Press release
Internet Protocol Camera Market Share: Global Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Forecast to 2027 - Axis Communications, Panasonic, Dahua, Bosch Security Systems
The Internet Protocol Camera Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Internet Protocol Camera Market Size is Projected to Reach at a CAGR of 18% during 2021-2027.
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Market Overview:
Interactive product releases and new product launches in addition to ongoing research & development (R&D) and innovation activities within the camera and networking technology are some of the key strategic initiatives adopted by market players. Remote monitoring, easy installation, cost-effective, and limitless storage capabilities have boosted the adoption of cameras across various industry verticals. Improvement in memory device capacities, like server virtualization, decentralized storage solid-state devices (SSD), and adoption of H.264 Advanced Video Coding standard, will drive the expansion of the market. Users can view videos and pictures through any computer connected to the web (WAN) or within an area network (LAN) from anywhere within the world. These systems allow a better degree of scalability and adaptability compared to an analogue closed-circuit CCTV camera. The two major restraints in the growth of this market will be the cybersecurity issues as this is a completely online system so this might get hacked and also the high cost of installation and implementation.
Top Leading Companies:
Hikvision, Axis Communications, Panasonic, Dahua, Bosch Security Systems, Sony, Samsung, Avigilon, Pelco, Honeywell, Mobotix, GeoVision, Belkin, NetGeat, Vivotek, D-Link, Arecont Vision, Toshiba, Juanvision, Apexis
Recent Development:
March 2020 - Axis Communications has launched a new addition to its AXIS M30 Network Camera Series. AXIS M3068-P is a 12 MP mini-dome that provides up to 15 fps with Forensic WDR, whereas AXIS M3067-P is a 6 MP camera that provides up to 30 fps with Forensic WDR and has Lightfinder technology, which offers 360° panoramic views with no blind spots.
January 2020 - Bosch launched the IP 3000i portfolio which is available in micro dome, mini-dome, bullet, and turret options for indoor and outdoor use. This new camera range offers complete flexibility for everyday surveillance in standalone All Bosch IP 3000i outdoor camera models are rated IK10 for high impact resistance and can withstand challenging weather conditions because of their IP66 rating. The cameras offer built-in video analytics as standard and are built for high-quality performance and designed for easy installation.
Internet Protocol Camera Market Segmentation by Type:
Centralized Internet Protocol Camera
Decentralized Internet Protocol Camera
Internet Protocol Camera Market Segmentation by Application:
Residential Use
Commercial Use
Manufacturing/Factory Use
Public & Government Infrastructure
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North America is expected to Showcase Significant Market Growth
In the United States, after the 9/11 terror attacks, there has been a significant rise in the demand for effective security and surveillance system. Recently, Memphis Police Department (MPD) has teamed up with Hangzhou Hikvision Digital Technology, a supplier of innovative video surveillance products, to deploy holistic security solutions to ensure the safety of the residents of Memphis.
Stadium operators are using advanced network surveillance Systems to monitor every corner of the stadium. The famous "Little League World Series" had tied up with Axis communications for implementing effective video surveillance solutions.
The increasing adoption of facial surveillance is another factor that is expected to drive market growth over the forecast period. Detroit and Chicago have adopted facial surveillance, and Detroit's million-dollar system has the ability to scan live video from cameras located at businesses, health clinics, schools, and apartment buildings, thus, helping the police
The integration of video surveillance solutions in the transportation industry is one of the major trends observed in this region.
Regional Internet Protocol Camera Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Internet Protocol Camera Market Report:
Detailed overview of Internet Protocol Camera Market
Changing the Internet Protocol Camera market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Internet Protocol Camera market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Internet Protocol Camera Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Internet Protocol Camera Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Internet Protocol Camera industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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