The global IP camera market is expected to grow from USD 10.21 billion in 2022 to USD 39.63 billion by 2032, at a CAGR of 14.52% during the forecast period 2023-2032. The North American region dominated the IP camera market in 2022.
IP camera is used for security and monitoring purposes in commercial and residential applications. Digital video cameras that accept control data and transmit picture data via an IP network are known as IP cameras. They are frequently employed for surveillance in different end-user industries such as healthcare, retail, real estate, transportation, and BFSI. The name IP camera typically exclusively refers to those that can be directly accessible over a network connection, even though most IP cameras are webcams. To manage recording, video, and alarm monitoring, some IP cameras need the assistance of a central network video recorder, while others can function independently because they don't require an NVR. IP cameras use the TCP/IP protocol's transmission and security characteristics to convey digital images. Users can listen to and converse with the video's subject due to the IP camera’s two-way audio capability through a single network wire.
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Numerous benefits of an IP camera: It powers and transmits data to and from when connected to a network switch. Since IP cameras don't require an encoder or decoder to transform data into video, it becomes easier to operate. Any devices such as personal computers, laptops, and smartphones with an active internet connection can access the feeds captured by the IP camera. This enabled the users to monitor recorded or live security footage from any remote location using any device. In addition, the user can even use a compatible remote control for operating the system. The video and data collected by IP cameras are uploaded to the central information repository. The data is usually stored on a cloud-based server; thus, the data can be accessed anytime by the users. As all the data is available in the cloud server, keeping the data on external storage is unnecessary. Thus, the user can retrieve the data even if the camera gets damaged.
High cost of IP camera– The high cost of installation of IP camera software has hindered market growth. The increased efficiency leads to an increase in price. An IP camera has a high capital requirement. Many medium-scale and small-scale industries cannot afford the IP camera of the required capacity. Apart from the high initial cost, the maintenance cost of the IP camera is also hindering market growth. The maintenance cost is perceived to be an economic burden in many industries.
Increasing investment in residential and commercial security- Home security systems are intended to deter trespassers from entering the property and to notify the police of an intrusion. The goal of commercial and residential security systems is the same. They are employed as a deterrent and a form of defense for their commercial property to safeguard people and objects. Solutions like commercial security systems and surveillance cameras are essential instruments for preventing crime and protecting the safety of the commercial’s staff and clients. Many people find it easy to invest in a security system for their company. Increasing the safety of the clients and staff is another incentive to invest in business security. Employees and customers can feel more comfortable knowing that someone will respond if they are the victim of theft or an accident if a security system can send out an alarm.
Lack of awareness - The end-user industries of many developing regions are unaware of the potential uses of IP cameras. The deployment of such IP cameras is not well known in these regions' businesses. Furthermore, business owners are skeptical about investing in breakthrough technology since they are unsure of the prospective profits. In addition, many people in developing countries are unaware of the advantages of IP cameras in government and residential applications. This aspect limits the market's expansion in these areas even further.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the most significant global IP camera market, with a revenue share of 39.15% in 2022. The region has a high market growth rate due to an increasing preference for surveillance in residential and commercial industries. The North American market will be driven by investment in the industrial sector to support the IP camera market. The growing need for advanced workplace surveillance in regional countries has increased the use of IP cameras. The Asia-Pacific region is anticipated to grow lucratively during the forecast period. The market is witnessing a lucrative growth rate due to the increasing use of IP cameras in the private and government sector in countries like Japan and China. Further, the rise in IT and telecom industries propel market growth.
North America Region IP camera Market Share in 2022 - 39.15%
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The deployment segment is divided into public cloud, private cloud, and hybrid. The public cloud segment dominated the market with a revenue share of 43.19% in 2022. Public cloud-based IP camera allows client companies to use applications and resources made on-demand through the public provider’s server. The public cloud infrastructure is used for handling information at a broader level.
The product segment includes fixed dome cameras, pan tilt zoom dome cameras, infrared cameras, non-mechanical pan tilt zoom cameras, and bullet cameras. The infrared camera segment dominated the market with a revenue share of 29.10% in 2022. Infrared IP cameras are used in different end-user industries, including government facilities, BFSI, defense, etc. This particular camera type provides enhanced security and precise monitoring.
The connection type segment includes consolidated and distributed. The consolidated segment dominated the market with a revenue share of 65.93% in 2022. A consolidated IP camera connection employs central control through which the master database can be accessed. The consolidated database enables easy access for the users and helps in surveillance.
