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Stratview Research has published a new report titled “Wireless Security Cameras Market” which is segmented By Type (Box Camera, Dome Camera, PTZ Camera, Bullet Camera, IP Camera, Day/Night Camera, Thermal (FLIR) Camera, Wireless IP Camera, Other), By Components (Hardware, Software, Video Surveillance as a Service (VSaaS)), Application (Commercial, Institutional, Border Security, City Infrastructure, Residential, Industrial), and Region.
As per the study, the global growth of wireless security cameras market size is primarily driven by widespread product usage across verticals including commercial buildings, residential buildings, and border security among others. Increasing crime rates have resulted in a significant increase in the adoption of wireless security cameras. In addition to this, the rising demand for technologically advanced security cameras is likely to create lucrative opportunities for the players operating in the global market.
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on application, the wireless security cameras market has been divided into commercial, institutional, border security, city infrastructure, residential, and industrial. The commercial application accounted for the largest market share in 2020. The segment growth can be attributed to increasing incidences of crimes and thefts across the geographies.
By region, the North American Wireless Security Cameras market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the widespread product usage across verticals in the region particularly in the US due to the high rate of crime incidences. The market growth in the Asia-Pacific region is expected to grow at the highest CAGR during the review on account of increasing product adoption with rising cases of theft and crimes particularly in India, China, and Southeast Asian countries.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Wireless Security Cameras Market:
Key questions answered by the report
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