Press release
Steady Expansion Forecast for Smart Floodlight Security Network Market, Projected to Reach $11.37 Billion by 2029
Smart Floodlight Security Network
How Large Will the Smart Floodlight Security Network Market Size By 2025?
In recent times, the market size for the smart floodlight security network has experienced a rapid expansion. The market is forecasted to surge from a valuation of $5.17 billion in 2024 to a staggering $6.07 billion in 2025, recording a compound annual growth rate (CAGR) of 17.4%. This significant growth in the historical period can be traced back to factors such as the spurt in urbanization, stringent government policies on security measures, growing awareness around home automation technologies, advancements in wireless communication protocols, and an uptick in crime rates.
How Big Is the Smart Floodlight Security Network Market Size Expected to Grow by 2029?
The market for smart floodlight security networks is predicted to experience significant expansion in the coming years, reaching a market value of $11.37 billion by 2029 with a CAGR of 17.0%. This predicted increase during the forecast period is largely due to factors such as the increasing adoption of smart devices, growing preference for solar-powered floodlights, heightened demand for energy-saving lighting, the advent of 6G connectivity, and a rising requirement for extensive surveillance. Key trends for the forecast period entail the growing integration with smart home ecosystems, the rise of predictive maintenance aided by AI, increased usage of voice control features, growth of cloud-based security management, and the creation of eco-conscious and sustainable lighting solutions.
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Which Key Market Drivers Powering Smart Floodlight Security Network Market Expansion and Growth?
The escalation in crime rates is driving the expansion of the market because of the growing need for sophisticated surveillance and security measures.
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Which Emerging Trends Are Transforming the Smart Floodlight Security Network Market in 2025?
Leading firms engaged in the smart floodlight security network industry are prioritizing the creation of sophisticated items, such as hardwired DIY security systems. These systems supporting the effortless fusion with smart residential and commercial security measures, offer self-assembled solutions that source energy directly from an establishment's electrical circuitry, eliminating the requirement for batteries or regular maintenance and ensuring steady power supply in sync with smart gadgets for enhanced security. For example, in October 2024, Arlo Technologies, Inc., a smart home security brand from the US, launched the Wired Floodlight Camera. This all-in-one DIY security solution was designed with a key focus on supreme outdoor safety, aiming to offer continual, high-definition monitoring with potent lighting, intelligent detection functionalities, and easy integration with smart homes. Arlo's brand new Wired Floodlight Camera combines adjustable 2K HDR camera with 2,000-lumen lighting, motion detection, color night vision, and an inbuilt siren, offering comprehensive security for outdoor areas. Continuously powered through hardwiring, it affords smooth connectivity with Alexa, Google Home, and IFTTT for impeccable smart home integration.
What Are the Emerging Segments in the Smart Floodlight Security Network Market?
The smart floodlight security network market covered in this report is segmented
1) By Product Type: Wired, Wireless, Solar-Powered
2) By Connectivity: Wireless Fidelity (Wi-Fi), Bluetooth, Zigbee, Z-Wave, Other Connectivities
3) By Distribution Channel: Online, Offline
4) By Application: Residential, Commercial, Industrial, Municipal
5) By End-User: Homeowners, Businesses, Government And Public Infrastructure, Other End-Users
Subsegments:
1) By Wired: Indoor Wired Floodlights, Outdoor Wired Floodlights, Motion-Sensor Wired Floodlights, Dusk-To-Dawn Wired Floodlights
2) By Wireless: Battery-Powered Wireless Floodlights, Wireless Fidelity (Wi-Fi) Enabled Wireless Floodlights, Bluetooth-Enabled Wireless Floodlights, Motion-Sensor Wireless Floodlights
3) By Solar-Powered: Standalone Solar Floodlights, Integrated Solar Floodlights, Motion-Sensor Solar Floodlights, Remote-Controlled Solar Floodlights
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Who Are the Global Leaders in the Smart Floodlight Security Network Market?
Major companies operating in the smart floodlight security network market are Honeywell International Inc., Hangzhou Hikvision Digital Technology Co Ltd, Signify NV, ADT Inc., Dahua Technology Co Ltd, Bosch Security Systems GmbH, Ubiquiti Inc., Axis Communications AB, Vivint LLC, TP Link Technologies Co Ltd, Ezviz Inc., Arlo Technologies Inc., Wyze Labs Inc., Netatmo SA, CP Plus GmbH & Co KG, Reolink Digital Technology Co Ltd, Swann Communications Pty Ltd, Lorex Technology Inc., Eufy Security Technology Co Ltd, and LeonLite Inc.
Which are the Top Profitable Regional Markets for the Smart Floodlight Security Network Industry?
North America was the largest region in the smart floodlight security network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart floodlight security network report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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