Smart Home Security Camera Market Growth – Trends & Forecast 2024-2034

An In-depth Look at Demand for Smart Home Security Camera in Japan from 2024 to 2034

The demand for smart home security camera in Japan is expected to reach USD 554.5 million in 2024, compared to USD 484.6 million in 2023. The sales of smart home security camera are projected to continue at a phenomenal rate from 2024 to 2034, with a CAGR of 15.4%. By 2034, the sales of smart home security camera in Japan are forecasted to reach USD 2,328.9 million.

Attributes	Details
Industry Size for Japan in 2024	USD 554.5 million
Expected Industry Size for Japan by 2034	USD 2,328.9 million
Forecasted CAGR between 2024 to 2034	15.4%

Key Insights for Smart Home Security Camera in Japan

• Post-pandemic, the number of crimes in Japan are reported to have increased for the first time in the 21st century. Thus, people in this country are turning to devices that help in personal safety, like smart home security camera.
• Technologically advanced people in Japan seek solutions that make life easier. Thus, they are turning to smart home security camera instead of regular home security camera.
• Several companies in Japan manufacture smart home security camera, like Panasonic and Sony. The significant production capability of local players help the infiltration of smart home security camera into multiple homes in Japan.

Key Trends Shaping the Demand for Smart Home Security Camera in Japan

• Significant industry giants are present in Japan. Consequently, in addition to servicing the local population, the export of smart home security camera also occurs on a large scale from Japan.
• Smart home camera, infused with advanced technologies like AI and IoT, are winning over consumers in Japan. As people here feel the need for improved home security setups, technologically-advanced security camera are preferred.
• Japan is not immune to the trend of smart homes. Smart homes include smart home security as one of the features. Thus, devices like smart home security camera are finding acceptance in homes across Japan.
• Rising incomes in Japan are making people here less reluctant to spend money on home security devices. Consequently, the pricey nature of smart home security camera is not a barrier to the affluent people of Japan.
• Japan is facing the challenge of a decreasing population. With the number of people engaged in the workforce rising in contrast, the incidence of empty homes is increasing. Therefore, to protect homes when people are not present, the adoption of smart home security camera is becoming widespread in Japan.

Category-wise Insights

Wired Smart Camera Still Rules the Roost in Japan

Wired smart camera have the edge over wireless smart camera in Japan. For 2024, the industry share by connectivity of wired smart camera is tipped to be 70.4% in Japan.

Wired smart camera have earned the trust of consumers in Japan. Although technologically advanced, wireless smart camera are also prone to hacking. Thus, wired smart camera are being relied upon by consumers in Japan.

Demand for Smart Home Security Camera in Japan Based on Connectivity	Wired Smart Camera
Industry Share in 2024	70.4%

Physical Stores are the Predominant Way through Which Smart Home Security Camera is Sold

People in Japan flock to physical stores to get hold of smart home security camera. For 2024, the industry share of physical stores/offline is predicted to be 70.9%.

While the eCommerce sector is growing, consumers in Japan still prefer the offline mode to buy smart home security camera. Physical stores allow for a closer inspection of the product before it is purchased. Thus, more confidence is placed in the offline mode by consumers in Japan.

Demand for Smart Home Security Camera in Japan Based on Sales Channel	Physical Stores/Offline
Industry Share in 2024	70.9%

Competitive Landscape

The landscape of smart home security camera in Japan is saturated with several local companies. Furthermore, multinational foreign giants have also made an impact in Japan, establishing a foothold in the country. Advancements in technology are considered a must by industry players to maintain strong positions. Japan-based industry players also focus on exports out of Japan.

Recent Developments Observed in Smart Home Security Camera in Japan

• In October 2023, Mitsui Sumitomo Insurance Co. entered the smart home security camera landscape. The erstwhile insurance company announced the offering of AI-powered security camera.
• In September 2020, LG Uplus (LG U+) collaborated with Aqara to launch My Home Guard. It is a smart home security solution that includes a smart home security camera with 2K resolution.

Some of the Key Players with Smart Home Security Camera in Japan

• Vivint Smart Home Inc.
• ADT LLC
• Simplisafe Inc.
• Brinks Home Security
• Skylinkhome
• Samsung Electronics Co. Ltd.
• Frontpoint Security Solutions LLC
• Arlo Technologies Inc.
• Wyze Labs Inc.
• Blink
• Ring LLC

Scope of the Report

Attribute	Details
Estimated Industry Size in 2024	USD 554.5 million
Projected Industry Size by 2034	USD 2,328.9 million
Anticipated CAGR between 2024 to 2034	15.4% CAGR
Historical Analysis of Demand for Smart Home Security Camera in Japan	2019 to 2023
Demand Forecast for Smart Home Security Camera in Japan	2024 to 2034
Report Coverage	Industry Size, Industry Trends, Key Insights for Smart Home Security Camera in Japan, Insights on Global Players and Leading Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Providers
Key Companies Profiled	Vivint Smart Home Inc.; ADT LLC; Simplisafe Inc.; Brinks Home Security; Skylinkhome; Samsung Electronics Co. Ltd.; Frontpoint Security Solutions LLC; Arlo Technologies Inc.; Wyze Labs Inc.; Blink; Ring LLC
Key Cities Analyzed	Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
• 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Camera Type
  • 5.1. Smart Video Doorbell Camera
  • 5.2. Smart Indoor Camera
  • 5.3. Smart Outdoor Camera
• 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Connectivity
  • 6.1. Wired Smart Camera
  • 6.2. Wireless Smart Camera
• 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
  • 7.1. Ecommerce/Online
  • 7.2. Physical Stores/Offline
• 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 8.1. Kanto
  • 8.2. Chubu
  • 8.3. Kinki
  • 8.4. Kyushu & Okinawa
  • 8.5. Tohoku
  • 8.6. Rest of Japan
• 9. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 10. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 11. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 12. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 13. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 14. Rest of Japan Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 15. Market Structure Analysis
• 16. Competition Analysis
  • 16.1. Vivint Smart Home Inc.
  • 16.2. ADT LLC
  • 16.3. Simplisafe Inc.
  • 16.4. Brinks Home Security
  • 16.5. Skylinkhome
  • 16.6. Samsung Electronics Co. Ltd.
  • 16.7. Frontpoint Security Solutions LLC
  • 16.8. Arlo Technologies Inc.
  • 16.9. Wyze Labs Inc.
  • 16.10. Blink
  • 16.11. Ring LLC
• 17. Assumptions & Acronyms Used
• 18. Research Methodology