Wireless Monitoring and Surveillance Market
A new market study, titled “Wireless Monitoring and Surveillance Market ” has been featured on Market Research Future.
The global wireless monitoring and surveillance market was analyzed by Market Research Future (MRFR) and it was projected that an impressive CAGR of 16.85% will be attained by the market over the forecast period of 2018 to 2023. The valuation of the global wireless monitoring and surveillance market was further stated to surpass its previous valuation of USD 44.55 Billion in 2017 and reach USD 111.10 Billion by the end of the forecast period.
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The study of the global wireless monitoring and surveillance market reports that the growing demand and need for security and better monitoring solutions has subsequently boosted the demand for improved monitoring and surveillance devices. These devices play a major role in the deployment of enhanced security systems. The wireless monitoring systems aids in monitoring a number of places, wherein it might not be suitable to include cables. The players who are manufacturing wireless security products also have a key role behind monitoring and executing these wireless operations.
MRFR reports that wireless cameras as a security system are becoming increasingly popular due to their comparatively low connection pricing. Add to this, it has elastic installing options. This way, the wireless cameras can be mounted across places which were previously unreachable to standard wired cameras. Moreover, it is extremely easy to use and its suitability of access, which enables operators of wireless safety camera to control the broadband wireless internet in order to offer smooth video streaming ove the internet.
Some of the other pointers contributing to the growth of the wireless monitoring and surveillance market are the rising implementation level of video analytics, growing demand towards installing video surveillance, surging usage of high-definition (HD) cameras, and an increasing need for enhanced security measures. Plus, features like flexibility, scalability, and reliability are also reported to be pushing the demand of the wireless monitoring and surveillance market. However, it should be noted that factors like the need for storage capacity, increasing issues concerning privacy, and the proliferating demand for high resolution pictures can all collectively hinder the market growth of wireless monitoring and surveillances.
Market Segmentation
The global wireless monitoring and surveillance market has been segmented in terms of type, end-user, component, and components.
By component, the market segments into software, hardware, and services. The hardware segment breaks down into servers, network equipment/nodes, monitoring stations, cameras, and others. While the services segment narrows down into monitoring, designing & implementation, and control services.
By type, the market is branched into wireless personal monitoring system, wireless security monitoring system, wireless network monitoring system, and wireless video monitoring system.
By connectivity, the market comprises into 6LoWPAN Bluetooth/BLE, Wi-Fi, Z-Wave, cellular/LTE, Zigbee, NB-IoT, and others.
By end-user, the market divides into entertainment & media, healthcare, BFSI, government, security, infrastructure, and others.
Regional Analysis
The global wireless monitoring and surveillance market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW). The
The wireless monitoring system and surveillance is quickly spreading its wings across the North American and European regions. There has been reports of a surging need for an effective video surveillance system in both public as well as private sector across the major regional countries like the US, the UK, Canada, France, and Germany. There is an extremely tight competition between the North American and European region in the quest to lead the global market.
Competitive Landscape
The global wireless monitoring and surveillance market comprises a host of key players. This includes names like The ADT Corporation (US), Cisco Systems Inc. (US), Texas Instruments Inc. (US), Axis Communications AB (Sweden), National Instruments Corporation (US), D-Link Corporation (US), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), Uniden Corporation (Japan), and Panasonic Corporation (Japan).
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Wireless Monitoring and Surveillance MarketMarket Research Future (MRFR) asserts that the global wireless monitoring and surveillance market is predicted to garner USD 111.10 billion, grabbing a CAGR of 16.85% during the forecast period (2018-2023).
The surging demand for cost-effective and better security management is estimated to favor the market growth.
Wireless monitoring is considered faster than any other traditional methods as the Wi-Fi which is being used as a wide area coverage.Market Potential and PitfallsThe market’s course is chiefly directed by the surging demand for cost-effective and better security management.
Wireless monitoring offers several benefits which include cheaper installation, faster transmission speed, accurate transmission of data, flexible connections, and is an ideal solution for remote monitoring locations.
Such benefits are estimated to propel the market growth throughout the appraisal period.The demand for improved and security monitoring solutions has augmented the need for monitoring and surveillance devices.
These devices play a crucial role in the development of improved security systems and also help to monitor in places where it is not feasible to include cables.
Global Home Security Camera Market, Product (Dome Security Camera, Bullet Security Camera, IP Security Camera), Type (Indoor Security Camera, Outdoor Security Camera), Resolution (Non-HD, HD), Services (Professional, Managed) - Forecast till 2023Market HighlightsHome security cameras are available in a variety of sizes and exhibit varying degrees of image quality, but their primary function is to provide a video image of what is happening in and around the house.
The growing technological advancements in public and private infrastructure has propelled the demand for connected safety and solutions.
The growing demand for IP based surveillance cameras is owing to the features being offered such as high-resolution image quality, improved vision, protect valuable assets, and minimize risks associated with criminal activity.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/3787Key playersThe key players in the area of global home security camera market are Hangzhou Hikvision Digital Technology Co. Ltd (China) Motorola Home (U.S.), Shenzhen Leshi Video Tech.
Co., Ltd (China), Netgear, Inc. (U.S.), ADT Security Services (U.S.), FrontPoint Security Solutions, LLC (U.S.), Vivint, Inc. (U.S.), SimpliSafe (U.S.), Panasonic Corporation (Japan), Godrej Security Solutions (India), and Nest Cam (U.S.), among others.Regional AnalysisNorth America dominates the global home security camera market with a market value of USD 261.3 Million in 2017 and is expected to continue dominance through the forecast period.
The presence of major technology giants and start-ups and wider adoption of home security camera are promoting the market growth.
Another major factor for home security camera market in North America is the advancement in video analytics for security and safety in homes and other commercial places.
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