Internet Protocol (IP) Camera Market Value to Reach $30.21 billion by 2028: Stratistics MRC
2021 - 2028 Global Internet Protocol (IP) Camera Market
According to Stratistics MRC, the Global Internet Protocol (IP) Camera Market is accounted for $8.04 billion in 2020 and is expected to reach $30.21 billion by 2028 growing at a CAGR of 18.0% during the forecast period. The growing security concerns, better image resolutions, and ease of installation are the major factors propelling the market growth. However, the high costs involved and the privacy concerns are hampering the market growth.
Some of the key players profiled in the Internet Protocol (IP) Camera Market include Arecont Vision, Avigilon, Axis Communications, Belkin, Bosch Security Systems, Dahua, D-Link, GeoVision, Hikvision, Honeywell, Mobotix, NetGeat, Panasonic, Pelco, Samsung, Sony, Toshiba, Vivotek, and Wanscam.
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