The component segment includes software and hardware. The hardware segment further includes illuminators, storage, server, monitor, capture devices, and others. The software segment dominated the market with a revenue share of 67.22% in 2022. Software is responsible for efficiently working IP cameras and equipping these cameras with IoT and artificial intelligence. Several software advancements have been made in recent years, which has enhanced the capabilities of IP camera.
The end-user segment includes residential, commercial, and government. The commercial segment further includes healthcare, retail, real estate, transportation, BFSI, and others. The commercial segment dominated the market with a revenue share of 42.72% in 2022. The commercial software industry has witnessed drastic trends over the years. The demand for monitoring and surveillance has increased in several industries due to the growing focus on employee safety.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2023 | USD 10.21 Billion |
Market size value in 2032 | USD 39.63 Billion |
CAGR (2023 to 2032) | 14.52% |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2031 |
Regional Segments | The regions examined for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. |
Segments | The research segment is based on deployment, product, connection type, component, and end-user. |
As per The Brainy Insights, the size of the IP camera market was valued 10.21 billion in 2022 to USD 39.63 billion by 2032.
Global IP camera market is growing at a CAGR of 14.52% during the forecast period 2023-2032.
North America region emerged as the largest market for the IP camera.
The market's growth will be influenced by the growing use of IP camera in surveillance activities.
The high cost of IP camera could hamper the market growth.
The increasing investment by end-user industries is providing huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Deployment
4.3.2. Market Attractiveness Analysis By Product
4.3.3. Market Attractiveness Analysis By Connection Type
4.3.4. Market Attractiveness Analysis By Component
4.3.5. Market Attractiveness Analysis By End-user
4.3.6. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing use of IP camera in surveillance applications
5.3. Restraints
5.3.1. High cost of IP camera
5.4. Opportunities
5.4.1. Increasing investment by end-user industries
5.5. Challenges
5.5.1. Lack of awareness in developing countries
6. Global IP Camera Market Analysis and Forecast, By Deployment
6.1. Segment Overview
6.2. Public Cloud
6.3. Private Cloud
6.4. Hybrid
7. Global IP Camera Market Analysis and Forecast, By Product
7.1. Segment Overview
7.2. Fixed Dome Cameras
7.3. Pan Tilt Zoom Dome Camera
7.4. Infrared Camera
7.5. Non Mechanical Pan Tilt Zoom Camera
7.6. Bullet Camera
8. Global IP Camera Market Analysis and Forecast, By Connection Type
8.1. Segment Overview
8.2. Consolidated
8.3. Distributed
9. Global IP Camera Market Analysis and Forecast, By Component
9.1. Segment Overview
9.2. Software
9.3. Hardware
9.3.1. Illuminators
9.3.2. Storage
9.3.3. Server
9.3.4. Monitor
9.3.5. Capture Devices
9.3.6. Others
10. Global IP Camera Market Analysis and Forecast, By End-user
10.1. Segment Overview
10.2. Residential
10.3. Commercial
10.3.1. Healthcare
10.3.2. Retail
10.3.3. Real Estate
10.3.4. Transportation
10.3.5. BFSI
10.3.6. Others
10.4. Government
11. Global IP Camera Market Analysis and Forecast, By Regional Analysis
11.1. Segment Overview
11.2. North America
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.3. Europe
11.3.1. Germany
11.3.2. France
11.3.3. U.K.
11.3.4. Italy
11.3.5. Spain
11.4. Asia-Pacific
11.4.1. Japan
11.4.2. China
11.4.3. India
11.5. South America
11.5.1. Brazil
11.6. Middle East and Africa
11.6.1. UAE
11.6.2. South Africa
12. Global IP Camera Market-Competitive Landscape
12.1. Overview
12.2. Market Share of Key Players in the IP Camera Market
12.2.1. Global Company Market Share
12.2.2. North America Company Market Share
12.2.3. Europe Company Market Share
12.2.4. APAC Company Market Share
12.3. Competitive Situations and Trends
12.3.1. Product Launches and Developments
12.3.2. Partnerships, Collaborations, and Agreements
12.3.3. Mergers & Acquisitions
12.3.4. Expansions
13. Company Profiles
13.1. 3DEYE Inc.
