IP Camera Market Trends and Forecast
The future of the global IP camera market looks promising with opportunities in the residential, commercial, and government markets. The global IP camera market is expected to reach an estimated $26.3 billion by 2030 with a CAGR of 12.5% from 2024 to 2030.The major drivers for this market are increasing need for security surveillance because of the rise in residential burglaries and squatters and growing urban population and embracing IoT technology.
A more than 150-page report is developed to help in your business decisions.
IP Camera Market by Segment
The study includes a forecast for the global IP camera market by component, product type , connection type , application, and region.
IP Camera Market by Component [Shipment Analysis by Value from 2018 to 2030]:
IP Camera Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Fixed
- Pan-Tilt-Zoom
- Infrared
IP Camera Market by Connection Type [Shipment Analysis by Value from 2018 to 2030]:
IP Camera Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Residential
- Commercial
- Government
- Others
IP Camera Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of IP Camera Market Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies IP camera market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the IP camera market companies profiled in this report include-
- 3Deye
- Arecont Vision Costar
- Avigilon
- Belkin International
- Bosch Security Systems
- Cameraftp
- Camcloud
- D-Link
- Eos Digital Services
- Geovision
IP Camera Market Market Insights
Lucintel forecasts that hardware is expected to witness the higher growth over the forecast period due to new products with technological advancement and better features.
Within this market, commercial is expected to witness the highest growth due to growing demand in the banking and finance industries for cutting-edge security technology .
North America is expected to witness highest growth over the forecast period due to expanding industrial sectors and advancements.
Features of the Global IP Camera Market
Market Size Estimates: IP camera market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: IP camera market size by various segments, such as by component, product type , connection type , application , and region in terms of value ($B).
Regional Analysis: IP camera market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, product type , connection type , application , and regions for the IP camera market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the IP camera market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the IP camera market size?
Answer: The global IP camera market is expected to reach an estimated $26.23 billion by 2030.
Q2. What is the growth forecast for IP camera market?
Answer: The global IP camera market is expected to grow with a CAGR of 12.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the IP camera market?
Answer: The major drivers for this market are increasing need for security surveillance because of the rise in residential burglaries and squatters and growing urban population and embracing IoT technology.
Q4. What are the major segments for IP camera market?
Answer: The future of the IP camera market looks promising with opportunities in the residential, commercial, and government markets.
Q5. Who are the key IP camera market companies?
Answer: Some of the key IP camera market companies are as follows.
- 3Deye
- Arecont Vision Costar
- Avigilon
- Belkin International
- Bosch Security Systems
- Cameraftp
- Camcloud
- D-Link
- Eos Digital Services
- Geovision
Q6. Which IP camera market segment will be the largest in future?
Answer: Lucintel forecasts that hardware is expected to witness the higher growth over the forecast period due to new products with technological advancement and better features.
Q7. In IP camera market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to expanding industrial sectors and advancements.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
- Q.1. What are some of the most promising, high-growth opportunities for the IP camera market by component (hardware and services), product type (fixed, pan-tilt-zoom, and infrared), connection type (consolidated and distributed), application (residential, commercial, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2. Which segments will grow at a faster pace and why?
- Q.3. Which region will grow at a faster pace and why?
- Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- Q.5. What are the business risks and competitive threats in this market?
- Q.6. What are the emerging trends in this market and the reasons behind them?
- Q.7. What are some of the changing demands of customers in the market?
- Q.8. What are the new developments in the market? Which companies are leading these developments?
- Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
