2025 Wireless Video Surveillance Market Outlook: Key Indicators Shaping Growth Through 2034

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What Will the Wireless Video Surveillance Industry Market Size Be by 2025?
Over the past few years, the market size of wireless video surveillance has seen a swift expansion. It is projected to rise from a valuation of $25.48 billion in 2024 to an estimated $28.66 billion in 2025, marking a compound annual growth rate (CAGR) of 12.5%. This considerable growth during the historic period is due to various factors such as the fast-paced development of smart cities, an increased demand for immediate surveillance systems, the ability to monitor and record events, a rise in disposable income, and difficulties in public administration.

What's the Long-Term Growth Forecast for the Wireless Video Surveillance Market Size Through 2029?
Expectations are high for a substantial acceleration in the growth of the wireless video surveillance market in the upcoming years. The market is predicted to swell to $45.32 billion by 2029, boasting a compound annual growth rate (CAGR) of 12.1%. This anticipated growth during the forecast period can be linked to several factors such as the surge in urbanization needs, the escalated adoption of sophisticated surveillance systems, heightened safety requirements in high-risk areas, the popularity of wireless video surveillance in homes, and the need for remote monitoring and access. Key trends to lookout for during this period include the advancement of 5G technology, product novelties, the incorporation of IoT and artificial intelligence, collaborative efforts and partnerships, along with the advent of new technologies in the video surveillance sector.

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What Are the Key Growth Drivers Fueling the Wireless Video Surveillance Market Expansion?
The growth of the wireless video surveillance market is poised to be fueled by the escalating integration of IoT technology. The Internet of Things (IoT) represents a group of interlinked devices, objects, sensors, and systems that can communicate and share data via the internet or other networks. The growing adoption of IoT technology is propelled by developments in connectivity, cheaper hardware, data analysis capabilities, AI integration, and machine learning. IoT technology allows artificial intelligence (AI) and deep machine learning (ML) to be incorporated into video surveillance systems, permitting sophisticated video analytics. The inclusion of IoT technology in wireless video surveillance advances its efficacy, security, and functionality, enabling improved connectivity, advanced analytics, and remote monitoring. For example, data from the GSM Association, a not-for-profit industry organization based in the UK, predicted in January 2022 that the quantity of Internet of Things (IoT) connections would surpass 23.3 billion by 2025, a significant increase from the 15.1 billion connections documented in 2021. Hence, the escalating incorporation of IoT technology propels the growth of the wireless video surveillance market.

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What Are the Key Trends Driving Wireless Video Surveillance Market Growth?
Key players in the wireless video surveillance industry are concentrating on novel technologies like AI-enabled smart home security cameras to consolidate their presence in the market. These are surveillance cameras featuring artificial intelligence (AI) functionality that heightens their capabilities beyond conventional video monitoring. For instance, in January 2024, Abode Systems, an American firm specializing in home security systems, partnered with Morse Micro, an Australian Wi-Fi company, and Xailient, a US-based privacy service provision company, to unveil the first-ever wireless home security camera powered by AI-at-the-edge technology. This device, a battery-operated smart home security camera, utilizes a Wi-fi-certified HaLow system-on-a-chip (SoC) to overcome transmission barriers and deliver unparalleled performance, even in congested environments with multiple devices and cameras. Furthermore, it employs a PIR (passive infrared sensor) motion sensor which works in conjunction with AI detection to alert the camera to significant activity and initiate recording at critical moments.

How Is the Wireless Video Surveillance Market Segmented?
The wireless video surveillance market covered in this report is segmented -

1) By Component: Hardware, Services
2) By Customer Type: Business-to-business, Business-to-customer
3) By Application Type: Infrastructure, Residential, Commercial, Military, Other Applications

Subsegments:
1) By Hardware: Wireless Cameras, Wireless Network Video Recorders, Wireless Sensors And Detectors, Storage Devices (Cloud Storage, Local Storage), Wireless Transmitters And Receivers, Access Control Devices
2) By Services: Installation And Integration Services, Monitoring And Surveillance Services, Cloud Storage And Data Management Services, Maintenance And Support Services, Consulting And Training Services

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Which Companies Are Leading the Charge in Wireless Video Surveillance Market Innovation?
Major companies operating in the wireless video surveillance market report are Samsung Electronics Co. Ltd.; Robert Bosch GmbH; Panasonic Corporation; Cisco Systems Inc.; Canon Inc.; Tyco International; Hangzhou Hikvision Digital Technology Co. Ltd.; Honeywell Security; Motorola Solutions Inc.; Zhejiang Dahua Technology Co. Ltd.; FLIR Systems Inc.; Axis Communications AB; IDIS; Vivotek Inc.; Genetec; Infinova Group; D-Link Corporation; Eagle Eye Networks Inc.; Pro-Vigil; Qognify Inc.; Ivideon; Advancis Software & Services GmbH; CP PLUS; Vantage Security Ltd.; Camcloud; Eyeforce Inc.

Which Regions Are Leading the Global Wireless Video Surveillance Market in Revenue?
North America was the largest region in the wireless video surveillance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless video surveillance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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