Wireless Monitoring and Surveillance Market 2019 Global Leaders Overview: Axis communications, Bosch security systems, Micropower technologies, Pelco, Aruba networks, D-link, Honeywell

Market Research Future published a research report on “Wireless Monitoring and Surveillance Market Research Report- Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

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.

Segments

Global Wireless Monitoring and Surveillance Market can be segmented as follows:

• Segmentation by Components: Digital camera, network nodes, servers, and monitoring stations among others.
• Segmentation by Technologies: Video and IP technologies among others.
• Segmentation by End-users: Shopping malls/commercial complex, Banks/financial institutions, Government (Municipalities, Military, law enforcement), Educational institutes, and Transportation among others.

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.

Wireless Monitoring and Surveillance Global Market - Regional Analysis

The global market for wireless monitoring and surveillance is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The regional analysis of wireless monitoring and surveillance market is studied for North America, Europe, Asia-Pacific, and the rest of the world. Among the regions mentioned above, the wireless monitoring system and surveillance have spread its roots in North America and most of Europe. Wireless monitoring systems are rapidly replacing the traditional monitoring and surveillance system. There is a rising need for efficient video surveillance in public as well as private sector across the US, Canada, UK, France, and Germany. There is a close competition between North America and Europe for the dominating region. However, Europe is expected to lead the market by the end of the forecast period due to emerging startups and already established vendors in this region catering to the growing need for effective security measures across the globe. On the other hand, Asia-Pacific is expected to be the fastest growing region. One of the major factors for this fast growth is urbanization and fastest growing emerging economies.

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Intended Audience

• Technology Investors
• Research/Consultancy Firms
• Original Equipment Manufacturers (OEMs)
• Research Organizations and Consulting Companies
• Network Equipment Suppliers
• Electrical Component Manufacturers
• Smart City Solution Providers
• Camera Manufacturers
• Technology Alliance & Forums
• Government
• System Integrators

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