Wifi Security Camera Market Insights Video

According to Cognitive Market Research, the global Wifi Security Camera market size was USD 6251.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.30% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 2500.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1875.36 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1437.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 312.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 125.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.
• The BFSI held the highest Wifi Security Camera market revenue share in 2024.