Smart Home Camera Business

Business Idea: Start A Smart Home Camera Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$509K
Avg Startup Costs
$22.8K
Avg Revenue
Avg Days To Build
30 days

Consumers use smart home cameras to capture video of or around their homes. This can be done remotely via a smartphone. It can also be used for security purposes.

Starting a home camera business will require some investment, such as equipment, software, and other R&D costs.

The smart home camera market is on fire. The worldwide wireless home security cameras systems market size is projected to reach $18B by 2030. There's a new, exciting, and fast-growing business opportunity.

Revenue & Profitability

How much do smart home camera businesses make?

Examples Of Successful Smart Home Camera Businesses

Successful smart home camera business businesses and case studies

Wyze Labs' CEO and founding members, who met while working at Amazon, have successfully launched their first product, a smart home camera, in October 2017, selling over 300k units within the first six months, using a direct-to-consumer low margin, high volume model along with their strong relationships with suppliers in China.

$1M Monthly Revenue
Read by 21,992 founders

A 21-year-old student from Athens who runs an eCommerce store selling garage door motors in Greece has managed to achieve a turnover of $17,000 a month despite being only 6 months old, which he hopes to boost through increased growth of garage door accessories under his own brand.

$18K Monthly Revenue
$1.5K Startup Costs
Read by 5,743 founders

See full list of successful smart home camera businesses.