IP Camera Market - Forecast(2021 - 2026)

 The IP Camera Market size was valued $7 billion in 2018, and the demand is estimated to grow at a CAGR of 16% during the forecast period 2019-2025. Increasing number of commercial buildings and small and medium enterprises are strengthening the deployment of IP cameras in these sectors, owing to security and surveillance applications.

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IP Camera Market Report Coverage

The report: “IP Camera Market – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the IP Camera Market.
By Pixel Type: Less than 1.0 MP,1.1 - 3.0 MP,3.1 - 5 MP, More than 5 MP.
By Direction type: Omnidirectional, Unidirectional.
By Use type: Indoor, Outdoor.
By Type: Infrared, Box, Dome, PTZ, Bullet, Others.
By Peripheral hardware: Tripod, Monitor, Capture devices, Illuminators, Encoder, Server, Storage, Others.
By Application: Smart City, Commercial, Residential, Others.
By Cloud Deployment: Private cloud, Public cloud, Hybrid.
By Software & Services: Software ,Video Surveillance as a Service (VAAS).
By Sales channel: Dealers, Retailers, Direct Sales, Online Sale.
By Storage type: DVR, NVR, VMS, Expansion Storage, Others.
By Geography: North America, South America, Europe, APAC, RoW.

Key Takeaways

  • .The adoption of surveillance cameras for security in BFSI buildings, electric grids, malls, metro stations and others has raised the requirement for IP cameras in such infrastructure.
  •  
  • .The construction segment in the IP camera market is anticipated to grow at a CAGR of 15.71% during the forecast period.

  • .In February 2018, Arlo Technologies, Inc. declared its partnership with Eagle Eye Networks with plans to launch a unique commercial video surveillance technology that support wired and wireless IP security devices.


IP Camera Market Segment Analysis - By Pixel 

3.1 to 5.0 megapixels segment generated a revenue of $4.3 billion in 2018, and is projected to grow with a CAGR of 15% during the forecast period. This category supports H.264 Zip+ technology, which reduces the bandwidth and increases around 50% of storage space, making it suitable for indoor and outdoor applications such as in governmental infrastructure, offices, educational facilities and retail stores for Point of Sale (POS) monitoring. The fastest growing segment will be More than 5.0 MP, and projected to grow with a CAGR of 19% during the forecast period. 

IP Camera Market Segment Analysis - By Direction  

The use of omnidirectional camera has been increasing in robotics, due to their wide field of view. Due to development in cloud services and networking technology, IP omnidirectional cameras are becoming affordable for some major segments in video surveillance market. Omnidirectional segment is projected to grow at 17% CAGR during the forecast period. 

IP Camera Market Segment Analysis - By Use type 

The application of IP cameras in outdoor applications is continuously increasing in response to increased safety monitoring in public places. Due to harsh and extreme temperatures, thermal or infrared cameras which have great stability are gaining popularity. . Outdoor segment is forecast to grow at 16.89% CAGR during the forecast period.

IP Camera Market Segment Analysis - By Type  

Infrared IP cameras are vital for industries such as food inspection, medical imaging, and others where thermal data management is critical. The World Bank’s 2018 study highlights that the unsafe food costs low-and middle-income economies about $110 billion in lost productivity and medical expanses every year. To reduce some proportion of this cost, preventative measures such as usage of infrared IP camera will play a major role. Infrared IP Camera market was valued $1.2 billion in 2018 and is projected to grow at 18% CAGR during the forecast period.


IP Camera Market Segment Analysis - By Peripheral Hardware 

Majorly, IP camera manufacturers integrate SD and microSD storage in their camera products as these storage sources are cheap and reliable. Moreover, cloud storage such as Dropbox, iCloud, and Google drive are also increasingly being used as storage systems for IP Camera via internet. The IP camera market value for the storage segment is estimated to be $1.1 billion for 2018, and forecast to grow at a CAGR of 18.24% during the forecast period.

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