IP Camera Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of IP Camera Market
The IP camera market size was valued at USD 4.91 billion in 2021, and the market is now projected to grow from USD 5.20 billion in 2022 to USD 13.09 billion by 2029, exhibiting a CAGR of 14.1% during the forecast period of 2021-2029.
Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the IP camera market growth. Additionally, manpower shortages affected manufacturing plants and slowed production due to movement restrictions and lockdowns in several regions. Stopped providing on-site maintenance and installations market growth sputtered amid the pandemic.
Growing utilization of cutting-edge technology in public and smart home sectors to support market growth during forecast period. Technology is developing quickly every day in a number of industrial verticals, including the public and government sectors, the automobile industry, and the smart home.
Growing utilization of video analytics to promote market expansion in a range of industry verticals during forecast period. Users can see and examine lengthy video surveillance footage with the use of video analytics, which is crucial or practically impossible for a single operator to do for an extended period of time. It enables the operator to record and recognize vital surveillance footage, including real-time road and traffic monitoring and industrial processes. It significantly lessens the workload for employees in charge of security surveillance management.
Comprehensive Analysis of IP Camera Market
The IP camera market and semiconductor & electronics industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the pharmacy benefit management industry. These segmentations are methodically segregated by component, by product type, by connection type and by end users. The Component segmentations include Hardware and Services, By Product Type segmentations include Fixed Camera, Pan-Tilt-Zoom Camera (PTZ), and Infrared Camera, By Connection Type segmentations include Centralized and Distributed, By End User segmentations include Residential, Commercial, and Government and Public.
The Asia Pacific region lead the IP camera market by benefitting a market size of USD 2.53 billion in 2021 due to Growing utilization of cutting-edge technology in public and smart home sectors and Growing utilization of video analytics.
The top players in the market play a crucial role in the semiconductor & electronics industry assuring industrial prospectus growth and setting market standards. These players include, Sony Corporation (Japan), Bosch Security Systems GmbH (Germany), Honeywell International Inc. (U.S.), Samsung Electronics Co. Ltd. (South Korea), D-link corporation (Taiwan), Hangzhou Hikvision Digital Technology Co. Ltd. (China), Avigilon Corporation (Canada), Belkin International Inc. (U.S.), CP Plus (India), Geovision Inc. (Taiwan) these market players provide a level-playing competitive landscape.
In July 2022, The CMOS Image Sensor for Security Cameras, Sony Corporation's first IP camera product, was introduced. Surveillance cameras may record and send original, high-quality images to the operator's device thanks to this sensor.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD Billion)
Segmentation
By Component
Hardware
Services
By Product Type
Fixed Camera
Pan-Tilt-Zoom Camera (PTZ)
Infrared Camera
By Connection Type
Centralized
Distributed
By End User
Residential
Commercial
Government and Public
By Region
North America (By Component, By Product Type, By Connection Type, By End User, and By Country)
- U.S. (By End User)
- Canada (By End User)
- Mexico (By End User)
- U.K. (By End User)
- Germany (By End User)
- France (By End User)
- Italy (By End User)
- Spain (By End User)
- Rest of Europe (By End User)
- China (By End User)
- India (By End User)
- Japan (By End User)
- South Korea (By End User)
- Rest of Asia Pacific (By End User)
- GCC (By End User)
- South Africa (By End User)
- Rest of Middle East and Africa (By End User)
- Brazil (By End User)
- Argentina (By End User)
- Rest of South America (By End User)
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Supportive Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global IP Camera Market Key Players Market Share/Ranking, 2023
- 5. Global IP Camera Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Component (USD Bn)
- 5.2.1. Hardware
- 5.2.2. Services
- 5.3. By Product Type (USD Bn)
- 5.3.1. Fixed Camera
- 5.3.2. Pan-Tilt-Zoom Camera (PTZ)
- 5.3.3. Infrared Camera
- 5.4. By Connection Type (USD Bn)
- 5.4.1. Centralized
- 5.4.2. Distributed
- 5.5. By End-User (USD Bn)
- 5.5.1. Residential
- 5.5.2. Commercial
- 5.5.3. Government and Public
- 5.6. By Region (USD Bn)
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Middle East & Africa
- 5.6.5. South America
- 6. North America IP Camera Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Component (USD Bn)
- 6.2.1. Hardware
- 6.2.2. Services
- 6.3. By Product Type (USD Bn)
- 6.3.1. Fixed Camera
- 6.3.2. Pan-Tilt-Zoom Camera (PTZ)
- 6.3.3. Infrared Camera
- 6.4. By Connection Type (USD Bn)
- 6.4.1. Centralized
- 6.4.2. Distributed
- 6.5. By End-User (USD Bn)
- 6.5.1. Residential
- 6.5.2. Commercial
- 6.5.3. Government and Public
- 6.6. By Country (USD Bn)
- 6.6.1. U.S.
- 6.6.1.1. By End-Users
- 6.6.1.1.1. Residential
- 6.6.1.1.2. Commercial
- 6.6.1.1.3. Government and Public
- 6.6.2. Canada
- 6.6.2.1. By End-Users
- 6.6.2.1.1. Residential
- 6.6.2.1.2. Commercial
- 6.6.2.1.3. Government and Public
- 6.6.3. Mexico
- 6.6.3.1. By End-Users
- 6.6.3.1.1. Residential
- 6.6.3.1.2. Commercial
- 6.6.3.1.3. Government and Public
- 7. Europe IP Camera Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Component (USD Bn)
- 7.2.1. Hardware
- 7.2.2. Services
- 7.3. By Product Type (USD Bn)
- 7.3.1. Fixed Camera
- 7.3.2. Pan-Tilt-Zoom Camera (PTZ)
- 7.3.3. Infrared Camera
- 7.4. By Connection Type (USD Bn)
- 7.4.1. Centralized
- 7.4.2. Distributed
- 7.5. By End-User (USD Bn)
- 7.5.1. Residential
- 7.5.2. Commercial
- 7.5.3. Government and Public
- 7.6. By Country (USD Bn)
- 7.6.1. U.K.
