Scope of the Study
Wi-Fi cameras are a quick and easy monitoring solution that can be used indoors or outdoors. Wi-Fi cameras are used in different sectors for security and surveillance and include different cameras such as surveillance cameras, baby monitors, etc. Wi-Fi Security system enables the user to operate the security system through electronic devices such as mobiles and tablets with enabled Wi-Fi system which helps to secure the homes far away also. Some wireless security cameras are battery-powered, making the cameras truly wireless from top to bottom.
The market study is being classified by Type (Bullet, Dome, PTZ and Others), by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
Honeywell International Inc. (United States), Sony Electronics Inc. (Japan), Panasonic Corporation (Japan), Samsung (South Korea), LG (South Korea), Cisco Systems Inc. (United States), D-Link (Taiwan), Amcrest (United States), Axis Communications (Sweden) and Avigilon Corporation (Canada) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Canon Inc. (Japan), Hikvision Digital Technology Co. Ltd. (China), Arecont Vision LLC (United States), Dahua Technology (China), Sricam (China), Tyco International (Ireland) and Winsonic (Taiwan).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global WiFi Security Camera market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global WiFi Security Camera market by Type, Application and Region.
On the basis of geography, the market of WiFi Security Camera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand from Residential and Commercial Sectors owing to Security Concerns and Rise in Disposable Income
- Increase in Theft Activity and Growing Infrastructural Developments across the Globe
- Advanced Night Vision, Motion Detection, and Two Way Audio Compatible Cameras
- Higher Deployment Cost and Maintenance
- High Data Cost in Under Developed Nations
- Improvement in Modern Infrastructure with Safety & Security Systems and Wi-Fi Penetration
- Advancement of Technology in Security Devices Such As AI, Cloud Storage, Built-In Microphone, Push Notifications or Email Alerts
- Compatibility of the Smartphones with the Security Camera
- Rising Competition among Industry Players
Market Leaders and their expansionary development strategies
On December 22, 2017, Amazon, a United States-based E-commerce giant, has acquired Blink, the wireless security camera company, to push into the smart home and connected security markets.
On February 29, 2020, Zebronics has launched a new home automation smart camera that comes with Wi-Fi, pan, tilt, digital zoom, and AI features. The camera comes with connectivity for LAN/Wi-Fi/Hotspot and has a microSD card slot that supports up to 512 GB of storage for capturing/recording your data. The camera can be wall-mounted or used on a table-top as well.
Key Target AudienceWi-Fi Security Camera Manufacturers, Components and Parts Suppliers, Technical Engineers and Integrators, Security Devices Manufacturers, Governments and Public Sectors, End-Use Industry and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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