The IP Camera Global Market Report 2023, provides comprehensive information on the IP camera market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/ip-camera-global-market-report
As per The Business Research Company’s IP Camera Global Market Report 2023, the global IP camera market size is expected to grow from $11.04 billion in 2022 to $12.65 billion in 2023 at a compound annual growth rate (CAGR) of 14.61%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global IP camera market size is expected to reach $21.59 billion in 2027 at a CAGR of 14.2%.
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Technological advancements are a key trend gaining popularity in the IP camera market. Major companies operating in the IP camera market are focused on innovating new technologies to sustain their position in the market. For instance, in July 2022, Hangzhou Hikvision Digital Technology Co., Ltd., a China-based manufacturer of video surveillance equipment for civilian and military purposes, launched its new DeepinView bullet network cameras with TandemVu technology. These cameras provide simultaneous monitoring of broad vistas and minute details, retaining two viewpoints for better spatial awareness and security. DeepinView bullet cameras with TandemVu have two nearby bullet lenses. These lenses have distinct features, such as While the bottom motorized lens’s focal lengths of 10–50 mm (8A86) or 8–32 mm (8A46) are intended to check on specific security incidents in depth, the top fixed lens always provides the overall picture.
The IP camera market is segmented:
1) By Product: Non-Mechanical Pan-Tilt-Zoom (PTZ) Camera, Pan-Tilt-Zoom (PTZ) Dome Camera, Fixed Cameras, Fixed Dome Cameras, Infrared Camera
2) By Component: Hardware, Services
3) By Connection: Centralized, Decentralized
4) By Application: Banking And Finance, Government, Commercial, Education
Asia-Pacific was the largest region in the IP camera market in 2022.
The table of contents in TBRC’s IP camera market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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