Market Overview:
The global IP security camera system market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing demand for IP security cameras in residential, commercial, and industrial applications. Centralized IP camera systems are expected to hold the largest share of the market during the forecast period owing to their high performance and reliability. However, decentralized IP camera systems are expected to grow at a higher CAGR due to their low cost and easy installation. North America is estimated to be the largest regional market for IP security camera system in 2018 followed by Europe and Asia Pacific.
Product Definition:
An IP security camera system is a type of video surveillance system that transmits and records video footage using the internet protocol (IP).
The primary importance of an IP security camera system is that it provides a higher level of security than traditional analog CCTV systems. This is because IP cameras can be connected to the internet, which allows for remote monitoring and management from anywhere in the world. Additionally, IP cameras typically have better image quality than analog CCTV cameras, making them more effective for identifying criminals or other suspicious activity.
Centralized IP Camera:
Centralized IP camera is a new term in the industry of internet protocol security cameras. It is used to access and view the video stream from an individual or single device over a network, from any location as long as there is an internet connection. The centralized IP camera acts as a server that stores the recorded data and can be accessed by multiple users simultaneously over the network.
Decentralized IP Camera:
Decentralized IP camera and it's usage in IP security camera system is a new technology that uses peer-to-peer (P2P) network to communicate. It has no central server, which makes the data secure and prevents any single point of failure. The decentralized architecture enables users to connect directly without going through an operator or internet provider.
Application Insights:
The global market is segmented by application into residential use, commercial use, manufacturing/factory use and public & government infrastructure. The public & government infrastructure segment accounted for the largest share in 2017. This can be attributed to the growing need for monitoring security across various sectors such as transportation, healthcare and financial institutions owing to increasing risks of cyber-attacks. Moreover, governments are increasingly deploying video surveillance systems at railway stations and airports to monitor activities that take place there which has led to an increased demand for IP security camera system in this sector globally.
Manufacturing/factory uses accounted for a significant share in 2017 due largely to the implementation of these systems within production facilities or warehouses where they can monitor movements throughout the day and night thereby preventing theft or damage caused by unauthorised accesses or entrys.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players such as Cisco Systems, Inc., Nest Labs, Inc., and LogRhythm Inc. Moreover, increasing demand for security systems with features such as video analytics and cloud-based management is expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to rising investments by various governments in developing infrastructure such as roads, bridges, buildings etc. Furthermore, growing adoption of IP cameras due to cost-effectiveness and ease of installation will propel regional demand over the next eight years. Additionally, favorable government policies encouraging establishment of manufacturing facilities are projected to further fuel product demand in this region during the same period (8).
The Latin American market also presents lucrative opportunities for international vendors looking for entry into this untapped market space (9).
Growth Factors:
- Increasing demand for IP security camera systems from small and medium businesses (SMBs) due to the increasing instances of crime and theft.
- Proliferation of connected devices and the Internet of Things (IoT) is expected to drive the demand for IP security camera systems, as these systems can be used to secure smart homes, offices, and other premises.
- The growing trend of video surveillance in retail stores is also expected to boost the demand for IP security camera systems in the coming years.
- Rising concerns over safety and security among individuals are also anticipated to fuel the growth of this market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
IP Security Camera System Market Research Report
By Type
Centralized IP Camera, Decentralized IP Camera
By Application
Residential Use, Commercial Use, Manufacturing/Factory Use, Public & Government Infrastructure
By Companies
Hikvision, Dahua, Axis Communications, Motorola, Arlo Technologies, Honeywell, Sony, Vivotek, TP-Link, AXON, Hikvision
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global IP Security Camera System Market Report Segments:
The global IP Security Camera System market is segmented on the basis of:
Types
Centralized IP Camera, Decentralized IP Camera
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Use, Commercial Use, Manufacturing/Factory Use, Public & Government Infrastructure
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hikvision
- Dahua
- Axis Communications
- Motorola
- Arlo Technologies
- Honeywell
- Sony
- Vivotek
- TP-Link
- AXON
- Hikvision
Highlights of The IP Security Camera System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Centralized IP Camera
- Decentralized IP Camera
- By Application:
- Residential Use
- Commercial Use
- Manufacturing/Factory Use
- Public & Government Infrastructure
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IP Security Camera System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An IP security camera system is a network of cameras that are connected to a central monitoring station. The cameras can be used to monitor areas for theft, vandalism, or other unauthorized activity.
