Consumer spending for smart home surveillance cameras will grow at 9.1 percent CAGR from $7.0 billion in 2018 to $9.7 billion by 2023, according to research firm,
Strategy Analytics. They also forecast those unit sales will more than double over this period from 54 million in 2018 to 120 million in 2023. Competitive pressures will
drive down prices subduing revenue growth.
HICO TECH will Seize the market opportunities and develop more smart AI cameras for Global users in 2023.