13.1.1. Business Overview
13.1.2. Company Snapshot
13.1.3. Company Market Share Analysis
13.1.4. Company Product Portfolio
13.1.5. Recent Developments
13.1.6. SWOT Analysis
13.2. Bosch Security Systems GmbH
13.2.1. Business Overview
13.2.2. Company Snapshot
13.2.3. Company Market Share Analysis
13.2.4. Company Product Portfolio
13.2.5. Recent Developments
13.2.6. SWOT Analysis
13.3. Arecont Vision Costar LLC
13.3.1. Business Overview
13.3.2. Company Snapshot
13.3.3. Company Market Share Analysis
13.3.4. Company Product Portfolio
13.3.5. Recent Developments
13.3.6. SWOT Analysis
13.4. Honeywell International Inc.
13.4.1. Business Overview
13.4.2. Company Snapshot
13.4.3. Company Market Share Analysis
13.4.4. Company Product Portfolio
13.4.5. Recent Developments
13.4.6. SWOT Analysis
13.5. D-Link Corporation
13.5.1. Business Overview
13.5.2. Company Snapshot
13.5.3. Company Market Share Analysis
13.5.4. Company Product Portfolio
13.5.5. Recent Developments
13.5.6. SWOT Analysis
13.6. Panasonic Corporation
13.6.1. Business Overview
13.6.2. Company Snapshot
13.6.3. Company Market Share Analysis
13.6.4. Company Product Portfolio
13.6.5. Recent Developments
13.6.6. SWOT Analysis
13.7. Avigilon
13.7.1. Business Overview
13.7.2. Company Snapshot
13.7.3. Company Market Share Analysis
13.7.4. Company Product Portfolio
13.7.5. Recent Developments
13.7.6. SWOT Analysis
13.8. Dahua Technology Co., Ltd.
1.1.1. Business Overview
1.1.2. Company Snapshot
1.1.3. Company Market Share Analysis
1.1.4. Company Product Portfolio
1.1.5. Recent Developments
1.1.6. SWOT Analysis
13.9. Axis Communications AB
13.9.1. Business Overview
13.9.2. Company Snapshot
13.9.3. Company Market Share Analysis
13.9.4. Company Product Portfolio
13.9.5. Recent Developments
13.9.6. SWOT Analysis
13.10. Hangzhou Hikvision Digital Technology Co., Ltd.
13.10.1. Business Overview
13.10.2. Company Snapshot
13.10.3. Company Market Share Analysis
13.10.4. Company Product Portfolio
13.10.5. Recent Developments
13.10.6. SWOT Analysis
13.11. Pelco (Schneider Electric)
13.11.1. Business Overview
13.11.2. Company Snapshot
13.11.3. Company Market Share Analysis
13.11.4. Company Product Portfolio
13.11.5. Recent Developments
13.11.6. SWOT Analysis
13.12. The Infinova Group
13.12.1. Business Overview
13.12.2. Company Snapshot
13.12.3. Company Market Share Analysis
13.12.4. Company Product Portfolio
13.12.5. Recent Developments
13.12.6. SWOT Analysis
List of Table
1. Global IP Camera Market, By Deployment, 2019-2032 (USD Billion)
2. Global Public Cloud, IP Camera Market, By Region, 2019-2032 (USD Billion)
3. Global Private Cloud, IP Camera Market, By Region, 2019-2032 (USD Billion)
4. Global Hybrid, IP Camera Market, By Region, 2019-2032 (USD Billion)
5. Global IP Camera Market, By Product, 2019-2032 (USD Billion)
6. Global Fixed Dome Cameras, IP Camera Market, By Region, 2019-2032 (USD Billion)
7. Global Pan Tilt Zoom Dome Camera, IP Camera Market, By Region, 2019-2032 (USD Billion)
8. Global Infrared Camera, IP Camera Market, By Region, 2019-2032 (USD Billion)
9. Global Non Mechanical Pan Tilt Zoom Camera, IP Camera Market, By Region, 2019-2032 (USD Billion)
10. Global Bullet Camera, IP Camera Market, By Region, 2019-2032 (USD Billion)
11. Global IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
12. Global Consolidated, IP Camera Market, By Region, 2019-2032 (USD Billion)
13. Global Distributed, IP Camera Market, By Region, 2019-2032 (USD Billion)
14. Global IP Camera Market, By Component, 2019-2032 (USD Billion)
15. Global Software, IP Camera Market, By Region, 2019-2032 (USD Billion)
16. Global Hardware, IP Camera Market, By Region, 2019-2032 (USD Billion)
17. Global IP Camera Market, By End-user, 2019-2032 (USD Billion)
18. Global Residential, IP Camera Market, By Region, 2019-2032 (USD Billion)
19. Global Commercial, IP Camera Market, By Region, 2019-2032 (USD Billion)
20. Global Government, IP Camera Market, By Region, 2019-2032 (USD Billion)
21. Global IP Camera Market, By Region, 2019-2032 (USD Billion)
