IP Camera Market Top Players, Global Trends, Business

Opportunities, and Industry Forecast till 2023

“The key driving factors of IP cameras industry include good-

quality image resolution, easy installation feature, high
demand for remote monitoring, proliferation of technology,
ease of internet connectivity, and advancements in
technology.”

Global IP Camera Market is anticipated to grow significantly in the forecast period due to increase in security
issues. IP (Internet Protocol) camera is a digital video camera used for surveillance. It sends and receives data
with internet connection just like other standard network device like laptop, printer, and tablet. IP cameras
offer digital storage, better video resolution, flexibility to any additional camera, and enhanced control
features.

The key driving factors of IP cameras industry include good-quality image resolution, easy installation feature,
high demand for remote monitoring, proliferation of technology, ease of internet connectivity, and
advancements in technology like edge-based, penetration of high efficiency video coding (aka H.265), and 4K
resolution. However, high cost of installation and maintenance and privacy issues are impeding the internet
protocol (IP) camera market.

Integration of solutions like HVAC management, remote monitoring, and access control to IP cameras other
than video surveillance are predicted to offer opportunities to the market. Nonetheless, high bargaining
power of consumers and focus on high-quality products at low prices are challenging the IP camera industry.

IP cameras market is categorized on the basis of product type, connection, application, and geography. On the
basis of product type, the market is divided into PTZ (dome), fixed (ball, box, bullet, fisheye, dome), and
infrared products. All the cameras can be further classified into centralized and decentralized systems. Among
all, PTZ (dome) segment leads the market due to its reducing prices and improved viewing angles as compared
to fixed cameras.
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Based on connection, IP camera industry is split into centralized and decentralized. Centralized systems ensure
the safety of the video footage even if the IP camera is destroyed. Despite this feature of the centralized
systems, decentralized systems are expected to hold significant share of the market in future since they do not
need additional investment for high capacity servers. Additionally, recording at the edge, zero bandwidth
consumption, remote accessibility, and high resolution scalability are other features of decentralized systems.
Hard disk, flash drives, and (NAS) Network Attached Storage is the most commonly used digital storage media
for decentralized IP (Internet Protocol) cameras.

In terms of application, IP camera market is bifurcated into manufacturing and factory settings, residential,
public & government infrastructure, and commercial. Residential applications of IP cameras comprise outdoor
and indoor monitoring and smart homes. Hence, residential segment is predicted to hold larger share of the
market owing to high demand from smart homes and outdoor monitoring in apartment systems.

Geographically, internet protocol (IP) camera industry is segmented as North America, South America, Europe,
Asia Pacific, and Middle East & Africa. North America is projected to dominate the market owing to the
presence of large number of vendors, high demand for enhanced workplace surveillance, and rise in demand
for smaller installations.

The key players in IP cameras market include Axis Communications, Avigilon, GeoVision, Dahua, Mobotix,
Hikvision, Toshiba, Panasonic, Sony, Pelco by Schneider Electric, NetGeat, Samsung, Honeywell, Bosch Security
Systems, Belkin, Vivotek, Apexis, Arecont Vision, GOSCAM, D-Link, Juanvision, and Wanscam.

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Market Segment:

Report contents include

• Analysis of the ip camera market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles on ip camera including products, sales/revenues, and market position
• Market structure, market drivers and restraints.

Key regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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