The Canada Surveillance IP Camera Market size is estimated at USD 3.70 billion in 2024, and is expected to reach USD 7.20 billion by 2029, growing at a CAGR of 14.12% during the forecast period (2024-2029).
The Canadian surveillance IP Camera market is highly competitive, boasting a mix of global and local contenders. Key players maintain their edge by focusing on product innovation, partnerships, and strategic moves like mergers and acquisitions. Some of the key companies in this landscape include Honeywell Security, Vivotek Inc. (A Delta Group Company), Lorex Corporation, Tyco (A Johnson Controls Brand), and Pelco (Motorola Solutions Inc.).
• April 2024: VIVOTEK unveiled its latest innovation, the MS9321-EVH-V2 Network Camera, at ISC West 2024. This camera boasts 4 x 5MP CMOS Sensors, which capture footage at a smooth 30fps across all resolutions. The MS9321-EVH-V2 can surveil expansive 180-degree horizontal vistas with AI-driven deep search capabilities spanning its entire field of view. This feature, combined with AI coverage, positions the camera as a premier choice for outdoor surveillance.
• October 2023: Lorex Technology has introduced its latest offering, the 4K Dual Lens Wi-Fi Security Camera. This camera stands out with its new design, featuring two high-quality lenses, and it provides users with a full 180° view in crystal-clear 4K resolution. The innovative Image Stitching Technology, placed side by side on these dual lenses, seamlessly combines two scenes, enabling users to monitor vast areas with a single camera.
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