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Global Wireless Video Surveillance Market to reach USD 54.59 billion by the end of 2030

Global Wireless Video Surveillance Market Size study & Forecast, by Component (Hardware, Services), by Application (Commercial, Military and Defense, Infrastructure, Residential, Others), by Customer Type (Business to Business, Business to Customer) and Regional Analysis, 2023-2030

Product Code: SSRCS-48181966
Publish Date: 20-05-2023
Page: 200

Global Wireless Video Surveillance Market is valued approximately USD 23.35 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 11.20% over the forecast period 2023-2030. Wireless video surveillance refers to the use of wireless technology to transmit video and audio data captured by surveillance cameras to a remote location for monitoring and recording. The wireless video surveillance market includes various components, such as cameras, recorders, and software, that enable the wireless transmission and management of surveillance data.

For example, Madrid has implemented a smart traffic management system that uses sensors and data analytics to reduce congestion and improve traffic flow, while Malaga has launched a smart bus system that uses real-time data to optimize bus routes and schedules. In 2020, the China Centre for Urban Development and HSBC has declared the creation of the United Kingdom and China joint smart cities growth and investment hub. Notably, China government allocated approximately USD 75.7 billion (RMB 500 billion) for the deployment of smart city project under the China’s 13th five-year plan (2016-2020) which is driving the establishments of smart cities. Going forward, China targets on bringing the urbanization rate to nearly 60% by 2020 which also acts a pivotal factor towards creating pathway for the adoption wireless video surveillance market. However, the high cost of Wireless Video Surveillance stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Wireless Video Surveillance Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to be a significant market for wireless video surveillance due to the increasing demand for advanced security systems. The presence of key market players, such as Axis Communications, Bosch Security Systems, and Honeywell International, further supports the growth of the market in this region. The Asia-Pacific region is expected to be the fastest-growing market for wireless video surveillance, owing to the increasing adoption of security systems in various industries, such as retail, banking, and transportation. The emergence of smart cities and the increasing need for public safety are also expected to contribute to the growth of the market in this region.

Major market player included in this report are:
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
The Infinova Group

Recent Developments in the Market:
Ø In February 2020, March Networks, a provider of video surveillance and video-based business intelligence solutions, launched their ME4 Series Cameras. These wireless cameras were designed to deliver high-definition video capture and were equipped with advanced features such as built-in IR illuminators and edge storage capabilities.
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Global Wireless Video Surveillance 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 – Component, Application, Customer Type, 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 Component offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Hardware
Services
By Application:
Commercial
Military and Defense
Infrastructure
Residential
Others
By Customer Type:
Business to Business
Business to Customer

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. Wireless Video Surveillance Market, by Region, 2020-2030 (USD Billion)
1.2.2. Wireless Video Surveillance Market, by Component, 2020-2030 (USD Billion)
1.2.3. Wireless Video Surveillance Market, by Application, 2020-2030 (USD Billion)
1.2.4. Wireless Video Surveillance Market, by Customer Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Wireless Video Surveillance 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 Wireless Video Surveillance Market Dynamics
3.1. Wireless Video Surveillance Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing development of smart city
3.1.1.2. Growing Government support
3.1.2. Market Challenges
3.1.2.1. High Cost of Wireless Video Surveillance
3.1.3. Market Opportunities
3.1.3.1. Rising initiatives by key market players
Chapter 4. Global Wireless Video Surveillance 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. Economical
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 Wireless Video Surveillance Market, by Component
5.1. Market Snapshot
5.2. Global Wireless Video Surveillance Market by Component, Performance – Potential Analysis
5.3. Global Wireless Video Surveillance Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Wireless Video Surveillance Market, Sub Segment Analysis
5.4.1. Hardware
5.4.2. Services
Chapter 6. Global Wireless Video Surveillance Market, by Application
6.1. Market Snapshot
6.2. Global Wireless Video Surveillance Market by Application, Performance – Potential Analysis
6.3. Global Wireless Video Surveillance Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Wireless Video Surveillance Market, Sub Segment Analysis
6.4.1. Commercial
6.4.2. Military and Defense
6.4.3. Infrastructure
6.4.4. Residential
6.4.5. Others
Chapter 7. Global Wireless Video Surveillance Market, by Customer Type
7.1. Market Snapshot
7.2. Global Wireless Video Surveillance Market by Customer Type, Performance – Potential Analysis
7.3. Global Wireless Video Surveillance Market Estimates & Forecasts by Customer Type 2020-2030 (USD Billion)
7.4. Wireless Video Surveillance Market, Sub Segment Analysis
7.4.1. Business to Business
7.4.2. Business to Customer
Chapter 8. Global Wireless Video Surveillance Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Wireless Video Surveillance Market, Regional Market Snapshot
8.4. North America Wireless Video Surveillance Market
8.4.1. U.S. Wireless Video Surveillance Market
8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
8.4.1.3. Customer Type breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Wireless Video Surveillance Market
8.5. Europe Wireless Video Surveillance Market Snapshot
8.5.1. U.K. Wireless Video Surveillance Market
8.5.2. Germany Wireless Video Surveillance Market
8.5.3. France Wireless Video Surveillance Market
8.5.4. Spain Wireless Video Surveillance Market
8.5.5. Italy Wireless Video Surveillance Market
8.5.6. Rest of Europe Wireless Video Surveillance Market
8.6. Asia-Pacific Wireless Video Surveillance Market Snapshot
8.6.1. China Wireless Video Surveillance Market
8.6.2. India Wireless Video Surveillance Market
8.6.3. Japan Wireless Video Surveillance Market
8.6.4. Australia Wireless Video Surveillance Market
8.6.5. South Korea Wireless Video Surveillance Market
8.6.6. Rest of Asia Pacific Wireless Video Surveillance Market
8.7. Latin America Wireless Video Surveillance Market Snapshot
8.7.1. Brazil Wireless Video Surveillance Market
8.7.2. Mexico Wireless Video Surveillance Market
8.8. Middle East & Africa Wireless Video Surveillance Market
8.8.1. Saudi Arabia Wireless Video Surveillance Market
8.8.2. South Africa Wireless Video Surveillance Market
8.8.3. Rest of Middle East & Africa Wireless Video Surveillance 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. Axis Communications AB
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. Bosch Security Systems Gmbh
9.3.3. CP PLUS
9.3.4. D-Link Corporation
9.3.5. Eagle Eye Networks, Inc.
9.3.6. FLIR Systems, Inc.
9.3.7. Genetec
9.3.8. Hangzhou Hikvision Digital Technology Co., Ltd
9.3.9. Honeywell Security
9.3.10. The Infinova Group
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

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Data Collection:
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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.
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