Wireless Video Surveillance Market Size & Analysis Report by Component, By System, By End-User and By Region – Global Opportunities & Forecast, 2021-2028
Wireless Video Surveillance Market Size & Analysis Report by Component (Hardware, Software, and Services), By System (IP Camera, and Analog), By End-User (Commercial, Industrial, Residential, Government & Defence, and Others), and By Region – Global Opportunities & Forecast, 2021-2028
Published Date: Feb-2022 | Report Format: Excel/PPT | Report Code: UP1134A-00-0620
Wireless Video Surveillance is expected to reach USD 85 billion by 2028 and anticipated to grow at 10.3% CAGR during the forecast period.
Introduction of the Wireless Video Surveillance Market Report
Wireless video surveillance is CCTV cameras that transfer video and audio signals to a wireless receiver through a radio band. It refers to video and audio transmission, and many wireless cameras have at least one wire for power. However, some cameras operate on batteries that are completely wire-free. Wireless is gaining popularity among modern security consumers due to its low installation cost and flexible mounting option. The wireless camera operates when there is a clear line of sight between the camera and receiver. Cubical walls, windows, drywall, and glass generally do not reduce the signal strength, but a tree and competing signals using the same frequency, such as cordless phone routers, can weaken the signal strength.
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Market Dynamic
Key Drivers and Emerging Trends
The factors driving the global wireless video surveillance market include rapid urbanization and subsequent demand for real-time video monitoring and disruptive technology. The public transit surveillance system is used extensively for security enhancement to protect ground transportation against adverse incidents. According to National Insurance Crime Bureau, in the U.S., 873,080 vehicles have been stolen in 2020, 9.2% more than in 2019. The growing economic establishment and government offices will boost the market growth due to the requirement of video surveillance to prevent fraud and terrorism activities. The robust mobile video surveillance is being deployed in police cars, trains, school buses, airports to diminish vandalism and other criminal activities, which will drive the market growth. The wireless video camera is majorly used in residential security systems because it provides clean installation without drilling through walls or ceilings. It also provides more flexibility because it is not tied down by wire, which allows the system to be easily rearranged and move to a new place if required. With advent of AI, machine learning and 4K video resolution, the demand of wireless video surveillance system has increased.
Restraint in the Wireless Video Surveillance Market
However, the wireless video surveillance system total depends on the network strength. Any disruption or weak signal can cause loss of connectivity to the system resulting in lost footage. This factor can act as a restraint and hamper the market growth.
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Component – Segment Analysis
Based on the component, hardware is expected to grow at a higher CAGR during the forecast period. The rising security concern in various sectors will increase the deployment of the security camera. The technical advancement in the camera provides highly specialized surveillance as zoom-in & zoom-out, thermal screening, motion detection, night vision, and remote video surveillance will propel the market growth. The wireless video surveillance system requires various hardware such as camera, computer, receiver, and others to operate smoothly without any hindrance.
System – Segment Analysis
Based on the system, the IP camera is expected to grow at a higher CAGR over the forecast period. IP Camera wireless camera offers very high-resolution video and audio. It also allows two-way communication between cameras and computers. The internet protocol (IP) camera is a digital video camera that transmits and receives data over the internet. The images captured by an IP camera can be viewed from anywhere in the world through the internet. The demand for IP cameras increases due to their flexibility, requiring nothing more than a network connection. There is no need for co-axial cable, computer system, or even power cable. Nowadays, IP cameras and recorders are equipped with in-built analytics that allows users to get exactly what they’re looking for in the security system. For instance, Optiview, Inc. IP network cameras and NVRs comes packed with professional-grade analytics features such as AI smart search, intelligent motion detection, ANR, dewarp, among others.
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Regional – Segment Analysis:
Based on the region, the APAC region is expected to grow at a higher CAGR in the global wireless video surveillance market over the forecast period. The demand for wireless video surveillance will increase in the region due to the elevation in the number of retail stores, small businesses, residential apartments, and hospitals in the region. With the increasing population, the government will also require a surveillance system to manage traffic and crime. For instance, in India, the Delhi government has installed 0.132 million CCTV cameras in 2021. The existence of multiple camera producers in the region and the availability of low-cost video surveillance systems are propelling the market growth in the region.
Top Market Players
Various notable players operating in the market, include, Sony Electronics Inc., Bosch Sicherheitssysteme GmbH, CP PLUS International, Samsung, Hi-Focus, Honeywell International Inc, SimpliSafe, Inc., ADT, Canary Connect, Inc, Hangzhou Hikvision Digital Technology Co., Ltd., among others.
Key Developments:
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- In 2021, Bosch Sicherheitssysteme GmbH launched new traffic detector software designed primarily for traffic applications such as intersection monitoring, automatic incident detection, and facilitating data-driven decision-making.
