A network camera, also known as an IP camera, is made from a combination of a camera and a computer in a network infrastructure. The camera consists of a lens, an image sensor, memory, and a processor. The processor has image processing, compression, video analysis, and networking functionalities and the memory stores videos and images captured by the network camera to be accessed later. Network cameras are used in surveillance as they can be installed at several points within a network and they enable efficient data transmission to a set of monitors over an IP network.
Technavio’s analysts forecast the global network camera market to grow at a CAGR of 43.25% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global network camera market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of network cameras.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Network Camera Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Axis Communications - Bosch Security Systems - Hikvision Digital Technology - Honeywell Security - Tyco International
Other prominent vendors - Arecont Vision - Cisco Systems - D-Link - FLIR Systems - Lumenera - Mobotix (Konica Minolta) - Panasonic - Hanwha Techwin - Schneider Electric (Pelco) - Sony - Swann
Market driver - Rise in demand for security systems from BFSI sector. - For a full, detailed list, view our report
Market challenge - Lack of awareness among end-users about advanced technologies in security solutions. - For a full, detailed list, view our report
Market trend - Increased adoption in commercial buildings. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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