6 Smart Home Camera Business Success Stories [2023]

Updated: July 24th, 2023
Start A Smart Home Camera Business

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.

Here are some real life success stories of starting a smart home camera business:

1. Wyze Cam ($12M/year)

Yun Zhang (from Kirkland, Washington, USA) started Wyze Cam about 6 years ago.

Revenue
$1M / month
Team
4 founders / 30 employees
Location
Kirkland, Washington, USA

Case Study

My name is Yun Zhang and I am the CEO of Wyze Labs, as well as one of the founding members. We founded WYZE Labs in July 2017 and launched our first product, a smart home camera – the Wyze Cam – in October of the same year.

Learn more about starting a smart home camera business:

Where to start?

-> How much does it cost to start a smart home camera business?
-> Pros and cons of a smart home camera business

Need inspiration?

-> Examples of established smart home camera business
-> Marketing ideas for a smart home camera business
-> Smart home camera business names

Other resources

-> Smart home camera business tips

4. TechRadar

The latest technology news and reviews, covering computing, home entertainment systems, gadgets and more

  • Business rank: #606

Check out their full website ➜

D-Link Makes your Smart Home Smarter, Safer and Truly seamless. Get started with our award-winning Smart Home technology, Whole-Home Wi-Fi, IP cameras, , and more today.

  • Website traffic: 1.72M/month
  • Business rank: #13.9K

Check out their full website ➜

6. Wyze

Wyze offers smart home cameras and devices packed with features at a price that is accessible for all. Wyze Cam includes 1080p full HD video, smart motion and sound alerts, and 14-day fee cloud storage at a revolutionary price of $20.

  • Website traffic: 1.77M/month
  • Business rank: #14.3K

Check out their full website ➜

Pat Walls,  Founder of Starter Story
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