IP Camera Market Size Is Projected To Reach USD 32.63 Billion By 2030


 San Francisco, 25 July 2023: The Report IP Camera Market Size, Share & Trends Analysis Report By Component (Hardware, Services), By Product Type, By Connection Type, By Application, By Region, And Segment Forecasts, 2022 - 2030

The global IP camera market size is expected to reach USD 32.63 billion by 2030, growing at a CAGR of 14.1% over the forecast period, according to a new study conducted by Grand View Research, Inc. The demand for internet protocol (IP)-based camera systems increases due to the constant development of infrared cameras and the adoption of IoT in video surveillance. With an increasing number of home burglaries and squatting, residential security is one of the top concerns of homeowners. The rising smartphone user base and the availability of installment-based security solution subscriptions promise robust growth in the residential market.

Home security concerns are growing along with the connected ability to alert security services, and the comparatively low cost of home security continues to impact the market's growth positively. These cameras help users respond immediately to any incursions inside buildings, abandonment of suspicious materials, and loitering & trespassing by persons and vehicles, as it also has built-in video intelligence.

IP cameras protect personnel, property, or information as they are employed in various organizations. These are also widely deployed in commercial and residential properties. The spread of COVID-19 globally continues to have a significant impact on the electronics industry as well, resulting in changes in consumer preference over time. The changes in preferences, disposable income, and purchasing habits have added volatility in the global economy. This has led to uncertainty on the demand side in the internet protocol camera market.

Asia Pacific is anticipated to dominate the global market in 2021 due to increasing awareness and adoption rate of network cameras. The impact of government legislation and investments also continues to boost the market growth in the region. There are several significant components provider in the area which dominates globally. For instance, in 2019, the Chinese police started the installation of new surveillance technology that helps the local authority identify potential suspects by their body language, and demeanor. The technology used by the Chinese police identifies individuals based on their body shape and movement from around a 50-meter distance. Government officials use advanced technology such as AI-based security solutions that help them improve their surveillance operations.

Access Research Report of IP Camera Market @ https://www.grandviewresearch.com/industry-analysis/ip-camera-market-report

IP Camera Market Report Highlights 

  • The hardware component has the largest market share in the IP camera industry owing to the technological advancements that make the surveillance camera programmable to features such as zooming in on scam items to identify harmful equipment
  • The infrared camera type of product is expected to address the highest market revenue by the end of 2030
  • The distributed connection type is anticipated to attain a higher CAGR during the forecast period due to its several benefits. This system has the data dispersed throughout, usually close to where it is produced or used
  • North America is the leading region in the IP camera industry as there is a rising demand for complex workplace surveillance systems and modest installation, which simultaneously fuels demand for the IP camera industry

IP Camera Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 11,359.1 million

Revenue forecast in 2030

USD 32.63 billion

Growth rate

CAGR of 14.1% from 2022 to 2030

Base year for estimation

2021

Historical data

2018 - 2020

Forecast period

2022 - 2030

List of Key Players in the Internet Protocol (IP) Camera Market

  • 3DEYE Inc.
  • Arecont Vision Costar LLC
  • Avigilon Corporation
  • Belkin International Inc.
  • Bosch Security Systems GmbH
  • CAMERAFTP
  • CAMCLOUD
  • D-Link Corporation
  • EOS Digital Services
  • GEOVISION Inc.
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Honeywell International Inc.
  • Johnson Controls
  • Kintronics Inc.
  • Matrix Comsec
  • Panasonic Corporation
  • Pro-Vigil
  • Samsung Electronics Co. Ltd.
  • Schneider Electric SE
  • Sony Corporation
  • Stealth Monitoring
  • TYCO
  • Vivotek Inc.

Access Press Release of IP Camera Market @ https://www.grandviewresearch.com/press-release/global-ip-camera-market

 

 

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

Food Additives Market Size & Share Hit USD 55.53 Billion By 2022 : Grand View Research Inc.

Image
San Francisco, 17 October 2019:   The Report   Global Food Additives Market   Analysis By Product Flavors & Enhancers (Natural, Artificial), Sweeteners (High Intensity, HFCS), Enzymes, Emulsifiers (Mono, Di-Glycerides, Lecithin, Stearoyl Lactylates, Sorbitan Esters), Shelf-life Stabilizers, Fat Replacers (Protein, Starch)] And Segment Forecast To 2022 Global food additives market is expected to reach USD 55.53 billion by 2022, according to a new study by Grand View Research, Inc. Food & beverage industry growth in BRICS and Middle East on account of rising domestic consumption and increasing foreign direct investments is expected to augment market growth. Asia Pacific is expected to be one of the most promising markets on account of growing domestic consumption in China and India owing to population growth and new product launches by food & beverage manufacturers. Availability of raw materials such as sorbitol and lactic acid in China, Indonesia, and Malaysia in light o
Read more

Integration Platform as a Service Market Valuation Is Expected To Exceed USD 2.70 Billion By 2025: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Integration Platform as a Service (IPaaS) Market  Analysis By Integration Type (API, Process, Application, Data), By Services, By Deployment (Cloud, On-Premise, Hybrid) By Region, And Segment Forecasts, 2018 – 2025 The global integration platform as a service (IPaaS) market is expected to reach USD 2.705.8 million by 2025, according to a new report by Grand View Research, Inc. Rising need of advanced systems to improve the process of deploying, developing, and managing enterprise applications globally has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) within organizations’ processes also paved the way for greater development of IPaaS solutions. Integration Platform as a Service is an emerging technology where in the applications, process, data, and application programs are integrated. The integration enables enterprises to reduce the complexity
Read more