What Is Driving Global Wireless Video Surveillance Market Growth in 2025: The Role of Role Of IoT Technology In Driving Growth Of The Wireless Video Surveillance Market

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What Will the Wireless Video Surveillance Industry Market Size Be by 2025?
The wireless video surveillance market has seen swift expansion in recent years. The market is projected to rise from $25.48 billion in 2024 to $28.66 billion in 2025, with a compound annual growth rate (CAGR) of 12.4%. The notable growth during the historic period is linked to the speedy development of smart cities, a rise in the demand for systems that offer constant surveillance, the function to record and monitor operations, an increase in disposable income, and obstacles in public management.

What's the Long-Term Growth Forecast for the Wireless Video Surveillance Market Size Through 2029?
The market size for wireless video surveillance is predicted to experience accelerated growth over the coming years. By 2029, it's projected to expand to $43.73 billion with a compound annual growth rate (CAGR) of 11.1%. The expansion projected within this period is due to factors such as the increased demand brought about by urbanization, enhanced uptake of advanced surveillance, an upsurge in the requirement for safety in areas of high risk, the popularity of wireless home video surveillance and the need for remote monitoring and accessibility. Key trends forecasted for this period encompass the rapid 5G technology, product innovations, IoT and AI integrations, partnership and collaboration initiatives, and 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 wireless video surveillance market is predicted to experience significant growth due to the expanding incorporation of IoT technology. IoT, or Internet of Things, is a system composed of interconnected devices, sensors, systems, and objects that interact and exchange information via the internet or other networks. This growing utilization of IoT tech stems from developments in connectivity, reductions in hardware cost, enhanced data analysis ability, and integration with advanced intelligent systems like AI and machine learning. The application of IoT technology in wireless video surveillance expands its functionality, efficiency, and security by facilitating advanced analytics, upgraded connectivity, and remote monitoring. For instance, data from January 2022 showed that the GSM Association, a non-profit industry body based in the UK, predicted that IoT connections would grow to more than 23.3 billion by 2025, a considerable increase from the recorded 15.1 billion in 2021. Therefore, 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?
Leading firms in the wireless video surveillance market are prioritizing innovative technologies like AI-integrated smart home security cameras, in a bid to consolidate their market status. These are essentially surveillance cameras heightened with AI tech to escalate their proficiency beyond standard video supervision. For instance, Abode Systems, a homeland security organisation based in the US, in alliance with Morse Micro, an Australian Wi-fi entity, and Xailient, an American privacy service provider, pioneered the first-ever wireless home security camera imbued with edge-based AI capabilities in January 2024. This is a battery-powered intelligent home security camera which utilizes a Wi-Fi-certified HaLow system-on-chip (SoC) to surmount any transmission hurdles, thereby assuring an unparalleled performance, even in bustling environments teeming with multiple devices and cameras. In addition to that, it also employs a PIR (passive infrared sensor) motion sensor along with AI detection, which draws the camera's attention to significant activities and initiates recording of critical events.

How Is the Wireless Video Surveillance Market Segmented?
The wireless video surveillancemarket 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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