22. North America IP Camera Market, By Deployment, 2019-2032 (USD Billion)
23. North America IP Camera Market, By Product, 2019-2032 (USD Billion)
24. North America IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
25. North America IP Camera Market, By Component, 2019-2032 (USD Billion)
26. North America IP Camera Market, By End-user, 2019-2032 (USD Billion)
27. U.S. IP Camera Market, By Deployment, 2019-2032 (USD Billion)
28. U.S. IP Camera Market, By Product, 2019-2032 (USD Billion)
29. U.S. IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
30. U.S. IP Camera Market, By Component, 2019-2032 (USD Billion)
31. U.S. IP Camera Market, By End-user, 2019-2032 (USD Billion)
32. Canada IP Camera Market, By Deployment, 2019-2032 (USD Billion)
33. Canada IP Camera Market, By Product, 2019-2032 (USD Billion)
34. Canada IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
35. Canada IP Camera Market, By Component, 2019-2032 (USD Billion)
36. Canada IP Camera Market, By End-user, 2019-2032 (USD Billion)
37. Mexico IP Camera Market, By Deployment, 2019-2032 (USD Billion)
38. Mexico IP Camera Market, By Product, 2019-2032 (USD Billion)
39. Mexico IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
40. Mexico IP Camera Market, By Component, 2019-2032 (USD Billion)
41. Mexico IP Camera Market, By End-user, 2019-2032 (USD Billion)
42. Europe IP Camera Market, By Deployment, 2019-2032 (USD Billion)
43. Europe IP Camera Market, By Product, 2019-2032 (USD Billion)
44. Europe IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
45. Europe IP Camera Market, By Component, 2019-2032 (USD Billion)
46. Europe IP Camera Market, By End-user, 2019-2032 (USD Billion)
47. Germany IP Camera Market, By Deployment, 2019-2032 (USD Billion)
48. Germany IP Camera Market, By Product, 2019-2032 (USD Billion)
49. Germany IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
50. Germany IP Camera Market, By Component, 2019-2032 (USD Billion)
51. Germany IP Camera Market, By End-user, 2019-2032 (USD Billion)
52. France IP Camera Market, By Deployment, 2019-2032 (USD Billion)
53. France IP Camera Market, By Product, 2019-2032 (USD Billion)
54. France IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
55. France IP Camera Market, By Component, 2019-2032 (USD Billion)
56. France IP Camera Market, By End-user, 2019-2032 (USD Billion)
57. U.K. IP Camera Market, By Deployment, 2019-2032 (USD Billion)
58. U.K. IP Camera Market, By Product, 2019-2032 (USD Billion)
59. U.K. IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
60. U.K. IP Camera Market, By Component, 2019-2032 (USD Billion)
61. U.K. IP Camera Market, By End-user, 2019-2032 (USD Billion)
62. Italy IP Camera Market, By Deployment, 2019-2032 (USD Billion)
63. Italy IP Camera Market, By Product, 2019-2032 (USD Billion)
64. Italy IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
65. Italy IP Camera Market, By Component, 2019-2032 (USD Billion)
66. Italy IP Camera Market, By End-user, 2019-2032 (USD Billion)
67. Spain IP Camera Market, By Deployment, 2019-2032 (USD Billion)
68. Spain IP Camera Market, By Product, 2019-2032 (USD Billion)
69. Spain IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
70. Spain IP Camera Market, By Component, 2019-2032 (USD Billion)
71. Spain IP Camera Market, By End-user, 2019-2032 (USD Billion)
72. Asia Pacific IP Camera Market, By Deployment, 2019-2032 (USD Billion)
73. Asia Pacific IP Camera Market, By Product, 2019-2032 (USD Billion)
74. Asia Pacific IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
75. Asia Pacific IP Camera Market, By Component, 2019-2032 (USD Billion)
76. Asia Pacific IP Camera Market, By End-user, 2019-2032 (USD Billion)
77. Japan IP Camera Market, By Deployment, 2019-2032 (USD Billion)
78. Japan IP Camera Market, By Product, 2019-2032 (USD Billion)
79. Japan IP Camera Market, By Connection Type 2019-2032 (USD Billion)
80. Japan IP Camera Market, By Component, 2019-2032 (USD Billion)
