Global IP Camera
Market Report
2024
IP Camera market was valued at USD 9.81 billion in 2022 and is projected to reach USD 29.02 billion by 2030, registering a CAGR of 14.52 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The global IP Camera market was valued at USD 9.81 billion in 2022 and is projected to reach USD 29.02 billion by 2030, registering a CAGR of 14.52 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global IP Camera Market Sales Revenue 2022 | $ 9.81 Billion |
Global IP Camera Market Sales Revenue 2030 | $ 29.02 Billion |
Global IP Camera Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 14.52% |
Market Split by Product Type |
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Market Split by Connection Type |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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IP Camera Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
IP camera or internet protocol camera, is a digital security camera that sends and receives video footage through an IP network. These are commonly used for surveillance purpose. The analog closed-circuit television cameras (CCTV) require a local recording device, whereas IP cameras do not require any sort of local recording device, it requires only a local network. While IP cameras connect to a network in the same way that computers and phones do. IP security camera transmits video footage over a wireless connection. Particularly IP cameras connect to a NVR (Network Video Recorder) through Wi-Fi, USB, or an Ethernet cable. An IP camera captures the video footage in high definition-resolution can be as high as 16 megapixels, completely depending on the camera module. Each IP camera is equipped with a processing chip, which consists of the video footage as it is recorded. In order to transmit the HD images over a network, IP cameras need to compress the files, or make the files smaller so as to avoid consuming too much of bandwidth. IP cameras have several benefits such as remote access, better resolution, fewer cables and wires, and two-way audio.
The increased use of advanced technology is witnessed in the smart homes these days. The smart home sector includes the application of advanced technology for security purpose. The installation and usage of IP cameras provides the owners of smart homes with enhanced surveillance and security capabilities. IP cameras also provide homeowners with unique feature of monitoring their home or property remotely using tablets, smartphones, or computers. With additional features such as real-time notifications and motion detection. Moreover, several IP cameras offer night vision, two-way audio, high-definition video quality, offering an extra layer of convenience and security. Whereas, in the public sector, the applications of IP cameras have seen to be increasing.
In public surveillance systems, these cameras offer flexibility and superior image quality compared to that of analog cameras. These cameras assist the law enforcement agencies to efficiently investigate and monitor several incidents with their advanced features. Advanced features such as license plate recognition, video analytics, and facial recognition. In addition, IP cameras can also be connected to centralized management system which enables real-time monitoring of multiple number of cameras from a single control centre. Therefore, the increased usage of advanced technology in smart homes and public sectors has propelled the demand for IP cameras.
The above graph shows an increase in the number of smart homes in the U.S. Thus, increasing penetration of smart homes is thereby fuelling the demand for IP cameras for smart homes.
IP cameras has a huge potential of capturing and transmitting large amount of personal data including audio recordings and video footage. This captured data can be used for unauthorized surveillance and various other malicious purposes. Now days, individuals are actively aware of potential data privacy risks associated with IP cameras. due to which consumers can be hesitant to adopt these camera devices specifically to use at their homes or any other sensitive areas. Moreover, IP cameras are connected to internet and computer networks, making them targets for cyber-attacks. In case, these cameras are not properly secured, they can easily be exploited by hackers in order to gain compromise data, gain unauthorized access to connected networks, and even launch larger scale attacks such as Distributed Denial of Service (DDoS) attacks. During the past few years, there had been instances where IP cameras were hijacked for misuse of data. For instance, in March 2021, a group of hackers had breached thousands of security cameras at Tesla warehouse, hospitals, and US jails. One of the hacked video disclosed by this group of hackers revealed surveillance footage shot at Tesla warehouse in Shanghai. The hackers gained access to live feeds of 150,000 surveillance cameras inside police departments, schools, hospitals, prisons, and companies like Tesla automakers.
The outbreak of Covid-19 has witnessed a significant impact on IP Camera market growth. The pandemic increased the adoption of contactless solutions and technologies across several different sectors. IP cameras having remote access capability and video analytics feature, enabled contactless surveillance and monitoring. Apart from this, the upsurge in number of patients infected by COVID-19, led to increased surveillance and monitoring the intensive care units and dedicated COVID-19 care wards simultaneously. On the other hand, the COVID-19 had negatively impacted the supply chain of the IP camera market. It led to the delayed installations and deployment of IP cameras. Restrictions on manufacturing activities caused delay in the delivery and installation of IP cameras. Overall, the global IP Camera market was moderately impacted by the pandemic.
