Analysis of Wireless Camera Market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Wireless camera is a one stop solution for the messy wires and huge setup of analog camera. These cameras are controlled by internet protocol which transfers images to NVR (Network Video Recorder) which then processes the images and pushes it to cloud storage or the video could be streamed live via smart device.
Wireless camera is a simplified version of analog cameras where the camera is installed at one location and could be controlled remotely from a remote.
Storage over cloud depends on the subscription of cloud space which enhances the overall business of IP cameras.
Wireless security camera has become an integral part of ensuring one’s personal and assets security. Apart from the utilization of products at the domestic level, the camera is also used by the banking sector, defense and myriad industries. Therefore the product sales could be countered as diversified.
Don't Need a Global Report?
Save 40% on Country & Region specific reports
Historical: Every year camera industry generates millions of dollars in revenue. Over the past half-decade, IP camera business has made a fortune of billions of dollars in revenue. The revenue is mostly generated from commercial as well as domestic sector.
Commercial sector: This sector mostly includes banking, defence, aerospace, chemical industries, nuclear plants and others. Need for the wireless camera and rising renting for the excessive space has forced consumers to move towards IP camera over the analog cameras. This has created a lucrative space for the potential entrants in the business over the same period.
Domestic sector: Growing crime rates across developing and developed economies has strengthened the procurement of IP camera from regional governments across the globe.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
This period has proven to be disastrous for IP camera sales growth. Sales of the product has declined by nearly 4% points over the Q2 and Q3 of FY2020. Focus of regional governments towards healthcare industry has also negatively affected the investment portfolio for IP camera.
Strict lockdowns and unemployment has created uneven social loopholes which has enhanced the larceny and robbery across the developing economies. This has strengthened the IP camera demand from the gated communities, societies and individual apartments.
Forecast: Sales forecast of the wireless camera could be assessed over three major terms. Short-run, medium run and long-run.
Short-run: Higher demand for the past half-decade portrays a clear image of strong growth over this term. Price of the product is anticipated to grow by near 1.2X time over this period.
Medium-run: Regional government procurement of wireless camera is anticipated to provide strong trade winds to the wireless camera market.
Long-run: Change in product price and adoption of IP camera substitute to affect the sales over this period.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Asia Pacific wireless camera business has generated multimillion-dollar opportunities over the past half-decade. India among other countries in the region has fared well over the same period. Delhi (Capital of India) Government in 2020 has planned to install 140 hundred thousand CCTV cameras and the tender was won by HIK Vision in 2018. Followed by strong demand growth from India, China is anticipated to provide long-run throttle to the wireless/IP camera market.
Some of the leading manufacturers of the wireless/IP camera are include 10Moon
IP camera providers not only provide camera setup but also services. Services such as cloud storage and other technical services over long-run tend to secure the revenue stance
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Let's Connect -
- Quick Contact -
- Get Started -
Get insights that lead to new growth opportunitiesPre Book
Get A Special pricing for start-ups and universitiesEnquiry Before Buying
- Humble, Yet Honored -
- Research Methodology -
An Adaptive Approach to Modern-day Research NeedsGet Methodology
- Related Reports -
The wireless camera market is likely to capture a CAGR of 12.4% during the forecast period.
The wireless camera market has potential growth with the growing entertainment industry during the forecast period.
Asia Pacific holds most opportunities in the wireless camera market during the forecast period.
Need An Exclusive Report For Your Unique Requirement?