Global WiFi Security Camera Market Overview:
Wi-Fi cameras are a quick and easy monitoring solution that can be used indoors or outdoors. Wi-Fi cameras are used in different sectors for security and surveillance and include different cameras such as surveillance cameras, baby monitors, etc. Wi-Fi Security system enables the user to operate the security system through electronic devices such as mobiles and tablets with enabled Wi-Fi system which helps to secure the homes far away also. Some wireless security cameras are battery-powered, making the cameras truly wireless from top to bottom. Some of the players profiled in the study are Honeywell International Inc. (United States), Sony Electronics Inc. (Japan), Panasonic Corporation (Japan), Samsung (South Korea), LG (South Korea), Cisco Systems Inc. (United States), D-Link (Taiwan), Amcrest (United States), Axis Communications (Sweden) and Avigilon Corporation (Canada).
On the basis of geography, the market of WiFi Security Camera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Spectrum Type, the sub-segment i.e. Infrared (IR) will boost the WiFi Security Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the WiFi Security Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Positioning Type, the sub-segment i.e. Outdoor will boost the WiFi Security Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Storage Type, the sub-segment i.e. Cloud-based will boost the WiFi Security Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Interface, the sub-segment i.e. USB will boost the WiFi Security Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Resolution, the sub-segment i.e. HD will boost the WiFi Security Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Demand from Residential and Commercial Sectors owing to Security Concerns and Rise in Disposable Income
- Increase in Theft Activity and Growing Infrastructural Developments across the Globe
Influencing Trend
- Advanced Night Vision, Motion Detection, and Two Way Audio Compatible Cameras
Restraints
- Higher Deployment Cost and Maintenance
- High Data Cost in Under Developed Nations
Opportunities
- Improvement in Modern Infrastructure with Safety & Security Systems and Wi-Fi Penetration
- Advancement of Technology in Security Devices Such As AI, Cloud Storage, Built-In Microphone, Push Notifications or Email Alerts
Challenges
- Compatibility of the Smartphones with the Security Camera
- Rising Competition among Industry Players
Key Market Developments:
On December 22, 2017, Amazon, a United States-based E-commerce giant, has acquired Blink, the wireless security camera company, to push into the smart home and connected security markets.
On February 29, 2020, Zebronics has launched a new home automation smart camera that comes with Wi-Fi, pan, tilt, digital zoom, and AI features. The camera comes with connectivity for LAN/Wi-Fi/Hotspot and has a microSD card slot that supports up to 512 GB of storage for capturing/recording your data. The camera can be wall-mounted or used on a table-top as well.
Target Audience:
Wi-Fi Security Camera Manufacturers, Components and Parts Suppliers, Technical Engineers and Integrators, Security Devices Manufacturers, Governments and Public Sectors, End-Use Industry and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global WiFi Security Camera market on the basis of product [Bullet, Dome, PTZ and Others] , application [Residential, Commercial and Industrial], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the WiFi Security Camera market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the WiFi Security Camera industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Canon Inc. (Japan), Hikvision Digital Technology Co. Ltd. (China), Arecont Vision LLC (United States), Dahua Technology (China), Sricam (China), Tyco International (Ireland) and Winsonic (Taiwan).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the WiFi Security Camera market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.