In November 2023, sales of monitoring electronic cameras in the Chinese online market reached 2.16 million systems, marking a year-on-year development of 14.4%, as reported by marketing research company RUNTO. The sales earnings totaled up to RMB 450 million ($63 million), showing a year-on-year decrease of 10.7%. RUNTO showed that monitoring electronic cameras were the sole classification in China’s clever home gadgets market to experience year-on-year development in sales volume throughout November. The increased need for security cam items is credited to increased customer awareness of home security, competitive system rates, and advertising occasions on China’s Singles’ Day (Nov. 11), according to the report. Xiaomi, Jooan, and Ezviz protected the leading 3 positions in the sales chart, with market shares reaching 12.7%, 11.1%, and 7.9%, respectively.[[RUNTO, in Chinese]
Surveillance camera sales in Chinese online market surge 14.4% y-o-y in November
