Business Opportunities And Investment Strategies For Global Smart Home Security Camera Market 2023-2033

Business Opportunities and Investment Strategies for Global Smart Home Security Camera Market

Report ID 1029

Pages 183

Published Date 06/30/2024

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Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global smart home security camera market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the smart home security camera industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global smart home security camera industry.

Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global smart home security camera market is expected to reach $32.57 billion by 2033, growing by 16.1% annually over the coming years.

Segmentation Analysis
Highlighted with 90 tables and 104 figures, this 189-page report represents a 360-degree view on the global market with extensively detailed Product, Connection, Resolution, Application, Distribution Channel, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.

By Product
• Dome Security Camera
• Bullet Security Camera
• IP Security Camera
• Other Products

By Connection
• Wired Cameras
• Wireless Cameras

By Resolution
• HD Cameras
• Non-HD Cameras

By Application
• Doorbell Camera
• Indoor Camera
• Outdoor Camera

By Distribution Channel
• Offline
• Online

By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Connection, Application, and Distribution Channel over the forecast years are also included.

Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• ADT Inc.
• Arlo Technologies, Inc.
• Blink
• Brinks Home Security
• eufy (Anker Innovations)
• Frontpoint Security Solution, LLC
• Godrej Group (Godrej Security Solutions)
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Nest Labs, Inc. (Alphabet)
• Panasonic Corporation
• Protect America, Inc.
• Ring LLC
• Samsung Electronics Co., Ltd.
• Shenzhen Leshi Video Tech. Co., Ltd.
• SimpliSafe, Inc.
• Skylinkhome Technologies, Inc.
• Vivint Smart Home, Inc.
• Wyze Lab, Inc.
• Xiaomi Inc.

1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict 28
2.1.4 Impact of Israel-Palestine War 30
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Product 46
3.1 Market Overview by Product 46
3.2 Dome Security Camera 49
3.3 Bullet Security Camera 50
3.4 IP Security Camera 51
3.5 Other Products 52
4 Segmentation of Global Market by Connection 53
4.1 Market Overview by Connection 53
4.2 Wired Cameras 56
4.3 Wireless Cameras 57
5 Segmentation of Global Market by Resolution 58
5.1 Market Overview by Resolution 58
5.2 HD Cameras 61
5.3 Non-HD Cameras 62
6 Segmentation of Global Market by Application 63
6.1 Market Overview by Application 63
6.2 Doorbell Camera 66
6.3 Indoor Camera 67
6.4 Outdoor Camera 68
7 Segmentation of Global Market by Distribution Channel 69
7.1 Market Overview by Distribution Channel 69
7.2 Offline 72
7.3 Online 73
8 Segmentation of Global Market by Region 74
8.1 Geographic Market Overview 2023-2033 74
8.2 North America Market 2023-2033 by Country 79
8.2.1 Overview of North America Market 79
8.2.2 U.S. 83
8.2.3 Canada 86
8.2.4 Mexico 88
8.3 European Market 2023-2033 by Country 90
8.3.1 Overview of European Market 90
8.3.2 Germany 94
8.3.3 U.K. 96
8.3.4 France 98
8.3.5 Spain 100
8.3.6 Italy 102
8.3.7 Russia 104
8.3.8 Rest of European Market 106
8.4 Asia-Pacific Market 2023-2033 by Country 108
8.4.1 Overview of Asia-Pacific Market 108
8.4.2 Japan 112
8.4.3 China 115
8.4.4 Australia 117
8.4.5 India 119
8.4.6 South Korea 121
8.4.7 Rest of APAC Region 123
8.5 South America Market 2023-2033 by Country 125
8.5.1 Argentina 129
8.5.2 Brazil 131
8.5.3 Chile 133
8.5.4 Rest of South America Market 135
8.6 MEA Market 2023-2033 by Country 136
8.6.1 UAE 140
8.6.2 Saudi Arabia 142
8.6.3 South Africa 144
8.6.4 Other National Markets 146
9 Competitive Landscape 147
9.1 Overview of Key Vendors 147
9.2 New Product Launch, Partnership, Investment, and M&A 152
9.3 Company Profiles 153
ADT Inc. 153
Arlo Technologies, Inc. 155
Blink 156
Brinks Home Security 157
eufy (Anker Innovations) 158
Frontpoint Security Solution, LLC 159
Godrej Group (Godrej Security Solutions) 160
Hangzhou Hikvision Digital Technology Co., Ltd. 161
Nest Labs, Inc. (Alphabet) 162
Panasonic Corporation 163
Protect America, Inc. 164
Ring LLC 165
Samsung Electronics Co., Ltd. 166
Shenzhen Leshi Video Tech. Co., Ltd. 167
SimpliSafe, Inc. 168
Skylinkhome Technologies, Inc. 169
Vivint Smart Home, Inc. 170
Wyze Lab, Inc. 171
Xiaomi Inc. 172
10 Investing in Smart Home Security Camera Industry: Risk Assessment and Management 173
10.1 Risk Evaluation of Global Market 173
10.2 Critical Success Factors (CSFs) 180
RELATED REPORTS 183