81. Japan IP Camera Market, By End-user, 2019-2032 (USD Billion)
82. China IP Camera Market, By Deployment, 2019-2032 (USD Billion)
83. China IP Camera Market, By Product, 2019-2032 (USD Billion)
84. China IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
85. China IP Camera Market, By Component, 2019-2032 (USD Billion)
86. China IP Camera Market, By End-user, 2019-2032 (USD Billion)
87. India IP Camera Market, By Deployment, 2019-2032 (USD Billion)
88. India IP Camera Market, By Product, 2019-2032 (USD Billion)
89. India IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
90. India IP Camera Market, By Component, 2019-2032 (USD Billion)
91. India IP Camera Market, By End-user, 2019-2032 (USD Billion)
92. South America IP Camera Market, By Deployment, 2019-2032 (USD Billion)
93. South America IP Camera Market, By Product, 2019-2032 (USD Billion)
94. South America IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
95. South America IP Camera Market, By Component, 2019-2032 (USD Billion)
96. South America IP Camera Market, By End-user, 2019-2032 (USD Billion)
97. Brazil IP Camera Market, By Deployment, 2019-2032 (USD Billion)
98. Brazil IP Camera Market, By Product, 2019-2032 (USD Billion)
99. Brazil IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
100. Brazil IP Camera Market, By Component, 2019-2032 (USD Billion)
101. Brazil IP Camera Market, By End-user, 2019-2032 (USD Billion)
102. Middle East and Africa IP Camera Market, By Deployment, 2019-2032 (USD Billion)
103. Middle East and Africa IP Camera Market, By Product, 2019-2032 (USD Billion)
104. Middle East and Africa IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
105. Middle East and Africa IP Camera Market, By Component, 2019-2032 (USD Billion)
106. Middle East and Africa IP Camera Market, By End-user, 2019-2032 (USD Billion)
107. UAE IP Camera Market, By Deployment, 2019-2032 (USD Billion)
108. UAE IP Camera Market, By Product, 2019-2032 (USD Billion)
109. UAE IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
110. UAE IP Camera Market, By Component, 2019-2032 (USD Billion)
111. UAE IP Camera Market, By End-user, 2019-2032 (USD Billion)
112. South Africa IP Camera Market, By Deployment, 2019-2032 (USD Billion)
113. South Africa IP Camera Market, By Product, 2019-2032 (USD Billion)
114. South Africa IP Camera Market, By Connection Type, 2019-2032 (USD Billion)
115. South Africa IP Camera Market, By Component, 2019-2032 (USD Billion)
116. South Africa IP Camera Market, By End-user, 2019-2032 (USD Billion)
List of Figures
1. Global IP Camera Market Segmentation
2. IP Camera Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global IP Camera Market Attractiveness Analysis By Deployment
9. Global IP Camera Market Attractiveness Analysis By Product
10. Global IP Camera Market Attractiveness Analysis By Connection Type
11. Global IP Camera Market Attractiveness Analysis By Component
12. Global IP Camera Market Attractiveness Analysis By End-user
13. Global IP Camera Market Attractiveness Analysis By Region
14. Global IP Camera Market: Dynamics
15. Global IP Camera Market Share by Deployment (2022 & 2032)
16. Global IP Camera Market Share by Product (2022 & 2032)
17. Global IP Camera Market Share by Connection Type (2022 & 2032)
18. Global IP Camera Market Share by Component (2022 & 2032)
19. Global IP Camera Market Share by End-user (2022 & 2032)
20. Global IP Camera Market Share by Regions (2022 & 2032)
21. Global IP Camera Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2031. The Brainy Insights has segmented the global IP camera market based on below mentioned segments:
Global IP Camera Market by Deployment:
Global IP Camera Market by Product:
Global IP Camera Market by Connection Type:
Global IP Camera Market by Component:
Global IP Camera Market by End-user:
Global IP Camera Market by Region:
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Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
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