NEW YORK,
July 3,
2024 /PRNewswire/ -- The global internet
protocol (IP) camera market size is estimated to grow by
USD 24.61 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 26.14% during the forecast period. Increasing demand for video
surveillance systems is driving market growth, with a trend towards
rise of 5g technology. However, security concerns poses a
challenge. Key market players include 360 Vision Technology
Ltd., Anviz Global Inc., CAMSTAR USA, Canon Inc., Cisco Systems Inc., Costar
Technologies Inc., CP PLUS International, DDC Group, Delta
Electronics Inc., D Link Corp., Guangzhou Juan Intelligent Joint
Stock Co. Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., i
PRO Co. Ltd., Motorola Solutions Inc., Moxa Inc., Robert Bosch
GmbH, Shenzhen Apexis Electronic Co. Ltd., Sony Group Corp., Dahua
Technology Co. Ltd., and Zhejiang Uniview Technologies Co.
Ltd..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Connectivity
(Centralized IP camera arrangement and Decentralized IP camera
arrangement), Type (Commercial, Residential, and Government), and
Geography (North America, Europe, APAC, South America, and Middle
East and Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
360 Vision Technology
Ltd., Anviz Global Inc., CAMSTAR USA, Canon Inc., Cisco Systems
Inc., Costar Technologies Inc., CP PLUS International, DDC Group,
Delta Electronics Inc., D Link Corp., Guangzhou Juan Intelligent
Joint Stock Co. Ltd., Hangzhou Hikvision Digital Technology Co.
Ltd., i PRO Co. Ltd., Motorola Solutions Inc., Moxa Inc., Robert
Bosch GmbH, Shenzhen Apexis Electronic Co. Ltd., Sony Group Corp.,
Dahua Technology Co. Ltd., and Zhejiang Uniview Technologies Co.
Ltd.
|
Key Market Trends Fueling Growth
The 5G-enabled IP camera market is experiencing significant
growth due to the introduction of next-generation wireless
networks. These cameras transmit audio and video signals over 5G
networks, offering faster and higher quality video. A limited
number of these cameras are currently available, but their
popularity is expected to increase. Integrations and applications
will become wider, making mobile applications more effective and
user-friendly. These technological advancements will drive the
expansion of the global IP camera market.
The IP camera market is experiencing significant growth with
technologies such as motion detection, Surveillance, and
high-definition (HD) video becoming standard features. Commerical
and industrial sectors are major buyers, utilizing IP cameras for
security purposes. The use of analytics and artificial intelligence
(AI) is also increasing, enabling cameras to identify specific
objects or activities. Urban areas and smart cities are adopting IP
cameras for public safety and traffic management. The video
analytics market is expected to grow, providing opportunities for
camera manufacturers to offer value-added services. The market is
competitive with players focusing on innovation and
cost-effectiveness. The use of cloud storage and remote access is
also driving demand for IP cameras.
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Market Challenges
- The IP camera market faces significant challenges related to
privacy and data protection concerns. With the increasing use of IP
cameras in public places, there are growing concerns over potential
breaches of privacy and security. Manufacturers must prioritize
robust security features to mitigate cyber threats. Extensive video
surveillance raises questions about the balance between legitimate
monitoring and intrusion, challenging constitutional rights such as
anonymity and freedom of expression. These concerns may hinder
market growth during the forecast period.
- The Internet Protocol (IP) camera market faces several
challenges. Technology advances such as Segment, Hardware, and
Application drive innovation. However, security concerns, including
password protection and encryption, remain a significant challenge.
Additionally, the need for high-definition video and real-time
transmission adds complexity. Compatibility issues with various
operating systems and networks also pose challenges. Furthermore,
cost-effective solutions are required to cater to the growing
demand for affordable IP cameras. The market requires continuous
improvement in image quality, connectivity, and ease of use to meet
customer expectations.
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challenges - Download a Sample Report
Segment Overview
This internet protocol (ip) camera market report extensively
covers market segmentation by
- Connectivity
- 1.1 Centralized IP camera arrangement
- 1.2 Decentralized IP camera arrangement
- Type
- 2.1 Commercial
- 2.2 Residential
- 2.3 Government
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Centralized IP camera arrangement- The IP camera
market is experiencing significant growth due to the increasing
demand for remote surveillance and security solutions. Businesses
are investing in these technologies to enhance security and improve
operational efficiency. IP cameras offer advantages such as
high-definition video, remote access, and easy integration with
other systems. As a result, the market is expected to continue
expanding, providing opportunities for businesses to upgrade their
security infrastructure.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Internet Protocol (IP) Camera Market encompasses the latest
trends and advancements in video surveillance technology. IP
cameras, a crucial component of modern security systems, connect to
the Internet and transmit data using Internet Protocol. These smart
devices are increasingly popular in both residential and commercial
structures, providing real-time video analytics for security
purposes. In metropolitan cities, IP cameras are employed for video
surveillance in various applications, including home burglaries and
squatting prevention. IoT technologies, such as infrared cameras
and HDBaseT, enhance the functionality and energy efficiency of IP
cameras, making them suitable for outdoor conditions. Wired
Ethernet and IEEE 802 standards ensure seamless connectivity and
reliable data transmission. IP surveillance cameras offer
significant benefits, including improved security, remote access,
and cost savings, making them an essential tool for healthcare
professionals and businesses alike.
Market Research Overview
The Internet Protocol (Ip) Camera Market refers to the global
industry that produces and distributes IP cameras for surveillance
and security purposes. These cameras digitally transmit data over a
network, enabling remote monitoring and real-time access. The
market is driven by the increasing demand for advanced security
systems, the proliferation of the Internet of Things (IoT), and the
growing adoption of cloud-based services. Key features of IP
cameras include high-definition video, night vision, motion
detection, and two-way audio. The market is segmented by type,
application, and region. The types of IP cameras include bullet,
dome, and PTZ cameras. The applications include residential,
commercial, and industrial sectors. The market is expected to grow
significantly in the coming years due to the increasing need for
security and the ongoing digital transformation.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Connectivity
-
- Centralized IP Camera Arrangement
- Decentralized IP Camera Arrangement
- Type
-
- Commercial
- Residential
- Government
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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