List of Tables

List of Tables:

Table 1. Snapshot of Global Smart Home Security Camera Market in Balanced Perspective, 2023-2033 19
Table 2. World Economic Outlook, 2024-2036 23
Table 3. World Economic Outlook, 2022-2024 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Scenarios for Economic Impact of Israel-Palestine War 30
Table 6. Main Product Trends and Market Opportunities in Global Smart Home Security Camera Market 39
Table 7. Global Smart Home Security Camera Market by Product, 2023-2033, $ mn 47
Table 8. Global Smart Home Security Camera Market by Connection, 2023-2033, $ mn 54
Table 9. Global Smart Home Security Camera Market by Resolution, 2023-2033, $ mn 59
Table 10. Global Smart Home Security Camera Market by Application, 2023-2033, $ mn 64
Table 11. Global Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 70
Table 12. Global Smart Home Security Camera Market by Region, 2023-2033, $ mn 76
Table 13. Leading National Smart Home Security Camera Market, 2023 and 2033, $ mn 78
Table 14. North America Smart Home Security Camera Market by Country, 2023-2033, $ mn 81
Table 15. U.S. Smart Home Security Camera Market by Connection, 2023-2033, $ mn 85
Table 16. U.S. Smart Home Security Camera Market by Application, 2023-2033, $ mn 85
Table 17. U.S. Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 85
Table 18. Canada Smart Home Security Camera Market by Connection, 2023-2033, $ mn 87
Table 19. Canada Smart Home Security Camera Market by Application, 2023-2033, $ mn 87
Table 20. Canada Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 87
Table 21. Mexico Smart Home Security Camera Market by Connection, 2023-2033, $ mn 89
Table 22. Mexico Smart Home Security Camera Market by Application, 2023-2033, $ mn 89
Table 23. Mexico Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 89
Table 24. Europe Smart Home Security Camera Market by Country, 2023-2033, $ mn 92
Table 25. Germany Smart Home Security Camera Market by Connection, 2023-2033, $ mn 95
Table 26. Germany Smart Home Security Camera Market by Application, 2023-2033, $ mn 95
Table 27. Germany Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 95
Table 28. U.K. Smart Home Security Camera Market by Connection, 2023-2033, $ mn 97
Table 29. U.K. Smart Home Security Camera Market by Application, 2023-2033, $ mn 97
Table 30. U.K. Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 97
Table 31. France Smart Home Security Camera Market by Connection, 2023-2033, $ mn 99
Table 32. France Smart Home Security Camera Market by Application, 2023-2033, $ mn 99
Table 33. France Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 99
Table 34. Spain Smart Home Security Camera Market by Connection, 2023-2033, $ mn 101
Table 35. Spain Smart Home Security Camera Market by Application, 2023-2033, $ mn 101
Table 36. Spain Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 101
Table 37. Italy Smart Home Security Camera Market by Connection, 2023-2033, $ mn 103
Table 38. Italy Smart Home Security Camera Market by Application, 2023-2033, $ mn 103
Table 39. Italy Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 103
Table 40. Russia Smart Home Security Camera Market by Connection, 2023-2033, $ mn 105
Table 41. Russia Smart Home Security Camera Market by Application, 2023-2033, $ mn 105
Table 42. Russia Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 105
Table 43. Smart Home Security Camera Market in Rest of Europe by Country, 2023-2033, $ mn 107
Table 44. APAC Smart Home Security Camera Market by Country, 2023-2033, $ mn 110