- 7.6.1.1. By End-Users
- 7.6.1.1.1. Residential
- 7.6.1.1.2. Commercial
- 7.6.1.1.3. Government and Public
- 7.6.2. Germany
- 7.6.2.1. By End-Users
- 7.6.2.1.1. Residential
- 7.6.2.1.2. Commercial
- 7.6.2.1.3. Government and Public
- 7.6.3. France
- 7.6.3.1. By End-Users
- 7.6.3.1.1. Residential
- 7.6.3.1.2. Commercial
- 7.6.3.1.3. Government and Public
- 7.6.4. Italy
- 7.6.4.1. By End-Users
- 7.6.4.1.1. Residential
- 7.6.4.1.2. Commercial
- 7.6.4.1.3. Government and Public
- 7.6.5. Spain
- 7.6.5.1. By End-Users
- 7.6.5.1.1. Residential
- 7.6.5.1.2. Commercial
- 7.6.5.1.3. Government and Public
- 7.6.6. Rest of Europe
- 8. Asia Pacific IP Camera Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Component (USD Bn)
- 8.2.1. Hardware
- 8.2.2. Services
- 8.3. By Product Type (USD Bn)
- 8.3.1. Fixed Camera
- 8.3.2. Pan-Tilt-Zoom Camera (PTZ)
- 8.3.3. Infrared Camera
- 8.4. By Connection Type (USD Bn)
- 8.4.1. Centralized
- 8.4.2. Distributed
- 8.5. By End-User (USD Bn)
- 8.5.1. Residential
- 8.5.2. Commercial
- 8.5.3. Government and Public
- 8.6. By Country (USD Bn)
- 8.6.1. China
- 8.6.1.1. By End-Users
- 8.6.1.1.1. Residential
- 8.6.1.1.2. Commercial
- 8.6.1.1.3. Government and Public
- 8.6.2. India
- 8.6.2.1. By End-Users
- 8.6.2.1.1. Residential
- 8.6.2.1.2. Commercial
- 8.6.2.1.3. Government and Public
- 8.6.3. Japan
- 8.6.3.1. By End-Users
- 8.6.3.1.1. Residential
- 8.6.3.1.2. Commercial
- 8.6.3.1.3. Government and Public
- 8.6.4. South Korea
- 8.6.4.1. By End-Users
- 8.6.4.1.1. Residential
- 8.6.4.1.2. Commercial
- 8.6.4.1.3. Government and Public
- 8.6.5. Rest of Asia Pacific
- 9. Middle East and Africa IP Camera Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1.
- 9.1.1. Key Findings
- 9.2. By Component (USD Bn)
- 9.2.1. Hardware
- 9.2.2. Services
- 9.3. By Product Type (USD Bn)
- 9.3.1. Fixed Camera
- 9.3.2. Pan-Tilt-Zoom Camera (PTZ)
- 9.3.3. Infrared Camera
- 9.4. By Connection Type (USD Bn)
- 9.4.1. Centralized
- 9.4.2. Distributed
- 9.5. By End-User (USD Bn)
- 9.5.1. Residential
- 9.5.2. Commercial
- 9.5.3. Government and Public
- 9.6. By Country (USD Bn)
- 9.6.1. GCC
- 9.6.1.1. By End-Users
- 9.6.1.1.1. Residential
- 9.6.1.1.2. Commercial
- 9.6.1.1.3. Government and Public
- 9.6.2. South Africa
- 9.6.2.1. By End-Users
- 9.6.2.1.1. Residential
- 9.6.2.1.2. Commercial
- 9.6.2.1.3. Government and Public
- 9.6.3. Rest of MEA
- 10. South America IP Camera Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Component (USD Bn)
- 10.2.1. Hardware
- 10.2.2. Services
- 10.3. By Product Type (USD Bn)
- 10.3.1. Fixed Camera
- 10.3.2. Pan-Tilt-Zoom Camera (PTZ)
- 10.3.3. Infrared Camera
- 10.4. By Connection Type (USD Bn)
- 10.4.1. Centralized
- 10.4.2. Distributed
- 10.5. By End-User (USD Bn)
- 10.5.1. Residential
- 10.5.2. Commercial
- 10.5.3. Government and Public
- 10.6. By Country (USD Bn)
- 10.6.1. Brazil
- 10.6.1.1. By End-Users
- 10.6.1.1.1. Residential
- 10.6.1.1.2. Commercial
- 10.6.1.1.3. Government and Public
- 10.6.2. Argentina
- 10.6.2.1. By End-Users
- 10.6.2.1.1. Residential
- 10.6.2.1.2. Commercial
- 10.6.2.1.3. Government and Public
- 10.6.3. Rest of South America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Sony Corporation.
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Bosch Security Systems GmbH
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.3. Recent Developments
- 11.3. Honeywell International Inc.
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.3. Recent Developments
- 11.4. D-Link Corporation.
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.3. Recent Developments
- 11.5. Hangzhou Hikvision Digital Technology Co. Ltd.
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.3. Recent Developments
- 11.6. Avigilon Corporation
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.3. Recent Developments
- 11.7. Samsung Electronics Co. Ltd.
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.3. Recent Developments
- 11.8. Belkin International Inc.
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.3. Recent Developments
- 11.9. CP Plus.
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.3. Recent Developments
- 11.10. GEOVISION Inc.
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 12. Key Takeaways
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