PUBLISHER: TechNavio | PRODUCT CODE: 1267549
PUBLISHER: TechNavio | PRODUCT CODE: 1267549
Technavio has been monitoring the network camera market and is forecast to grow by $23.5 bn during 2022-2027, accelerating at a CAGR of 11.23% during the forecast period. Our report on the network camera market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for video surveillance systems, advancements in technology, and suitability for video surveillance applications in smart cities.
Technavio's network camera market is segmented as below:
By End-user
By Component
By Geographical Landscape
This study identifies the rising adoption of 5G technology as one of the prime reasons driving the network camera market growth during the next few years. Also, the advent of smart AI-based network cameras for video surveillance and the use of network cameras in aerial surveillance and monitoring will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the network camera market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading network camera market vendors that include Arecont Vision Costar LLC, Avigilon Corp., Axis Communications AB, Basler AG, Belkin International Inc., Cisco Systems Inc., Eagle Eye Networks Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Corp., Honeywell International Inc., Johnson Controls International Plc, MOBOTIX AG, Netgear Inc., Panasonic Holdings Corp., Pelco Inc., Robert Bosch GmbH, Shenzhen Gospell Smarthome Electronic Co. Ltd., Sony Group Corp., Teledyne Technologies Inc., and Zhejiang Dahua Technology Co. Ltd. Also, the network camera market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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