Table 45. Japan Smart Home Security Camera Market by Connection, 2023-2033, $ mn 114
Table 46. Japan Smart Home Security Camera Market by Application, 2023-2033, $ mn 114
Table 47. Japan Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 114
Table 48. China Smart Home Security Camera Market by Connection, 2023-2033, $ mn 116
Table 49. China Smart Home Security Camera Market by Application, 2023-2033, $ mn 116
Table 50. China Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 116
Table 51. Australia Smart Home Security Camera Market by Connection, 2023-2033, $ mn 118
Table 52. Australia Smart Home Security Camera Market by Application, 2023-2033, $ mn 118
Table 53. Australia Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 118
Table 54. India Smart Home Security Camera Market by Connection, 2023-2033, $ mn 120
Table 55. India Smart Home Security Camera Market by Application, 2023-2033, $ mn 120
Table 56. India Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 120
Table 57. South Korea Smart Home Security Camera Market by Connection, 2023-2033, $ mn 122
Table 58. South Korea Smart Home Security Camera Market by Application, 2023-2033, $ mn 122
Table 59. South Korea Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 122
Table 60. Smart Home Security Camera Market in Rest of APAC by Country/Region, 2023-2033, $ mn 124
Table 61. South America Smart Home Security Camera Market by Country, 2023-2033, $ mn 127
Table 62. Argentina Smart Home Security Camera Market by Connection, 2023-2033, $ mn 130
Table 63. Argentina Smart Home Security Camera Market by Application, 2023-2033, $ mn 130
Table 64. Argentina Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 130
Table 65. Brazil Smart Home Security Camera Market by Connection, 2023-2033, $ mn 132
Table 66. Brazil Smart Home Security Camera Market by Application, 2023-2033, $ mn 132
Table 67. Brazil Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 132
Table 68. Chile Smart Home Security Camera Market by Connection, 2023-2033, $ mn 134
Table 69. Chile Smart Home Security Camera Market by Application, 2023-2033, $ mn 134
Table 70. Chile Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 134
Table 71. MEA Smart Home Security Camera Market by Country, 2023-2033, $ mn 138
Table 72. UAE Smart Home Security Camera Market by Connection, 2023-2033, $ mn 141
Table 73. UAE Smart Home Security Camera Market by Application, 2023-2033, $ mn 141
Table 74. UAE Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 141
Table 75. Saudi Arabia Smart Home Security Camera Market by Connection, 2023-2033, $ mn 143
Table 76. Saudi Arabia Smart Home Security Camera Market by Application, 2023-2033, $ mn 143
Table 77. Saudi Arabia Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 143
Table 78. South Africa Smart Home Security Camera Market by Connection, 2023-2033, $ mn 145
Table 79. South Africa Smart Home Security Camera Market by Application, 2023-2033, $ mn 145
Table 80. South Africa Smart Home Security Camera Market by Distribution Channel, 2023-2033, $ mn 145
Table 81. Breakdown of World Market by Key Vendor, 2023, % 149
Table 82. Popular Home Security Cameras in 2024 150
Table 83. ADT Inc.: Company Snapshot 153
Table 84. ADT Inc.: Business Segmentation 154
Table 85. ADT Inc.: Product Portfolio 154
Table 86. List of Risk Factors and Weight Percentages/Theoretical Maximum 174
Table 87. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 176
Table 88. Risk Evaluation for Investing in Global Market, 2023-2033 177
Table 89. Critical Success Factors and Key Takeaways 181

List of Figures

List of Figures:

Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 18
Figure 4. Global Smart Home Security Camera Market, 2023-2033, $ mn 21
Figure 5. Impact of COVID-19 on Business 26
Figure 6. Primary Drivers and Impact Factors of Global Smart Home Security Camera Market 31
Figure 7. Forecast of World Middle-class Population by Region, 2015-2030, million 34
Figure 8. World Home Security Systems Market, 2022-2032, $ mn 34
Figure 9. World Smart Cities Market, 2019-2030, $ bn 35
Figure 10. Primary Restraints and Impact Factors of Global Smart Home Security Camera Market 36
Figure 11. Porter’s Fiver Forces Analysis of Global Smart Home Security Camera Market 42
Figure 12. Growth Opportunity Analysis by Product 46
Figure 13. Breakdown of Global Smart Home Security Camera Market by Product, 2023-2033, % of Revenue 47
Figure 14. Global Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%) 48
Figure 15. Global Smart Home Security Camera Market by Product: Dome Security Camera, 2023-2033, $ mn 49
Figure 16. Global Smart Home Security Camera Market by Product: Bullet Security Camera, 2023-2033, $ mn 50
Figure 17. Global Smart Home Security Camera Market by Product: IP Security Camera, 2023-2033, $ mn 51
Figure 18. Global Smart Home Security Camera Market by Product: Other Products, 2023-2033, $ mn 52
Figure 19. Growth Opportunity Analysis by Connection 53
Figure 20. Breakdown of Global Smart Home Security Camera Market by Connection, 2023-2033, % of Sales Revenue 54
Figure 21. Global Addressable Market Cap in 2024-2033 by Connection, Value ($ mn) and Share (%) 55
Figure 22. Global Smart Home Security Camera Market by Connection: Wired Cameras, 2023-2033, $ mn 56
Figure 23. Global Smart Home Security Camera Market by Connection: Wireless Cameras, 2023-2033, $ mn 57
Figure 24. Growth Opportunity Analysis by Resolution 58
Figure 25. Breakdown of Global Smart Home Security Camera Market by Resolution, 2023-2033, % of Sales Revenue 59
Figure 26. Global Addressable Market Cap in 2024-2033 by Resolution, Value ($ mn) and Share (%) 60
Figure 27. Global Smart Home Security Camera Market by Resolution: HD Cameras, 2023-2033, $ mn 61
Figure 28. Global Smart Home Security Camera Market by Resolution: Non-HD Cameras, 2023-2033, $ mn 62
Figure 29. Growth Opportunity Analysis by Application 63
Figure 30. Breakdown of Global Smart Home Security Camera Market by Application, 2023-2033, % of Revenue 64
Figure 31. Global Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%) 65
Figure 32. Global Smart Home Security Camera Market by Application: Doorbell Camera, 2023-2033, $ mn 66
Figure 33. Global Smart Home Security Camera Market by Application: Indoor Camera, 2023-2033, $ mn 67
Figure 34. Global Smart Home Security Camera Market by Application: Outdoor Camera, 2023-2033, $ mn 68
Figure 35. Growth Opportunity Analysis by Distribution Channel 69
Figure 36. Breakdown of Global Smart Home Security Camera Market by Distribution Channel, 2023-2033, % of Revenue 70
Figure 37. Global Addressable Market Cap in 2024-2033 by Distribution Channel, Value ($ mn) and Share (%) 71
Figure 38. Global Smart Home Security Camera Market by Distribution Channel: Offline, 2023-2033, $ mn 72
Figure 39. Global Smart Home Security Camera Market by Distribution Channel: Online, 2023-2033, $ mn 73
Figure 40. Global Market Snapshot by Region 74
Figure 41. Growth Opportunity Analysis of Global Market by Region 75
Figure 42. Geographic Spread of Worldwide Smart Home Security Camera Market, 2023-2033, % of Sales Revenue 76
Figure 43. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%) 77
Figure 44. North American Smart Home Security Camera Market, 2023-2033, $ mn 80
Figure 45. Growth Opportunity Analysis of North America Market by Country 80
Figure 46. Breakdown of North America Smart Home Security Camera Market by Country, 2023 and 2033, % of Revenue 81
Figure 47. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 82
Figure 48. U.S. Smart Home Security Camera Market, 2023-2033, $ mn 84
