Wireless video surveillance systems can be used for any environment. This is attributed to the fact that increase in adoption of advanced surveillance by the government sector has led manufacturers have to cater to the demand for wireless video surveillance systems. These systems offer numerous advantages over an analog format. There has been a rise in demand for security applications, such as wireless video surveillance to monitor and record activities at borders, ports, transportation infrastructure, corporate houses, educational institutes, public places, buildings, and others.
The wireless video surveillance market is broadly segmented on the basis of component, application, customer type and region. By component, the market is divided into hardware and services. The hardware segment is further divided into camera, storage device, and monitor. Furthermore, the storage device segment is bifurcated into hard disk drives, solid state drives, removable flash memory cards, mini DVDs, and others. The services type segment is divided into video analytics, VSAAS, and integration services. By application the market is divided commercial, military & defense, infrastructure, residential, and others. By customer type, the market is segmented into business to business and business to customer.
Region wise, the wireless video surveillance market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Philippines, Australia, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America, specifically the U.S., remains a significant participant in the global wireless video surveillance industry. Major organizations and government institutions in the country are intensely putting resources into the technology.
The key players operating in the market include, Axis Communications AB, Bosch Security Systems GmbH, Camcloud, Cisco Systems Inc., CP PLUS, Dahua Technology Co. Ltd., D-Link Corporation, Eagle Eye Networks, Flir Systems Inc., Genetec, Hangzhou Hikvision Digital Technology Co, Ltd., Honeywell Security, Ivideon, Panasonic Corporation, Pelco (Schneider Electric), The Infinova Group, and Verkada Inc.
The wireless video surveillance market is broadly segmented on the basis of component, application, customer type and region. By component, the market is divided into hardware and services. The hardware segment is further divided into camera, storage device, and monitor. Furthermore, the storage device segment is bifurcated into hard disk drives, solid state drives, removable flash memory cards, mini DVDs, and others. The services type segment is divided into video analytics, VSAAS, and integration services. By application the market is divided commercial, military & defense, infrastructure, residential, and others. By customer type, the market is segmented into business to business and business to customer.
Region wise, the wireless video surveillance market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Philippines, Australia, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America, specifically the U.S., remains a significant participant in the global wireless video surveillance industry. Major organizations and government institutions in the country are intensely putting resources into the technology.
The key players operating in the market include, Axis Communications AB, Bosch Security Systems GmbH, Camcloud, Cisco Systems Inc., CP PLUS, Dahua Technology Co. Ltd., D-Link Corporation, Eagle Eye Networks, Flir Systems Inc., Genetec, Hangzhou Hikvision Digital Technology Co, Ltd., Honeywell Security, Ivideon, Panasonic Corporation, Pelco (Schneider Electric), The Infinova Group, and Verkada Inc.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the wireless video surveillance market analysis from 2021 to 2031 to identify the prevailing wireless video surveillance market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the wireless video surveillance market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global wireless video surveillance market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
- Hardware
- Hardware Type
- Camera
- Storage Device
- Monitor
- Services
- Service Type
- Video Analytics
- VSAAS
- Integration Services
By Application
- Infrastructure
- Residential
- Commercial
- Military and Defense
- Others
By Customer Type
- Business to Business
- Business to Customer
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
- U.K.
- Germany
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Philippines
- Australia
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Axis Communications AB
- Bosch Security Systems Gmbh
- CP PLUS
- D-Link Corporation
- Eagle Eye Networks, Inc.
- FLIR Systems, Inc.
- Genetec
- Hangzhou Hikvision Digital Technology Co., Ltd
- Honeywell Security
- Pelco (Schneider Electric)
- The Infinova Group
- Verkada Inc.
- Cisco Systems, Inc.
