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Wireless Security Cameras Market Report
Wireless Security Cameras Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-2028
The Wireless Security Cameras Market is estimated to grow from USD xx billion in 2021 to USD xx billion by 2028 at a healthy CAGR of x% during the forecast period of 2022-2028.
Wireless security camera can be defined as closed-circuit television camera which transmit a video and audio signal to a wireless receiver through a radio band. Various wireless security cameras require at least one cable or wire for power. Wireless security cameras can be powered using a wireless transmitter or batteries. Wireless security cameras consist of various components including hardware, software, and video surveillance as a service (VSaaS). Some of the commonly available wireless security cameras include Box Camera, Dome Camera, PTZ Camera, Bullet Camera, IP Camera, and Day/Night Camera among others.
The global growth of wireless security cameras market size is primarily driven by widespread product usage across verticals including commercial buildings, residential buildings, and border security among others. Increasing crime rates have resulted in a significant increase in the adoption of wireless security cameras. In addition to this, the rising demand for technologically advanced security cameras is likely to create lucrative opportunities for the players operating in the global market.
The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of wireless security cameras declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus. However, the product demand after ease of trade restrictions as it helps the users to monitor everything at home.
Key players operating in the Wireless Security Cameras Market are-
Based on application, the wireless security cameras market has been divided into commercial, institutional, border security, city infrastructure, residential, and industrial. The commercial application accounted for the largest market share in 2021. The segment growth can be attributed to increasing incidences of crimes and thefts across the geographies.
By region, the North American Wireless Security Cameras market accounted for the largest share in 2021 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the widespread product usage across verticals in the region particularly in the US due to the high rate of crime incidences. The market growth in the Asia-Pacific region is expected to grow at the highest CAGR during the review on account of increasing product adoption with rising cases of theft and crimes particularly in India, China, and Southeast Asian countries.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The target audience of Wireless Security Cameras Market includes-
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
Dropcam, Inc. (US), Amcrest Industries LLC (US), YI Technology (China), Lorex Technology Inc. (Canada), Logitech International S.A. (Switzerland), Zmodo (China), Funlux (US), ZOSI Technologies Co., Ltd. (China), Netgear, Inc. (US) are among the key players in the wireless security camera market.
Wireless Security Cameras Vendors, Wireless Security Cameras Manufacturers, Wireless Security Cameras Distributors, Organizations, Government Bodies are the target audience in the wireless security camera market.
Widespread product usage across verticals including commercial buildings, residential buildings, and border security; increasing crime rates; the rising demand for technologically advanced security cameras are the factors driving the growth of market.
The commercial application accounted for the largest share in the market in 2021.
North America accounted for the largest share in the market in 2021.
Asia-Pacific region is expected to grow at the highest CAGR in the market in the next five years.
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