MarketResearchNest.com
adds “Global IP Cameras Market Growth
2019-2024”new report to its research database.
Internet protocol camera, or IP Cameras, is a type of
digital video camera commonly employed for surveillance, and which, unlike
analog closed circuit television (CCTV) cameras, can send and receive data via
a computer network and the Internet. Although most cameras that do this are
webcams, the term "IP Cameras" or "netcam" is usually
applied only to those used for surveillance. The first centralized IP Cameras
was Axis Neteye 200, released in 1996 by Axis Communications.
Currently, IP Cameras is widely accepted in developed
markets and the adoption rate is expected to increase in developing markets
such as Asia-Pacific. Increasing exposure to Internet Protocol along with 3G
and 4G networks will further increase use of mobile platforms in most of the
sectors especially in the surveillance systems. The other crucial drivers for
this market are real-time access, video analytics, technological innovations,
integration of wireless technologies, and affordability of surveillance,
government initiatives and security concern. However, factors like lack of
awareness and privacy concerns are lowering the adoption of IP Cameras. Lower
technological awareness among the population and uncertainty in the government
regulations is hindering market growth rate to a certain extent.
The IP Cameras market is fragmented in nature, as various
components are manufactured by different manufacturers. This decreases the
bargaining power of supplier, as cost switching is possible among the
consumers. Moreover, technological innovation can be considered as a principal
strategy to increase bargaining power of suppliers. Competitive rivalry among
market players is observed to be very high mainly due to large number of small
to medium players competing with each other in order to increase its market
share and relevance.
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According to this
study, over the next five years the IP Cameras market will register a 13.9%
CAGR in terms of revenue, the global market size will reach US$ 17700 million
by 2024, from US$ 9220 million in 2019. In particular, this report presents the
global market share (sales and revenue) of key companies in IP Cameras
business, shared in Chapter 3.
This report presents a comprehensive overview, market
shares, and growth opportunities of IP Cameras market by product type, application,
key manufacturers and key regions and countries.
This study considers
the IP Cameras value and volume generated from the sales of the following
segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
Centralized
IP Cameras
·
Decentralized
IP Cameras
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Residential
Use
·
Commercial
Use
·
Manufacturing/Factory
Use
·
Public
and Government Infrastructure
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel,
Turkey, GCC Countries
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The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Hikvision
·
Dahua
·
Axis Communications
·
Panasonic
·
NetGear
·
Bosch Security Systems
·
Pelco by Schneider Electric
·
Honeywell
·
Vivotek
·
Sony
·
Avigilon
·
Mobotix
·
Arecont Vision
·
Belkin
·
GeoVision
·
Toshiba
·
Juanvision
·
D-Link
·
Wanscam
·
Apexis
In addition, this
report discusses the key drivers influencing market growth, opportunities, the
challenges and the risks faced by key players and the market as a whole. It
also analyzes key emerging trends and their impact on present and future
development.
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Research objectives
·
To study and analyze the global IP Cameras
consumption (value and volume) by key regions/countries, product type and
application, history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of IP Cameras market
by identifying its various subsegments.
·
Focuses on the key global IP Cameras
manufacturers, to define, describe and analyze the sales volume, value, market
share, market competition landscape, SWOT analysis and development plans in
next few years.
·
To analyze the IP Cameras with respect to
individual growth trends, future prospects, and their contribution to the total
market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of IP Cameras
submarkets, with respect to key regions (along with their respective key
countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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