Global Home Cameras Market is expected to gain a significant market share in the forthcoming period. Home cameras can either be in digital or analog format and one of the most important points to remember is to consider a design using either digital cameras or IP-based megapixel cameras that can load large amounts of digital data. Further, home cameras have become an essential tool that ensures home safety in case of elderly members or children on their individual stay. Home cameras thus have a great deal of commercial significance and are expected to grow at an enormous rate in the near future.
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Driving factors responsible for the growth of home cameras market includes rise in safety concerns. Also, the rise in technological innovations for home security is expected to contribute to the growth of home cameras market. This market is segmented into fire protection, fire protection, video surveillance, access control, entrance control, intruder alarms, wireless systems, thermal cameras, and video surveillance, based on product type. Based on segmentation by services, the home cameras market includes security systems integration, remote monitoring services, fire protection services, video surveillance services and access control services.
Based on segmentation by end-use, the home cameras industry includes residential, commercial, government, transportation, retail, banking & finance, education, energy & utility, healthcare, sports & leisure, education and industrial. Geographically, home cameras market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. North America and Europe market is expected to gain a significant traction in the forthcoming period owing to rising concerns for safety. APAC market is also expected to gain a significant market share in the forthcoming period due to availability of large pool of consumers and production of innovative devices for home safety. MEA regions are however expected to witness a moderate CAGR growth in the forthcoming period.
The key players in the home cameras industry include ASSA ABLOY AB, Bosch Security Systems, Honeywell International, Inc., Tyco International Ltd, UTC Fire & Security, ADT Corp, Alarm.com, Allegion, Control4, Godrej & Boyce Manufacturing Company Limited, Ingersoll Rand Solutions, Nortek Security & Control LLC, HikvisionDigital Technology Co. Ltd, SECOM Co., Ltd, and Stanley Security Solutions, Axis Communications AB, Zhejiang Dahua Technology Co., Ltd.
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Global Home Cameras market competition by top manufacturers, including