- Dahua Technology Co,. Ltd
- Ivideon
- Panasonic Corporation
- Camcloud
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: WIRELESS VIDEO SURVEILLANCE MARKET, BY COMPONENT
CHAPTER 5: WIRELESS VIDEO SURVEILLANCE MARKET, BY APPLICATION
CHAPTER 6: WIRELESS VIDEO SURVEILLANCE MARKET, BY CUSTOMER TYPE
CHAPTER 7: WIRELESS VIDEO SURVEILLANCE MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
Wireless video surveillance system provides real-time monitoring of environment and people. This surveillance system is used to promote safety and security among users. Next-generation wireless video surveillance cameras are one of the most promising security solutions with the capability to offer real-time surveillance. In addition, itis superior compared to traditional surveillance systems. Wireless video surveillance system helps end users to maintain flexible security solutions in respective environments.Wireless video surveillance industry is witnessing wide acceptance and is expected to experience growth in the security service market in the future. Currently, this technology is in its growing stage; however, it is expected to gain a major position in the market, owing to technological developments. On the basis of features offered by video surveillance system, it has increasingly become popular among end users such as small and medium-scale enterprises. Moreover, advancements in technologies are anticipated to help wireless video surveillance cameras and accessories manufacturing companies to reduce the overall cost of production of the system. The wireless video surveillance market size is predicted to exhibit growth during the forecast period, owing to rise in demand for enhanced security products. This is the major factor that propels wireless video surveillance market growth.
According to wireless video surveillance market analysis, the hardware segment was the highest contributor to the market in 2021. The video analytics and integration services segments collectively accounted for around 83.7% market share in 2021. These services are based on wireless video surveillance systems.The outbreak of the COVID-19 has significantly impacted the growth of the wireless video surveillance.
Decline in manufacturing activities has significantly impacted the demand for wireless video surveillance solutions during the pandemic. Further, lack of availability of a professional workforce due to partial and complete lockdown implemented by governments across the globe has restrained the growth of the wireless video surveillance market during the pandemic. However, rise in demand for Internet of Things and consumer electronics has led to the growth of the wireless video surveillance market post pandemic. Moreover, the wireless video surveillance market trends signify that the demand for wireless home video surveillance is also on a rise across the globe.
The wireless video surveillance market key players profiled in the report include Axis Communications AB, Bosch Security Systems Gmbh, Camcloud, Cisco Systems Inc., CP PLUS, Dahua Technology Co. Ltd., D-Link Corporation, Eagle Eye Networks, Flir Systems Inc., Genetec, Hangzhou Hikvision Digital Technology Co, Ltd., Honeywell Security, Ivideon, Panasonic Corporation, Pelco (Schneider Electric), The Infinova Group and Verkada Inc. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition, to expand their foothold in the wireless video surveillance market.
Key Findings of the Study
- In 2021, the hardware segment accounted for maximum revenue, and is projected to grow at a notable CAGR of 10.98% during the forecast period.
- The camera and storage device segments together accounted for around 75.6% of the industrial 3D printing trends in 2021.
- The commercial segment holds the major share of wireless video surveillance market in 2021.
- North America contributed for the major wireless video surveillance market share, accounting for more than 37% share in 2021.
- Key players profiled in the report include Axis Communications AB, Bosch Security Systems Gmbh, Camcloud, Cisco Systems Inc., CP PLUS, Dahua Technology Co. Ltd., D-Link Corporation, Eagle Eye Networks, Flir Systems Inc., Genetec, Hangzhou Hikvision Digital Technology Co, Ltd., Honeywell Security, Ivideon, Panasonic Corporation, Pelco (Schneider Electric), The Infinova Group and Verkada Inc. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition to expand their foothold in the wireless video surveillance market.
Companies Mentioned
- Axis Communications Ab
- Bosch Security Systems GmbH
- Cp Plus
- D-Link Corporation
- Eagle Eye Networks, Inc.
- Flir Systems, Inc.
- Genetec
- Hangzhou Hikvision Digital Technology Co. Ltd
- Honeywell Security
- Pelco (Schneider Electric)
- The Infinova Group
- Verkada Inc.
- Cisco Systems, Inc.
- Dahua Technology Co,. Ltd
- Ivideon
- Panasonic Corporation
- Camcloud
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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