Some of the major companies in the ip security camera system market are Hikvision, Dahua, Axis Communications, Motorola, Arlo Technologies, Honeywell, Sony, Vivotek, TP-Link, AXON, Hikvision.
The ip security camera system market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IP Security Camera System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IP Security Camera System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IP Security Camera System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IP Security Camera System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IP Security Camera System Market Size & Forecast, 2018-2028
4.5.1 IP Security Camera System Market Size and Y-o-Y Growth
4.5.2 IP Security Camera System Market Absolute $ Opportunity
Chapter 5 Global IP Security Camera System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IP Security Camera System Market Size Forecast by Type
5.2.1 Centralized IP Camera
5.2.2 Decentralized IP Camera
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IP Security Camera System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IP Security Camera System Market Size Forecast by Applications
6.2.1 Residential Use
6.2.2 Commercial Use
6.2.3 Manufacturing/Factory Use
6.2.4 Public & Government Infrastructure
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IP Security Camera System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IP Security Camera System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IP Security Camera System Analysis and Forecast
9.1 Introduction
9.2 North America IP Security Camera System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IP Security Camera System Market Size Forecast by Type
9.6.1 Centralized IP Camera
9.6.2 Decentralized IP Camera
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IP Security Camera System Market Size Forecast by Applications
9.10.1 Residential Use
9.10.2 Commercial Use
9.10.3 Manufacturing/Factory Use
9.10.4 Public & Government Infrastructure
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IP Security Camera System Analysis and Forecast
10.1 Introduction
10.2 Europe IP Security Camera System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IP Security Camera System Market Size Forecast by Type
10.6.1 Centralized IP Camera
10.6.2 Decentralized IP Camera
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IP Security Camera System Market Size Forecast by Applications
10.10.1 Residential Use
10.10.2 Commercial Use
10.10.3 Manufacturing/Factory Use
10.10.4 Public & Government Infrastructure
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IP Security Camera System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IP Security Camera System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IP Security Camera System Market Size Forecast by Type
11.6.1 Centralized IP Camera
11.6.2 Decentralized IP Camera
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IP Security Camera System Market Size Forecast by Applications
11.10.1 Residential Use
11.10.2 Commercial Use
11.10.3 Manufacturing/Factory Use
11.10.4 Public & Government Infrastructure
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IP Security Camera System Analysis and Forecast
12.1 Introduction
12.2 Latin America IP Security Camera System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IP Security Camera System Market Size Forecast by Type
12.6.1 Centralized IP Camera
12.6.2 Decentralized IP Camera
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IP Security Camera System Market Size Forecast by Applications
12.10.1 Residential Use
12.10.2 Commercial Use
12.10.3 Manufacturing/Factory Use
12.10.4 Public & Government Infrastructure
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IP Security Camera System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IP Security Camera System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IP Security Camera System Market Size Forecast by Type
13.6.1 Centralized IP Camera
13.6.2 Decentralized IP Camera
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IP Security Camera System Market Size Forecast by Applications
13.10.1 Residential Use
13.10.2 Commercial Use
13.10.3 Manufacturing/Factory Use
13.10.4 Public & Government Infrastructure
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IP Security Camera System Market: Competitive Dashboard
14.2 Global IP Security Camera System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hikvision
14.3.2 Dahua
14.3.3 Axis Communications
14.3.4 Motorola
14.3.5 Arlo Technologies
14.3.6 Honeywell
14.3.7 Sony
14.3.8 Vivotek
14.3.9 TP-Link
14.3.10 AXON
14.3.11 Hikvision
