What’s Driving the IP Camera Market Trends? | Key Companies are Avigilon, Axis Communications, Belkin International, Bosch Security and Safety Systems, Hikvision, March Networks, MOBOTIX AG, NETGEAR, Panasonic, Toshiba, Tyco

IP Camera Market is projected to exceed USD 20 billion by 2024. Growing need for intelligent security systems in the light of increasing criminal activities is expected to propel network camera market growth. Instances of illicit drug dealing, robbery, and terrorist activities are increasing owing to the worsening economic conditions and unemployment. This has resulted in the tightening of security across household, industrial, and commercial sectors. This is expected to accelerate the demand for these devices over the forecast timespan.

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The key players covered in IP Camera Market study: -
1. Arecont Vision
2. Avigilon
3. Axis Communications
4. Belkin International
5. Bosch Security and Safety Systems
6. Dahua Technology Co. LTD
7. D-Link
8. GeoVision
9. Hikvision
10. March Networks
11. MOBOTIX AG
12. NETGEAR
13. Panasonic
14. Pelco by Schneider Electric
15. Toshiba
16. Tyco

Some Points From Table Of Content: -

Chapter 3. IP Camera Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Video surveillance landscape
3.2.1.1. Video surveillance market size & forecast, 2013 – 2024
3.2.2. Security system landscape
3.2.2.1. CCTV
3.2.2.2. IP
3.2.2.2.1. Average lifespan of IP camera
3.2.2.3. Types of security cameras
3.2.2.3.1. Dummy
3.2.2.3.2. Dome
3.2.2.3.3. Hidden
3.2.2.3.4. Bullet
3.2.2.3.5. Box
3.2.2.4. Factor affection cost of security cameras
3.2.2.5. Global security camera market & forecast, 2013 – 2024 (Installed base)
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Contract Manufacturers
3.3.3. OEMs
3.3.4. Distributors
3.3.5. Resellers & system integrators
3.3.6. End-use landscape
3.3.7. Vendor matrix
3.4. Technology landscape
3.4.1. Evolution of IP cameras
3.4.1.1. Technology aspect breakdown
3.4.2. IoT
3.4.3. Artificial intelligence
3.4.4. Video analytics
3.4.5. Deep learning technology
3.5. Price trend analysis, 2013 – 2024
3.5.1. Regional
3.5.2. Product
3.5.2.1. Fixed
3.5.2.2. PTZ
3.5.2.3. IR
3.6. Cost structure analysis
3.6.1. Camera
3.6.2. Software & other equipment
3.6.3. Installation
3.7. Regulatory landscape
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.1.1. Rising security threats in the U.S.
3.8.1.2. Evolution of manufacturing practices in the UK
3.8.1.3. Favourable infrastructure trends in Asia Pacific
3.8.1.4. Shift in demand from analog to IP cameras in the GCC and Brazil
3.8.1.5. Declining prices of security cameras in Taiwan and China
3.8.1.6. Increasing adoption of commercial security in Middle East
3.8.2. Industry pitfalls and challenges
3.9. Growth potential analysis

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IP camera market is expected to gain traction over the next seven years owing to the increasing use of these devices in applications such as senior citizen monitoring, baby monitoring, and pet monitoring. Customers prefer a cost-effective option of IP cameras over the costlier baby or nanny cams. These devices enable the parents to view their child’s activity through web-enabled smartphone, laptops, or iPads. Furthermore, these devices are being widely used by small businesses such as a small retail stores or small warehouses as these require low-cost investment and easy installation.

These devices are being increasingly used in solving crimes and providing growth prospects in both public and private spaces. The videos captured by these devices are considered as the legal proof to investigate crimes in several countries including the UK, the U.S., India, and China. The effectiveness of these systems to deter crime has increased the adoption of these devices drastically. In June 2017, a lawyer based in the U.S. used these devices to call the emergency helpline when his security system notified him of two suspects entering his house. Such instances are providing ample growth opportunities for the IP camera market.

Commercial IP camera market is expected to gain momentum over the forecast time span owing to growing applications in industries, retail stores, and healthcare & educational institutions. Commercial buildings are becoming equipped with Wi-Fi networks, which makes it easier to install these devices for enhanced security. Penetration of technologies, such as cloud back-up and artificial intelligence, is expected to increase the adoption of network camera market across commercial applications.

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