At 20% CAGR, IP camera Market will reach 20 billion USD by 2024

Thu Jan 10, 2019 - 10:30am UTC

This Global IP camera market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Selbyville, Delaware – January 10, 2019

The IP camera market has been segmented by product into Fixed, PTZ and Infrared systems. Compact design, electronic PTZ functions, built in IR sensors, and environmentally resistant structures are trends driving adoption of IP cameras over their analog counterparts. Deployment of a particular type of camera system depends upon the application need, lens type, lighting, cabling systems, power requirements and required resolution.

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The IP Camera Market report 2017-2024 provides a comprehensive landscape of the industry, accurate market estimates and forecast split by Product, By Connection, By Application and regions. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the IP Camera, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the IP Camera segment competitive environment, diving in to the industry position of each major company along with the strategic landscape.

China IP camera market is expected to witness sharp growth due to the presence of a large number of market players offering low cost solutions in the region. Favorable government initiatives on city surveillance, smart city development and penetration of IoT devices are also expected to fuel the demand. Features such as remote monitoring, live video feed on the mobile, single Power over Ethernet (PoE) connectivity, HD resolution and mobile access are driving demand for such solutions in residential applications. Ease of access, remote operation, scalability and flexibility to add more components are some of the key benefits of IP cameras solutions. 4K video surveillance, HD and megapixel cameras are gaining increased penetration across industry verticals.

The global IP camera market is marked by trends such as need for high resolution, government investments to improve security infrastructure, reduction in total cost of ownership, and rise in demand from non-security applications such as smart home devices. The growing demand for these systems in non-security applications such as integration with access control systems in smart home automation, e-Point of Sale (POS) terminals, Automatic Number-Plate Recognition (ANPR) are poised to offer additional opportunities for the network camera market. Moreover, other factors such as improved sensor availability, new video analytics capabilities, wider adoption of thermal imaging, mobile access, intelligent building control, 360-degree vision and de-warping are contributing immensely towards penetration of the network camera market.

Technological proliferation, ubiquity of internet connectivity and the demand for remote monitoring are expected to drive IP camera market growth over the forecast period. Advancement in technology such as 4K resolution, edge-based video analytics and penetration of H.265 high-efficiency video encoding is also poised to stimulate demand. The growing number of players in the network camera market and availability of low-cost manufacturing has been fueling the growth across the globe. Global terrorist attacks in recent years have highlighted the need for governments to pay more attention to public security. In addition, the dropping IP camera market price trend, has helped shorten the gap with analog systems.

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Outer scope of this report In a recent turn of events, Bosch, a world-leading electronics and engineering company, has made an attempt to advance the usually lengthy camera installation process. Its latest product ‘Flexidome Starlight 8000i Camera’ installs 55 percent to 60 percent quicker than a traditional camera and requires only one person to commission. Considering the huge number of camera installations performed every day globally, this innovation would definitely uplift the business sphere. In this backdrop, it is judicious to mention that the rapid transition in various avenues of camera technology would add considerable momentum to IP camera market growth rate over the coming years.

Notable IP Camera market players comprise Apexis, Arecont Vision, Avigilon, Axis Communications, Belkin, Bosch Security Systems, Dahua Technology, D-Link, GeoVision, Hikvision, Honeywell, Juanvision, March Networks, Mobotix, NetGear, Panasonic, Pelco by Schneider Electric, Samsung, Sony, Toshiba, Tyco International, VideoIQ, Vivotek. Wanscam

The competitive spectrum of the global IP camera market is characterized by technological advancements, product innovations, and market expansion through collaborations among global contenders. The expanding Indian economy is a lucrative market for various players – say for instance, Xiaomi has recently introduced the Mi Home Security Camera 360, to uphold its market presence in the region. Previously, D-Link, a Wi-Fi routers & networking products behemoth, had also introduced its DCS-P6000LH Mini HD camera in the Indian market.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. IP Camera Industry Insights

Chapter 4. IP Camera Market, By Product (Revenue, Shipment)

Chapter 5. IP Camera Market, By Connection (Revenue)

Chapter 6. IP Camera Market, By Application (Revenue, Shipment)

Chapter 7. IP Camera Market, By Region

Chapter 8. Company Profiles

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