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According to our latest market study, titled “Surveillance Camera Market” offers effective, powerful, and affordable security protection for both commercial and residential areas. Technological innovations have made video surveillance options customizable and scalable tailored specifically for user purposes. Three main requirements have driven changes in CCTV technology. The first is the need to reduce the cost of recording and to store video for long periods. The second is the need to reduce the amount of space required by these systems. And the third is the need for improved accessibility. During the initial phase of video surveillance technology, analog cameras were being used; however, the market is witnessing a change with the increased acceptance and adoption of IP cameras. The major advantage of IP cameras over conventional cameras is the benefit of transferring captured data or imageries directly over the internet, within a fraction of second. The IP cameras are either centralized, which requires Network Video Recorder (NVR) to monitor recordings, or decentralized in which the camera recording can be stored in any local or remote storing devices.

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List Of TOP KEY PLAYERS in Surveillance Camera Market Report are –

Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd, FLIR Systems, Inc., Hanwha Techwin Co., Ltd., and Robert Bosch GmbH – PROMINENT MARKET PARTICIPANTS IN SURVEILLANCE CAMERA MARKET

The usage of Wi-Fi is also available with the IP cameras for transferring data instantly. In addition, the option for installing various video analytics software in the IP cameras for automatic analysis of the imageries by the cameras is also increasing the interest among the end-users. In addition, the IP cameras offer a wide range of features such as large scalability, low price, and two-way communication, motion detection, and alarm systems. The above-mentioned benefits are propelling the governments of developed as well as developing countries to adopt IP cameras as crime rates, terrorism, and civil unrest activities are constantly growing.

Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd, FLIR Systems, Inc., Hanwha Techwin Co., Ltd., and Robert Bosch GmbH are some of the key market players operating in the global surveillance camera market. The listing of key players is derived by considering multiple factors such as overall revenue, current surveillance camera portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, mergers & acquisitions and other market related activities. There are various other notable players in the global surveillance camera market ecosystem such as Honeywell International Inc., Panasonic Corporation, Canon Inc., Pelco Corporate, and The Infinova Group. In August 2019, Pelco Corporate introduced Sarix Professional Series 3 Fixed IP Cameras. These cameras are catered in minidome, bullet, box, and wedge configurations that provide a balanced set of features and performance at affordable price points that allow for deployment across a wide range of indoor and outdoor applications.

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The security and surveillance industry has emerged over the years, and the trend is driving from physical security to video-based security and surveillance with the support of camera technology. The shift is majorly driven by factors such as increased safety and time, cost-efficiency, and convenience of the end-user. Moreover, video surveillance systems offer various benefits to its users, such as better work productivity, remote monitoring, traffic management, protection against theft, and also help in collecting evidence in legal cases. During the initial stage of video surveillance technology, the analog cameras were being utilized significantly; however, the industry is foreseeing a change with the increased acceptance and adoption of IP-based cameras.

The major advantage of IP cameras over the conventional cameras is the advantage of transferring captured imageries or data directly over the internet, in a fraction of second. IP cameras are either centralized that need Network Video Recorder (NVR) for monitoring recordings, or decentralized where the camera recordings can be stored in any of the remote or local storing devices. Further, the utilization of Wi-Fi is available with the IP cameras to transfer data instantly. Additionally, the option for installing numerous video analytics software in these cameras for automatic analysis of the imageries by the cameras is also rising the interest among the various end-users.

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With tables and figures, helping analyze worldwide Global Surveillance Camera Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.

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