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Global Network Camera Market to reach USD XX billion by the end of 2030.

Global Network Camera Market Size Study & Forecast, by Product (Fixed, PTZ, Infrared), By Connection (Centralized, Decentralized), By Industry Vertical (Transportation, Retail, IT & Telecom, Media & Entertainment, BFSI, Healthcare, Others), and Regional Analysis, 2023-2030

Product Code: ENGE-54899043
Publish Date: 13-07-2023
Page: 200

Global Network Camera Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Network camera is also commonly referred as An IP camera, is a digital video camera that transmits and receives picture data over an IP network, such as the Internet. Contrary to analog closed-circuit television (CCTV) cameras, they can be utilized for surveillance and simply need a local area network. Although most network cameras connect to a network using wired Ethernet connections, some cameras can connect over Wi-Fi. The camera can be accessible after it is networked from any computer or mobile device that is also networked. The rising emphasis on surveillance and security, increasing governments initiatives regarding public safety, increasing awareness of video analytics, growing use of high-definition cameras, coupled with the rising number of smart city initiatives are the significant factors attributing to the market growth around the world.

The rising adoption of network camera in smart homes is bolstering the market growth during the estimated period. Smart homes are equipped with various connected devices and technologies that provide homeowners with enhanced control, convenience, and security. Network cameras play a crucial role in smart home security systems, offering remote monitoring capabilities, real-time video streaming, and intelligent alerts. According to the Statista, in 2021, there were approximately 262.57 million users of smart homes globally. Also, the figure is constantly rising and is projected to reach 672.57 million users by 2027. Thus, these aforementioned factors are propelling the growth of Network Camera Market during the estimated period. Moreover, the increasing technological advancements, as well as surging adoption of cloud-based solutions present various lucrative opportunities over the forecast years. However, the rising concern over data privacy and the high initial investment and installation costs are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Network Camera Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share. Factors such as the rapid advancement of technologies such as Internet of Things (IoT) has allowed the video surveillance mobile display devices connected through the network, rising focus on security as well as presence of major key players are fostering the regional market growth. Whereas, Asia Pacific is expected to grow at the fastest growing over the forecast years. The presence of advanced camera lenses manufacturing units, rising supportive government initiatives, growing awareness of video analytics, and integration with smart city initiatives are significantly propelling the market demand across the region.

Major market players included in this report are:
Samsung Electronics Co., Ltd.
Tyco International PLC
Arecont Vision
Cisco Systems, Inc
FLIR Systems
Sony Corporation
Panasonic Corporation
Axis Communications AB
Bosch GmbH
Hangzhou Hikvision Digital Technology Co., Ltd.

Recent Developments in the Market:
Ø In May 2023, Hikvision, a manufacturer and supplier of security products and solutions has announced the launch of a new 5 MP AcuSense fisheye network camera (Model DS-2CD3956G2-ISU) to their broad product selection. This new camera utilises Hikvision AcuSense technology, powered by deep learning algorithms, to bring human and vehicle target categorization alarms to front and backend devices in order to reduce false alarms, and it produces high-quality images with effective H.265+ video compression.

Global Network Camera Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Connection, Industry Vertical, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Fixed
PTZ
Infrared

By Connection:
Centralized
Decentralized

By Industry Vertical:
Transportation
Retail
IT & Telecom
Media & Entertainment
BFSI
Healthcare
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Network Camera Market, by region, 2020-2030 (USD Billion)
1.2.2. Network Camera Market, by Product, 2020-2030 (USD Billion)
1.2.3. Network Camera Market, by Connection, 2020-2030 (USD Billion)
1.2.4. Network Camera Market, by Industry Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Network Camera Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Network Camera Market Dynamics
3.1. Network Camera Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing number of supportive governments initiatives regarding public safety
3.1.1.2. Rising adoption of network camera in smart homes
3.1.2. Market Challenges
3.1.2.1. Rising concerns over data privacy
3.1.2.2. High initial investment and installation costs
3.1.3. Market Opportunities
3.1.3.1. Increasing technological advancements
3.1.3.2. Surging adoption of cloud-based solutions
Chapter 4. Global Network Camera Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Network Camera Market, by Product
5.1. Market Snapshot
5.2. Global Network Camera Market by Product, Performance – Potential Analysis
5.3. Global Network Camera Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Network Camera Market, Sub Segment Analysis
5.4.1. Fixed
5.4.2. PTZ
5.4.3. Infrared
Chapter 6. Global Network Camera Market, by Connection
6.1. Market Snapshot
6.2. Global Network Camera Market by Connection, Performance – Potential Analysis
6.3. Global Network Camera Market Estimates & Forecasts by Connection 2020-2030 (USD Billion)
6.4. Network Camera Market, Sub Segment Analysis
6.4.1. Centralized
6.4.2. Decentralized
Chapter 7. Global Network Camera Market, by Industry Vertical
7.1. Market Snapshot
7.2. Global Network Camera Market by Industry Vertical, Performance – Potential Analysis
7.3. Global Network Camera Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
7.4. Network Camera Market, Sub Segment Analysis
7.4.1. Transportation
7.4.2. Retail
7.4.3. IT & Telecom
7.4.4. Media & Entertainment
7.4.5. BFSI
7.4.6. Healthcare
7.4.7. Others
Chapter 8. Global Network Camera Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Network Camera Market, Regional Market Snapshot
8.4. North America Network Camera Market
8.4.1. U.S. Network Camera Market
8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
8.4.1.2. Connection breakdown estimates & forecasts, 2020-2030
8.4.1.3. Industry Vertical breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Network Camera Market
8.5. Europe Network Camera Market Snapshot
8.5.1. U.K. Network Camera Market
8.5.2. Germany Network Camera Market
8.5.3. France Network Camera Market
8.5.4. Spain Network Camera Market
8.5.5. Italy Network Camera Market
8.5.6. Rest of Europe Network Camera Market
8.6. Asia-Pacific Network Camera Market Snapshot
8.6.1. China Network Camera Market
8.6.2. India Network Camera Market
8.6.3. Japan Network Camera Market
8.6.4. Australia Network Camera Market
8.6.5. South Korea Network Camera Market
8.6.6. Rest of Asia Pacific Network Camera Market
8.7. Latin America Network Camera Market Snapshot
8.7.1. Brazil Network Camera Market
8.7.2. Mexico Network Camera Market
8.8. Middle East & Africa Network Camera Market
8.8.1. Saudi Arabia Network Camera Market
8.8.2. South Africa Network Camera Market
8.8.3. Rest of Middle East & Africa Network Camera Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Samsung Electronics Co., Ltd.
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Tyco International PLC
9.3.3. Arecont Vision
9.3.4. Cisco Systems, Inc
9.3.5. FLIR Systems
9.3.6. Sony Corporation
9.3.7. Panasonic Corporation
9.3.8. Axis Communications AB
9.3.9. Bosch GmbH
9.3.10. Hangzhou Hikvision Digital Technology Co., Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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