PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279910
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279910
Global Wireless Video Surveillance Market is valued approximately USD 23.35 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 11.20% over the forecast period 2023-2030. Wireless video surveillance refers to the use of wireless technology to transmit video and audio data captured by surveillance cameras to a remote location for monitoring and recording. The wireless video surveillance market includes various components, such as cameras, recorders, and software, that enable the wireless transmission and management of surveillance data.
For example, Madrid has implemented a smart traffic management system that uses sensors and data analytics to reduce congestion and improve traffic flow, while Malaga has launched a smart bus system that uses real-time data to optimize bus routes and schedules. In 2020, the China Centre for Urban Development and HSBC has declared the creation of the United Kingdom and China joint smart cities growth and investment hub. Notably, China government allocated approximately USD 75.7 billion (RMB 500 billion) for the deployment of smart city project under the China's 13th five-year plan (2016-2020) which is driving the establishments of smart cities. Going forward, China targets on bringing the urbanization rate to nearly 60% by 2020 which also acts a pivotal factor towards creating pathway for the adoption wireless video surveillance market. However, the high cost of Wireless Video Surveillance stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Wireless Video Surveillance Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to be a significant market for wireless video surveillance due to the increasing demand for advanced security systems. The presence of key market players, such as Axis Communications, Bosch Security Systems, and Honeywell International, further supports the growth of the market in this region. The Asia-Pacific region is expected to be the fastest-growing market for wireless video surveillance, owing to the increasing adoption of security systems in various industries, such as retail, banking, and transportation. The emergence of smart cities and the increasing need for public safety are also expected to contribute to the growth of the market in this region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable