Industry Background:
Wireless Video Surveillance is used for capturing images and videos that are compressed, stored, or sent over communication networks. The wireless video surveillance use camera for capturing images & videos that are easily mounted on the lampposts for surveillance areas of residents, commercial, or industrial places. The need to prevent vital places from crimes and can quickly finding evidence if a crime occurs has rising demand for wireless video surveillance.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Cisco Systems (United States), Bosch Security Systems (Germany), Hikvision (China), Axis Communications AB (Sweden), Tyco Security Products (United States), Seon Design Inc (Canada), Motorola Solutions (Canada), Proxim Wireless (United States), FrontPoint Security Solutions LLC (United States), NICE Systems (Israel), Pelco (United States), GO2Tech (United States), Swann Security (United States) and Toshiba Corporation (Japan) |
This growth is primarily driven by Rising Demand For Wireless And Spy Cameras and Increasing Concerns About Public Safety And Security.
Globally, a noticeable market trend is evident Artificial Intelligence And Deep Learning For Video Surveillance Systems Major Vendors, such as Cisco Systems (United States), Bosch Security Systems (Germany), Hikvision (China), Axis Communications AB (Sweden), Tyco Security Products (United States), Seon Design Inc (Canada), Motorola Solutions (Canada), Proxim Wireless (United States), FrontPoint Security Solutions LLC (United States), NICE Systems (Israel), Pelco (United States), GO2Tech (United States), Swann Security (United States) and Toshiba Corporation (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global wireless video surveillance market is fragmented due to the presence of manufacturers and service providers. The level of competition among the companies is intense and manufacturers focus on developing new technologies and offering customized products to the customers.
Key Developments in the Market:
In August 2020, Motorola acquired Pelco for USD 110 million. This acquisition expanded Motorola’s global footprint with enterprise and public safety customers.
Regulatory Insights:
The Personal Information Protection and. Electronic Documents Act (PIPEDA) applies to private-sector organizations across Canada that collect, use or disclose personal information in the course of commercial activity. The organization’s need to conduct video surveillance be balanced with the individuals being surveilled right to privacy. The surveillance cameras can only be used to record video, not audio communications
Influencing Trend:
Artificial Intelligence And Deep Learning For Video Surveillance Systems
Market Growth Drivers:
Rising Demand For Wireless And Spy Cameras and Increasing Concerns About Public Safety And Security
Challenges:
Cybersecurity Threats
Restraints:
Violation Of Privacy and Costlier Compared To Wired Video Surveillance
Opportunities:
Rising Demand For Video Surveillance-As-A-Service (VSaaS) and Rising Use By Government In Developing Smart Cities And Employing City Surveillance Solutions
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Wireless Video Surveillance Market
- Analysis about New Entrants in Wireless Video Surveillance Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Wireless Video Surveillance Study Sheds Light on
The Wireless Video Surveillance Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Wireless Video Surveillance industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Wireless Video Surveillance industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.