Wireless Monitoring and Surveillance Market 2018 Global Leaders: Aruba networks, Micropower technologies, Panasonic, Honeywell, Axis communications, Bosch security systems, Pelco

Market Research Future published a research report on “Wireless Monitoring and Surveillance Market Research Report- Global Forecast to 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Wireless Monitoring and Surveillance Global Market - Overview

Wireless monitoring and surveillance global market is growing at a significant pace. The major growth driver of wireless monitoring and surveillance market includes growing demand for better & more cost-effective security management, fast-moving growth of network video market and new strict government initiatives on technology compliance among others. According to a recent study report published by the Market Research Future, The global market of Wireless Monitoring and Surveillance is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

The study indicates that the demand for security and improved monitoring solutions has commended the need for better monitoring and surveillance devices. Wireless monitoring and surveillance devices play a significant role for the deployment of improved security systems. The wireless monitoring systems helps in monitoring such places where it is not feasible to include cables. Organizations manufacturing wireless security products also play an important role for monitoring and controlling the wireless operations.

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The study indicates that wireless cameras as a security system are becoming very popular owing to their low connection prices. It has elastic installing options; wireless cameras can be mounted in places earlier unreachable to standard wired cameras. Addition to it the ease of use and suitability of access, wireless safety camera permits operators to control broadband wireless internet to offer seamless video streaming over-internet.

The other aspects contributing to the growth of the Wireless Monitoring and Surveillance Market is increasing implementation of video analytics, increasing demand for installation of video surveillance, usage of high-definition cameras and growing need for security. Also, features such as scalability, flexibility and reliability are boosting the demand of the wireless monitoring and surveillance market. However, factors such as need for storage capacity, growing demand for high resolution pictures and privacy issues are hindering the growth of the wireless monitoring and surveillance market.

Key Players:

Some of the major players in Global Wireless Monitoring and Surveillance Market include Honeywell (U.S.), Axis communications (Sweden), Bosch security systems (Germany), Cisco systems (U.S.), Micropower technologies (U.S.), Pelco (U.S.), Aruba networks (U.S.), Panasonic Corporation (Japan), and D-link (U.S.) Corporation among others.

Market Segmentation

The research report titled ‘Wireless Monitoring & Surveillance Market’ issue by Market Research Future provides profound insights into various sections of the market. One of the most imperative amongst them is the segmental analysis.

• By component – Network nodes, servers, monitoring stations and digital cameras.
• By end users – Banks & financial institutions, transportation, government bodies (municipalities, law enforcement, and military), shopping malls & complexes and educational institutes.
• By technology – IP technologies and video.

Comprehensive Regional Analysis

Some of the central regions that observe its presence are North America, Europe, Asia Pacific and Rest of the World.

After an extensive analysis of the regional trends of all the regions above, the research analysts of MRFR concluded that North America governed the market from a geographical point of view. High adoption rate coupled with the rapid advancement of the security industry in this area drive the growth of this market.

Europe comes second in line and holds the second most significant market share. It is expected to be the fastest growing region and will move ahead at an impressive CAGR throughout the forecast period.

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Industry News

April 26, 2018 – McQ Inc., a leading firm that offers sensor technology & remote monitoring & surveillance services recently joined hands with FreeWave Technologies, an organization that specializes in networking solutions. Together they plan on providing their customers with robust low power video streaming services that will be highly helpful for various verticals of the industrial sector.

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