The Wireless Security Cameras Global Market Report 2023, provides comprehensive information on the wireless security cameras 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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The global wireless security camera market size is expected to grow from $6.46 billion in 2022 to $7.31 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. 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 wireless security camera market size is expected to reach $11.8 billion in 2027 at a CAGR of 12.8%.
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Technological advancements are the key trend gaining popularity in the wireless security cameras market. Major companies operating in the wireless security cameras market are focusing on new innovative products to sustain their position in the market. For instance, in September 2022, Lorex Technologies, a Canada-based home security solutions firm, introduced the Lorex 4K Spotlight Indoor/Outdoor Wi-Fi Security Camera with smart security lighting. Lorex is a Wi-Fi security camera featuring 4K resolution and Wi-Fi 6 technology that allows for faster transmission and shorter downloading time, resulting in an exceptional resolution quality without interfering with other internet activities and also uses color night vision and infrared night vision that captures clear nighttime footage in any lighting condition. It also offers sophisticated motion detection modes for providing relevant notifications, allowing users to be more aware of activity on their property, and the unique function of 2-Way Talk will enable users to converse directly with visitors using the camera’s built-in microphone and speaker.
The wireless security cameras market is segmented:
1) By Type: Box Camera, Dome Camera, PTZ Camera, Bullet Camera, IP Camera, Day or Night Camera, Thermal (FLIR) Camera, Wireless IP Camera, Other Types
2) By Components: Hardware, Software, Video Surveillance As A Service (VSaaS)
3) By Camera Technology: Analog or Direct, Digital, Ip or Network
4) By Applications: Car Dash Cameras, Security, Home Surveillance, Baby And Adult Monitoring, Other Applications
5) By Industry Verticals: Banking, Financial Services, and Insurance (BFSI), Manufacturing, Education, Hospital And Healthcare, Household, Other Industrial Verticals
North America was the largest region in the wireless security cameras market in 2022.
The table of contents in TBRC’s wireless security cameras market report includes:
- Executive Summary
- Wireless Security Cameras Market Characteristics
- Wireless Security Cameras Market Trends And Strategies
- Wireless Security Cameras Market – Macro Economic Scenario
- Wireless Security Cameras Market Size And Growth
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- Africa Wireless Security Cameras Market
- Wireless Security Cameras Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Wireless Security Cameras Market
- Wireless Security Cameras Market Future Outlook and Potential Analysis
- Appendix
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