Wireless Security Cameras Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
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Wireless Security Cameras Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
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The Wireless Security Cameras Market is segmented by Type (Box Camera, Dome Camera, PTZ Camera, Bullet Camera, IP Camera, Day/Night Camera, Thermal (FLIR) Camera, Wireless IP Camera, and Others), by Component Type (Hardware, Software, and Video Surveillance as a Service (VSaaS)), by ApplicationType(Commercial, Institutional, Border Security, City Infrastructure, Residential, and Industrial), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The U.K., Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]) – Russia-Ukraine War Impact Analysis and Forecast to 2028.
The Wireless Security Cameras Market is segmented by Type (Box Camera, Dome Camera, PTZ Camera, Bullet Camera, IP Camera, Day/Night Camera, Thermal (FLIR) Camera, Wireless IP Camera, and Others), by Component Type ...
"The Wireless Security Cameras Market is estimated to grow at a healthy CAGR during the forecast period of 2022-2028".
Market Dynamics
Introduction
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 Cameras, Dome Cameras, PTZ Cameras, Bullet Cameras, IP Cameras, and Day/Night Cameras among others.
Market Drivers
The 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.
COVID-19 Impact
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.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Application-Type Analysis
Commercial, Institutional, Border Security, City Infrastructure, Residential, and Industrial
The commercial segment accounted for the largest market share in 2021.
Regional Analysis
North America, Europe, Asia-Pacific, and Rest of the World
North America led the market in 2021 and is expected to have the largest market share during the forecast period.
By Application Type
"The commercial application accounted for the largest market share in 2021".
The wireless security cameras market has been segmented 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.
Regional Analysis
"North America led the market in 2021, while the Asia-Pacific region is forecasted to have the highest CAGR".
The North American market accounted for the largest share in 2021 and is expected to grow at a significant CAGR during the forecast 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 forecast period on account of increasing product adoption with rising cases of theft and crimes particularly in India, China, and Southeast Asian countries.
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Key Players
The following are the key players in theWireless Security Cameras Market(arranged alphabetically)
Amcrest Industries LLC (US)
Dropcam, Inc. (US)
Funlux (US)
Logitech International S.A. (Switzerland)
Lorex Technology Inc. (Canada)
Netgear, Inc. (US)
YI Technology (China)
ZOSI Technologies Co., Ltd. (China)
Zmodo (China)
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Report Features
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.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Wireless Security Cameras Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research:
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A wireless security camera is a closed-circuit television camera that transmits video and audio signals to a wireless receiver via radio waves, though it often requires at least one cable for power.
The growth of the wireless security cameras market is fueled by rising crime rates and the demand for advanced technology across various sectors like commercial, residential, and border security.
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.