IP Camera Market Trends to 2024 | key vendors: Arecont Vision, Avigilon, Axis Communications, Belkin International, Bosch Security and Safety Systems, Dahua Technology, Hikvision, March Networks, MOBOTIX, NETGEAR, Panasonic, Pelco, Toshiba, Tyco

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.

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These systems have direct connectivity to the internet, therefore, concern among the public regarding data security and privacy could negatively impact IP camera market growth. In addition, these surveillance market solutions are not only expensive, but also pose risk of being vulnerable to destruction and vandalism, thereby hindering growth in developing regions.

Some of the key vendors of market include Apexis, Arecont Vision, Avigilon, Axis Communications, Belkin, Bosch Security Systems, Dahua Technology, D-Link, GeoVision, Hikvision, Honeywell Security, Juanvision, March Networks, Mobotix, NetGear, Panasonic, Pelco by Schneider Electric, Samsung Techwin, Sony Professional, Toshiba, Tyco International, VideoIQ, Vivotek, Wanscam.

IP Camera Market, By Product
• Fixed
• PTZ
• Infrared

IP Camera Market, By Connection
• Centralized
• Decentralized

IP Camera Market, By Application

• Residential
• Home security
• Smart home
• Commercial
• Retail
• Industrial
• Healthcare
• Real Estate
• Others
• Public / Government
• Transportation
• BFSI
• Education
• Government facilities
• Others

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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Centralized connectivity in the IP camera market offer basic analytics, video encoding and event triggering functions. Processing functions are carried by the central computer that runs on licensed software. Such solutions are primarily useful for the institutional setting and places where there is a dedicated central monitoring system. However, decentralized connectivity solutions do not require dedicated software and can run individually with built in storage, with the segment expected to grow at a CAGR of over 20%. Decentralized IP cameras are more expensive than centralized solutions, however offer higher flexibility in terms of operation and storage.

The U.S. IP camera market dominated the global industry in 2016 owing to the fast pace of technology adoption and presence of large number of players in the region. Increasing demand for advanced workplace surveillance solutions and demand from small installations are expected to drive revenue growth in the regions.

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Asia-Pacific IP camera market led the market in 2016 and is expected to occupy more share over the forecast period owing to the rising penetration of these devices in countries including China, India, Australia, Singapore, Japan etc coupled with the growing surveillance market. The region is expected to exhibit strong growth over the next six years owing to favourable infrastructure trends and government initiatives such as Smart City projects in India, Thailand. Availability of low cost solutions especially in China and Taiwan expected to drive demand for these solutions in the region.

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Thermal Imaging Market Size By Product (Handheld/Portable Camera, Fixed/Mounted Core, Scopes & Vision Goggles), By Technology (Cooled, Uncooled), By End-Use (Automotive, Commercial, Government & Defense, Healthcare & Life Science, Industrial, Residential), By Application (Detection & Measurement, Monitoring & Inspection, Personal Vision System, Search & Rescue, Security & Surveillance), Industry Analysis Report, Regional Outlook , Application Potential, Competitive Market Share & Forecast, 2018 - 2024

https://www.gminsights.com/industry-analysis/thermal-imaging-market

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