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July 2022
Sony Semiconductor Solutions Corporation (SSS) launched its first CMOS for IP Cameras:
In July 2022, Sony Semiconductor Solutions Corporation (SSS), launched a IMX675, a 1/3-type CMOS image sensor for security cameras with approximately 5.12 megapixels, which simultaneously delivers both high-speed output of regions of interest and full-pixel output of the whole captured image.
Top Companies Market Share in IP Camera Industry: (In no particular order of Rank)
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The IP Camera industry in the region of North America is expected to grow with the fastest CAGR over the projected period, from 2023 to 2030. The region of North America has a strong advanced technological infrastructure and innovation. North America also has a significant requirement for surveillance and security solutions across several different sectors including residential, commercial, transportation, and government.
Moreover, the increased rate of committing crimes is a crucial factor favouring the demand for IP cameras. For instance, according to the data published by the U.S. Census Bureau, in 2021, property crime was the major type of crime committed in the U.S., which amounted to 6.53 million offenses. While, there were a total of 2.55 million cases of violent crime out of which 2.3 million were cases of assault. Thus, due to rising crime rate, the demand for IP cameras is also increasing. Therefore, due to all the above factors North America is expected to dominate the global IP Camera Market.
The current report Scope analyzes IP Camera Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global IP Camera Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing IP Camera Industry growth. IP Camera market has been segmented with the help of its Product Type, Connection Type End-User, and others. IP Camera market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Fixed Camera segment has held the largest revenue market share in 2022
The Fixed Camera segment dominated the global IP Camera market in 2022. The Fixed Camera segment is expected to continue to dominate the global IP Camera market in the forecast period. Fixed IP camera operates in a static position and provides a single view within the camera's field of vision, which allows for continuous monitoring and surveillance. These Fixed IP cameras are used in several sectors such as commercial, government, industrial, and residential applications for monitoring and security purposes. The fixed IP camera enables to increase network security and establish control over connections due to its static IP address. Thus, having a static IP address gives users a consistent availability, improves reliability, and also provides consumers with a fixed geolocation. Fixed IP cameras are comparatively easy to set up and install. After their installation, they require minimum adjustments and reduces the installation time. Whereas, these cameras are available in a wide range of models, resolutions, and features to suit various surveillance needs. Thus, owing to all the above factors, the fixed camera segment is expected to continue to contribute a significant share in the global IP Camera market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of IP Camera Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of IP Camera from 2019 to 2031. This will also help to analyze the demand for IP Camera across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Connection Type of IP Camera are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global IP Camera Market is witnessing significant growth in the near future.
In 2023, the Pan-Tilt-Zoom Camera (PTZ) segment accounted for noticeable share of global IP Camera Market and is projected to experience significant growth in the near future.
The Centralized IP Camera segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3DEYE Inc. , Avigilon Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Pan-Tilt-Zoom Camera (PTZ), , Fixed Camera, Infrared Camera |
Connection Type | Centralized IP Camera, Decentralized IP Camera |
End-User | Commercial Use, Residential Use, Government & Public Use |
List of Competitors | 3DEYE Inc., Arecont Vision Costar LLC., Avigilon Corporation, Belkin International Inc., Bosch Security Systems GmbH, CAMERAFTP, CAMCLOUD, D-Link Corporation, EOS Digital Services, GEOVISION Inc., Hangzhou Hikvision Digital Technology Co. Ltd., and Honeywell International Inc. |
This chapter will help you gain GLOBAL Market Analysis of IP Camera. Further deep in this chapter, you will be able to review Global IP Camera Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Connection Type Analysis 2019 -2031
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Chapter 12 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global IP Camera market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Pan-Tilt-Zoom Camera (PTZ) have a significant impact on IP Camera market? |
What are the key factors affecting the Pan-Tilt-Zoom Camera (PTZ) and of IP Camera Market? |
What is the CAGR/Growth Rate of Centralized IP Camera during the forecast period? |
By type, which segment accounted for largest share of the global IP Camera Market? |
Which region is expected to dominate the global IP Camera Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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