Contracts come with clear terms, competitive rates, and no hidden fees. The platform also offers robust security measures, ensuring user data and funds remain protected.

Empowering Users Through Education

To support informed decision-making, ZT Mining provides educational resources on cryptocurrency and cloud mining. Users can access guides and insights to better understand mining profitability and industry trends.

Industry Recognition

ZT Mining’s innovative approach has positioned it as one of the best cloud mining platforms in the industry. With endorsements from leading crypto analysts and positive user feedback, the company is quickly becoming a trusted name for mining solutions.

Looking Ahead

ZT Mining continues to innovate, aiming to provide even more opportunities for users to benefit from cloud mining. With plans to expand its renewable energy partnerships and introduce advanced mining algorithms, the company is setting the standard for sustainable and user-friendly cryptocurrency mining.

For more information, visit ZT Mining’s official website.

Media Contact

Nancy Delia, ZT CLOUD SERVICES LIMITED, 44 7301463290, nancy.delia@ztmining.com, https://ztmining.com

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UBHOME Collaborates with Qualcomm to Release the Smart Lawn Mower, Co-Creating a New Era of Smart Life

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The 2025 CES in the United States is about to unveil a brand-new chapter in the future intelligent home gardening

LAS VEGAS, Dec. 28, 2024 /PRNewswire/ — UBHOME, a sub-brand of UBTECH Robotics, announced an intelligent service robot in collaboration with Qualcomm Technologies, Inc. The Robotic Mower M10 is a revolutionary smart lawn mower announced at the 2025 International Consumer Electronics Show (CES) in the United States. This product is powered by the Qualcomm® RB1 Robotics Platform, showcases UBHOME’s rich experience in robot research and development, and focuses on solving the pain points of traditional lawn-mowing equipment, providing users with a worry-free and labor-saving smart gardening experience, and creates a new model of gardening intelligence.

User-Oriented: The All-New Convenience Brought by the Smart Lawn Mower to Life

The Robotic Mower M10 is not only a high performance tool but also an upgrade of the smart lifestyle. In response to the pain points of users when using traditional lawn-mowing equipment, this product offers a series of practical functions, bringing brand-new convenience to home gardening:

Wireless and Borderless Mowing: There is no need for cumbersome boundary wire installation anymore. The device relies on accurate environmental perception and navigation technology to independently plan the work area, allowing users to use it right out of the box, saving installation time and energy.

Automatic Mowing, Saving Time and Effort: The device can automatically complete the lawn mowing work according to the preset schedule or real-time instructions, enabling users to manage the lawn care through delegation to the mower.

Wide Coverage and Stable Signal: It supports a large-scale signal connection of up to 130,000 square meters. Even for extremely large courtyards, stable operation can be ensured, and there is no need to worry about signal loss.

Real-time Online, in-control Anytime: Through APP remote control and real-time monitoring, users can adjust the mowing plan or check the device status at any time, managing the courtyard work as they like.

The combination of these functions not only greatly simplifies the complexity of mowing work but also liberates users from repetitive physical labor, allowing them to focus on enjoying the wonderful moments of life.

UBHOME: In-depth Layout in Smart Home

UBHOME is a brand under UBTECH Robotics that focuses on providing smart solutions for families. As a world-leading robot enterprise, UBTECH, with its strong R&D strength and technological accumulation, has successfully launched Walker, China’s first commercial bipedal human-sized humanoid robot. The launch of the Robotic Mower M10 by UBHOME this time is an important step in its layout in the smart home field.

Relying on UBTECH’s technological accumulation in robots and its in-depth understanding of user needs, the Robotic Mower M10 achieves the best mowing effect through environmental recognition and dynamic adjustment. Whether it is complex terrain, steep slopes, or high requirements for fine mowing, it can perform perfectly, demonstrating its excellent technical capabilities and brand commitment.

Powered by Qualcomm Technologies, Facilitating Intelligent Upgrading

As a global leader in wireless technology and edge intelligence, Qualcomm Technologies provides cutting-edge technical support for the Robotic Mower M10, including intelligent edge computing platforms, dynamic path planning, and environmental perception technologies. These technologies ensure that the device can operate efficiently in various environments, providing users with a precise and efficient smart experience. The Robotic Mower M10 utilizes the Qualcomm RB1 Robotics Platform to ensure the superior operation of the Robotic Mower M10 in large-scale courtyards, laying a solid foundation for realizing smart life.