Figure 49. Canada Smart Home Security Camera Market, 2023-2033, $ mn 86
Figure 50. Smart Home Security Camera Market in Mexico, 2023-2033, $ mn 88
Figure 51. European Smart Home Security Camera Market, 2023-2033, $ mn 91
Figure 52. Growth Opportunity Analysis of Europe Market by Country 91
Figure 53. Breakdown of European Smart Home Security Camera Market by Country, 2023 and 2033, % of Revenue 92
Figure 54. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 93
Figure 55. Smart Home Security Camera Market in Germany, 2023-2033, $ mn 94
Figure 56. Smart Home Security Camera Market in U.K., 2023-2033, $ mn 96
Figure 57. Smart Home Security Camera Market in France, 2023-2033, $ mn 98
Figure 58. Smart Home Security Camera Market in Spain, 2023-2033, $ mn 100
Figure 59. Smart Home Security Camera Market in Italy, 2023-2033, $ mn 102
Figure 60. Smart Home Security Camera Market in Russia, 2023-2033, $ mn 104
Figure 61. Smart Home Security Camera Market in Rest of Europe, 2023-2033, $ mn 106
Figure 62. Asia-Pacific Smart Home Security Camera Market, 2023-2033, $ mn 109
Figure 63. Growth Opportunity Analysis of Asia-Pacific Market by Country 109
Figure 64. Breakdown of APAC Smart Home Security Camera Market by Country, 2023 and 2033, % of Revenue 110
Figure 65. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 111
Figure 66. Smart Home Security Camera Market in Japan, 2023-2033, $ mn 113
Figure 67. Smart Home Security Camera Market in China, 2023-2033, $ mn 115
Figure 68. Smart Home Security Camera Market in Australia, 2023-2033, $ mn 117
Figure 69. Smart Home Security Camera Market in India, 2023-2033, $ mn 119
Figure 70. Smart Home Security Camera Market in South Korea, 2023-2033, $ mn 121
Figure 71. Smart Home Security Camera Market in Rest of APAC, 2023-2033, $ mn 123
Figure 72. South America Smart Home Security Camera Market, 2023-2033, $ mn 126
Figure 73. Growth Opportunity Analysis of South America Market by Country 126
Figure 74. Breakdown of South America Smart Home Security Camera Market by Country, 2023 and 2033, % of Revenue 127
Figure 75. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 128
Figure 76. Smart Home Security Camera Market in Argentina, 2023-2033, $ mn 129
Figure 77. Smart Home Security Camera Market in Brazil, 2023-2033, $ mn 131
Figure 78. Smart Home Security Camera Market in Chile, 2023-2033, $ mn 133
Figure 79. Smart Home Security Camera Market in Rest of South America, 2023-2033, $ mn 135
Figure 80. Smart Home Security Camera Market in Middle East and Africa (MEA), 2023-2033, $ mn 137
Figure 81. Growth Opportunity Analysis of MEA Market by Country 137
Figure 82. Breakdown of MEA Smart Home Security Camera Market by Country, 2023 and 2033, % of Revenue 138
Figure 83. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 139
Figure 84. Smart Home Security Camera Market in UAE, 2023-2033, $ mn 140
Figure 85. Smart Home Security Camera Market in Saudi Arabia, 2023-2033, $ mn 142
Figure 86. Smart Home Security Camera Market in South Africa, 2023-2033, $ mn 144
Figure 87. Smart Home Security Camera Market in the Rest of MEA, 2023-2033, $ mn 146
Figure 88. Growth Stage of Global Smart Home Security Camera Industry over the Forecast Period 147
Figure 89. Comparison of Risk Factors by GMD RIN in 2023 177
Figure 90. GMD Relative RIN of Internal Risk Factors in 2023 on Radar Chart 178
Figure 91. GMD Relative RIN of External Risk Factors in 2023 on Radar Chart 178

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• ADT Inc.
• Arlo Technologies, Inc.
• Blink
• Brinks Home Security
• eufy (Anker Innovations)
• Frontpoint Security Solution, LLC
• Godrej Group (Godrej Security Solutions)
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Nest Labs, Inc. (Alphabet)
• Panasonic Corporation
• Protect America, Inc.
• Ring LLC
• Samsung Electronics Co., Ltd.
• Shenzhen Leshi Video Tech. Co., Ltd.
• SimpliSafe, Inc.
• Skylinkhome Technologies, Inc.
• Vivint Smart Home, Inc.
• Wyze Lab, Inc.
• Xiaomi Inc.