IP Cameras Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.
Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- 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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The global IP Cameras market was 9220 million US$ in 2018 and is expected to 22500 million US$ by the end of 2025, growing at a CAGR of 13.6% between 2019 and 2025.
This report studies the IP Cameras market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of IP Cameras in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Bosch Security Systems
Pelco by Schneider Electric
By the product type, the market is primarily split into
Centralized IP Cameras
Decentralized IP Cameras
By the end users/application, this report covers the following segments
Public & Government Infrastructure
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