Global IP Camera market will reach 22465.6 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/5/23

The global IP Camera market is valued at 8025.8 million US$ in 2017 and will reach 22465.6 million US$ by the end of 2025, growing at a CAGR of 13.73% during 2017-2025.

Currently, there are many producing companies in the world. The main market players are Hikvision, Axis Communications, Panasonic, Dahua, Bosch Security Systems, NetGear, and so on. The revenue of IP Cameras is about 8025.8 Million USD in 2017.

China is the largest consumption region of IP Cameras, with a consumption market share nearly 40.15% in 2017. The second place is North America; following China with the consumption market share over 24.66% in 2017. Europe is another important production market of IP Cameras.

IP Cameras used in industry including Residential Use, Commercial Use, Manufacturing/Factory Use and Public & Government Infrastructure. Report data showed that 30.50% of the IP Cameras market demand in Residential Use, 54.8%in Commercial Use and Manufacturing/Factory Use, and 14.70% in Public & Government Infrastructure in 2017.

There are two kinds of IP Cameras, which are Centralized IP Cameras and Decentralized IP Cameras. Centralized IP Cameras are important in the IP Cameras, with sales market share nearly 73.30% in 2017.

Briefly speaking, in the next few years, IP Cameras industry will still be a high speed developing industry. Sales of IP Cameras have brought a lot of opportunities, there will more companies enter into this industry, especially in developed countries.

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