China smart home security camera market is anticipated to showcase a CAGR of 15.5% during the forecast period (2020-2026). New product launches to lure new customers is a key factor driving the growth of the smart home security camera market in China. Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd., Geo Vision Inc., Hitron Systems Inc., HI SHARP ELECTRONICS, CO., LTD., ITX-M2M CO., LTD., Acti Corp., EverFocus Electronics Corp., AVTECH Corp., and iCATCH Inc. among others are the major players operating in China that are actively adopting this growth strategy to remain competitive in the market place.
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For instance, in April 2020, Xiaomi had launched a pair of Mi Smart PTZ cameras. The two new cameras include the Xiaomi Mi Smart Camera PTZ and the PTZ Pro variant. The cameras are a part of the company’s smart home appliances and essentially serve as security cameras in the users’ homes. This camera can be used to monitor a user’s house remotely or even inform the user of illegal entry in the worst-case scenario. In January 2020, Abode systems, Inc. had launched abode Outdoor/Indoor Smart Camera. Abode Outdoor/Indoor Smart Camera is a versatile video camera developed in direct response to meet the demand for robust indoor/outdoor and front door video protection.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
China Smart Home Security Camera Market report Segment
By Product Type
By Application