WiFi Cameras Market Insights Video

According to Cognitive Market Research, the global Wi-Fi cameras market size is USD XX million in 2023 and will expand at a compound annual growth rate (CAGR) of 13.20% from 2023 to 2030.

• North America held the major market of more than 40% of the global revenue and will grow at a compound annual growth rate (CAGR) of 11.4% from 2023 to 2030
• Europe WiFi Cameras is projected to expand at a compound annual growth rate (CAGR) of 11.9% from 2023 to 2030, Europe accounted for a share of over 30% of the global
• Asia Pacific held the market of more than 23% of the global revenue and will grow at compound annual growth rate (CAGR) of 15.2% from 2023 to 2030
• Latin America market has more than 5% of the global revenue and will grow at compound annual growth rate (CAGR) of 12.6% from 2023 to 2030
• Middle East and Africa held the major market of more than 2% of the global revenue and will grow at a compound annual growth rate (CAGR) of 12.9% from 2023 to 2030
• The demand for WIFI cameras is rising due to the increased need for safety in high-risk areas and strong demand from developing nations. The market for wireless security camera systems is also driven by incorporating IoT into these cameras.
• Demand for home security cameras remains higher in the WIFI cameras market.
• The home security category held the highest WIFI cameras market revenue share in 2023.