- In 2020, CP PLUS International introduced an AI Super-Precision face-recognition attendance solution built with temperature measurement, face recognition, assess control, and provided alerts.
Segments covered in the Report:
The global wireless video surveillance market has been segmented on the basis of component, system, end-user. Based on component, the market is segmented into hardware, software, and services. Based on system, the market is segmented into IP Camera and Analog. Based on end-user, the market is segmented into commercial, industrial, residential, government & defence, and others.
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Key questions answered in this research report:
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- At what pace is global wireless video surveillance market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in wireless video surveillance market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global wireless video surveillance market?
- Which component generated maximum revenues in 2020 and identify the most promising component during the forecast period?
- What are the various system areas of global wireless video surveillance market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2020 |
Market Forecast Period |
2021-2028 |
Market Revenues (2028) |
USD 85 Billion |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Component, By System, By End-User, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Sony Electronics Inc., Bosch Sicherheitssysteme GmbH, CP PLUS International, Samsung, Hi-Focus, Honeywell International Inc, SimpliSafe, Inc., ADT, Canary Connect, Inc, Hangzhou Hikvision Digital Technology Co., Ltd., among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Wireless Video Surveillance Market by Component
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- Hardware
- Software
- Services
Global Wireless Video Surveillance Market by System
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- IP Camera
- Analog
Global Wireless Video Surveillance Market by End-User
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- Commercial
- Industrial
- Residential
- Government & Defence
- Others
Global Wireless Video Surveillance Market by Region
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- North America Wireless Video Surveillance Market (Option 1: As a part of the free 25% customization)
- North America Wireless Video Surveillance Market by Component
- North America Wireless Video Surveillance Market by System
- North America Wireless Video Surveillance Market by End-User
- US Wireless Video Surveillance Market All-Up
- Canada Wireless Video Surveillance Market All-Up
- Europe Wireless Video Surveillance Market (Option 2: As a part of the free 25% customization)
- Europe Wireless Video Surveillance Market by Component
- Europe Wireless Video Surveillance Market by System
- Europe Wireless Video Surveillance Market by End-User
- UK Wireless Video Surveillance Market All-Up
- Germany Wireless Video Surveillance Market All-Up
- France Wireless Video Surveillance Market All-Up
- Spain Wireless Video Surveillance Market All-Up
- Rest of Europe Wireless Video Surveillance Market All-Up
- Asia-Pacific Wireless Video Surveillance Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Wireless Video Surveillance Market by Component
- Asia-Pacific Wireless Video Surveillance Market by System
- Asia-Pacific Wireless Video Surveillance Market by End-User
- China Wireless Video Surveillance Market All-Up
- India Wireless Video Surveillance Market All-Up
- Japan Wireless Video Surveillance Market All-Up
- Rest of APAC Wireless Video Surveillance Market All-Up
- RoW Wireless Video Surveillance Market (Option 4: As a part of the free 25% customization)
- RoW Wireless Video Surveillance Market by Component
- RoW Wireless Video Surveillance Market by System
- RoW Wireless Video Surveillance Market by End-User
- Brazil Wireless Video Surveillance Market All-Up
- South Africa Wireless Video Surveillance Market All-Up
- Saudi Arabia Wireless Video Surveillance Market All-Up
- UAE Wireless Video Surveillance Market All-Up
- Rest of world (remaining countries of the LAMEA region) Wireless Video Surveillance Market All-Up
- North America Wireless Video Surveillance Market (Option 1: As a part of the free 25% customization)
Major Players Operating in the Wireless Video Surveillance (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Sony Electronics Inc.
- Bosch Sicherheitssysteme GmbH
- CP PLUS International
- Samsung
- Hi-Focus
- Honeywell International Inc
- SimpliSafe, Inc.
- ADT
- Canary Connect, Inc
- Hangzhou Hikvision Digital Technology Co., Ltd.
Frequently Asked Question About This Report
Wireless Video Surveillance Market [UP1134A-00-0620]
Several leading players operating in the market includes Sony Electronics Inc., Bosch Sicherheitssysteme GmbH, CP PLUS International, Samsung, Hi-Focus, Honeywell International Inc, SimpliSafe, Inc., ADT, Canary Connect, Inc, Hangzhou Hikvision Digital Technology Co., Ltd., among others
Wireless Video Surveillance Market is anticipated to grow at 10.3% CAGR during the forecast period.
The major factors driving the wireless video surveillance market include rapid urbanization and subsequent demand for real-time video monitoring and disruptive technology
Asia Pacific region is expected to grow at a higher CAGR in the wireless video surveillance market over the forecast period due to the elevation in the number of retail stores, small businesses, residential apartments, and hospitals in the region.
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Wireless Video Surveillance Market Size & Analysis Report by Component, By System, By End-User and By Region – Global Opportunities & Forecast, 2021-2028
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