Nordic Smart Home Security Market Size & Outlook, 2025-2033
Nordic Smart Home Security Market Insights
- As highlighted in Deep Market Insights analysis, the Nordic Smart Home Security Market, worth USD 140.36 Million in 2024, is forecasted to achieve USD 352.21 Million by 2033.
- The Nordic market is anticipated to grow at a CAGR of 10.78% during the period 2025–2033.
- By 2024, Security cameras represented the largest share of the Product market size.
- Smart locks is expected to remain the key growth driver within Product, registering the fastest CAGR during the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Nordic represented 1% of the overall global Smart Home Security Market size.
- United States is projected to lead the global Smart Home Security Market size by 2033.
- Across Europe, Germany is anticipated to hold the dominant position in market size by 2033.
- United Kingdom is forecasted to expand at the fastest pace in Europe, attaining USD 1508.97 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 140.36 Million |
| Market Size In 2033 | USD 352.21 Million |
| Largest segment | Security cameras |
| Units | Revenue in USD Million |
| CAGR | 10.78% (2025-2033) |
| Segmnetation Covered | |
| Product |
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| Deployment |
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| Connectivity |
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| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Nordic Smart Home Security Market Product 2025-2033 (USD Million)
| Product | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Security cameras | XX.x | XX.x | XX.x | 69.38 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Alarm systems | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Door/window sensors | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Smart locks | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nordic Smart Home Security Market Deployment 2025-2033 (USD Million)
| Deployment | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DIY systems | XX.x | XX.x | XX.x | 77.84 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Professionally monitored | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nordic Smart Home Security Market Connectivity 2025-2033 (USD Million)
| Connectivity | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Wi-Fi/cloud | XX.x | XX.x | XX.x | 78.6 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Zigbee/Z-Wave/Proprietary | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.