Industry Significance and Trend: Promoting the Development of Gardening Intelligence

With the continuous increase in the demand for home intelligence, the market for smart gardening equipment is in a period of rapid development. As a typical representative of this trend, the smart lawn mower not only meets consumers’ pursuit of a convenient lifestyle but also provides a direction for the transformation of the gardening industry from tool manufacturing to smart services.

The product released by UBHOME not only fills the gap in the high-performance lawn-mowing equipment market but also sets a new industry benchmark. Through the multiple advantages of wireless, real-time connection, and fully automated operation, it endows home gardening with new value, making users no longer regard mowing as a burden but feel the convenience and fun brought by technology.

Innovation Hand in Hand, Co-creating Smart Life

The collaboration between UBHOME and Qualcomm Technologies showcases a strong collaboration of technology and innovation. Both parties are committed to bringing more convenient and efficient life experiences to consumers through technological innovation.

At the 2025 CES, UBHOME and Qualcomm Technologies will showcase the innovative functions and application scenarios of this Robotic Mower M10.

About UBHOME 

UBHOME is a brand under UBTECH Robotics, focusing on providing smart solutions for families. UBTECH is a world-leading robot enterprise dedicated to the research and development and application of artificial intelligence and robot technology and has successfully served more than 900 enterprise-level customers in more than 50 countries around the world.

Media Contact Information
For more information, please contact:
UBHOME Brand Team: mbu-sales@ubtrobot.com 

Qualcomm is a trademark or registered trademark of Qualcomm Incorporated. Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.  

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SOURCE UBTECH ROBOTICS CORP LTD

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Global Launch of JETOUR T2 i-DM: Reshaping the Hybrid SUV Market

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DOHA, Qatar, Dec. 28, 2024 /PRNewswire/ — On December 25, 2024, the First JETOUR Fan’s Festival and the Launch of T2 i-DM was held in Qatar, themed “Think Future”. During the event, JETOUR launched its user brand “Traveler” in the Middle East and its first hybrid model, JETOUR T2 i-DM. The launch event highlights JETOUR’s commitment to exploring sustainable travel modes and ambition to become the “The World’s Leading Brand in Hybrid Off-road Vehicles” under the “Travel+” strategy.

JETOUR T2 i-DM not only inherits the strengths of T2 series, but also achieves high energy efficiency, high performance, high safety, and high intelligence with its advanced hybrid technology, i-DM. With a maximum combined power of 280kW and torque of 610N•m, T2 i-DM boasts a NEDC pure electric range of 139km and an overall range exceeding 1,000km at just 0.8L/100km, addressing range anxiety and promoting green travel.

Mr. Dai Lihong, executive vice president of JETOUR Auto, emphasized technology’s role in producing world-class products. The launch also introduced “Traveler”, enriching user experience through diverse products and superior performance. This year, JETOUR has ranked third in sales across the Qatari auto market. The Fan’s Festival invited user representatives from across the Middle East to witness the unveiling of “Traveler”, experiencing “Travel+” culture through city tours and co-creation workshops.

JETOUR prioritizes users, listening to their needs and co-creating products, brand, and lifestyle. Through “Traveler,” JETOUR aims to provide richer travel experiences and benefits globally, leveraging the platform to spread the “Travel+” culture worldwide. Mr. Alex Tan, Vice President of JETOUR International, said, “Serving ‘JETOUR users’ and being ‘a user-oriented JETOUR’ are JETOUR’s development philosophy. JETOUR will continue to build a travel community centered around users, cars, and lifestyles, sharing the joy of traveling together with users.”

JETOUR also partnered with Diamond League to promote athletics in Qatar and the Middle East, embodying JETOUR Speed and the brand’s image of breakthroughs and innovations. With T2 selling over 150,000 units globally, T2 i-DM will continue its success to meet customers’ needs and reshape the hybrid SUV market.

The launch of T2 i-DM marks JETOUR’s new journey towards “the World’s Leading Brand in Hybrid Off-road Vehicles.” JETOUR plans to introduce more hybrid and off-road models, providing customers with eco-friendly and diversified travel choices. With its innovative spirit and user-oriented philosophy, JETOUR will lead the global automotive industry towards a more sustainable and smarter future.

SOURCE JETOUR AUTO

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