IP Camera Market - Forecast(2023 - 2028)

Report Code: ESR 0576 Report Format: PDF + Excel

IP Camera Market Overview

The IP Camera Market size was valued $7 billion in 2018, and the demand is estimated to grow at a CAGR of 16% during the forecast period 2019-2025. Increasing number of commercial buildings and small and medium enterprises are strengthening the deployment of IP cameras in these sectors, owing to security and surveillance applications.

IP Camera Market Report Coverage

The report: “IP Camera Market – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the IP Camera Market.

By Pixel Type: Less than 1.0 MP,1.1 - 3.0 MP,3.1 - 5 MP, More than 5 MP.
By Direction type: Omnidirectional, Unidirectional.
By Use type: Indoor, Outdoor.
By Type: Infrared, Box, Dome, PTZ, Bullet, Others.
By Peripheral hardware: Tripod, Monitor, Capture devices, Illuminators, Encoder, Server, Storage, Others.
By Application: Smart City, Commercial, Residential, Others.
By Cloud Deployment: Private cloud, Public cloud, Hybrid.
By Software & Services: Software ,Video Surveillance as a Service (VAAS).
By Sales channel: Dealers, Retailers, Direct Sales, Online Sale.
By Storage type: DVR, NVR, VMS, Expansion Storage, Others.
By Geography: North America, South America, Europe, APAC, RoW.

Key Takeaways

  • The adoption of surveillance cameras for security in BFSI buildings, electric grids, malls, metro stations and others has raised the requirement for IP cameras in such infrastructure. 
  • The construction segment in the IP camera market is anticipated to grow at a CAGR of 15.71% during the forecast period.
  • In February 2018, Arlo Technologies, Inc. declared its partnership with Eagle Eye Networks with plans to launch a unique commercial video surveillance technology that support wired and wireless IP security devices.

IP Camera Market Segment Analysis - By Pixel 

3.1 to 5.0 megapixels segment generated a revenue of $4.3 billion in 2018, and is projected to grow with a CAGR of 15% during the forecast period. This category supports H.264 Zip+ technology, which reduces the bandwidth and increases around 50% of storage space, making it suitable for indoor and outdoor applications such as in governmental infrastructure, offices, educational facilities and retail stores for Point of Sale (POS) monitoring. The fastest growing segment will be More than 5.0 MP, and projected to grow with a CAGR of 19% during the forecast period. 

IP Camera Market Segment Analysis - By Direction  

The use of omnidirectional camera has been increasing in robotics, due to their wide field of view. Due to development in cloud services and networking technology, IP omnidirectional cameras are becoming affordable for some major segments in video surveillance market. Omnidirectional segment is projected to grow at 17% CAGR during the forecast period. 

IP Camera Market Segment Analysis - By Use type 
The application of IP cameras in outdoor applications is continuously increasing in response to increased safety monitoring in public places. Due to harsh and extreme temperatures, thermal or infrared cameras which have great stability are gaining popularity. . Outdoor segment is forecast to grow at 16.89% CAGR during the forecast period.

IP Camera Market Segment Analysis - By Type  

Infrared IP cameras are vital for industries such as food inspection, medical imaging, and others where thermal data management is critical. The World Bank’s 2018 study highlights that the unsafe food costs low-and middle-income economies about $110 billion in lost productivity and medical expanses every year. To reduce some proportion of this cost, preventative measures such as usage of infrared IP camera will play a major role. Infrared IP Camera market was valued $1.2 billion in 2018 and is projected to grow at 18% CAGR during the forecast period.

IP Camera Market Segment Analysis - By Peripheral Hardware 

Majorly, IP camera manufacturers integrate SD and microSD storage in their camera products as these storage sources are cheap and reliable. Moreover, cloud storage such as Dropbox, iCloud, and Google drive are also increasingly being used as storage systems for IP Camera via internet. The IP camera market value for the storage segment is estimated to be $1.1 billion for 2018, and forecast to grow at a CAGR of 18.24% during the forecast period.

IP Camera Market Segment Analysis - By Software & Services 

Software is the primary revenue generating segment of the IP Camera market, owing to increasing adoption of such cameras  in video management applications. Increasing need for security and threat identification has been stimulating the market growth of Video Content Analysis (VCA) software for security and monitoring applications. The VCA market was valued as $515.4 min 2018, which is projected to grow at 19% CAGR during the forecast period.    

IP Camera Market Segment Analysis - By Application 

The rapidly growing population which is projected to be 8.6 billion by 2030 by the United Nations, will enable real-estate industry to observe a disruptive growth. The Commercial constructions such as office and retail buildings are growing in countries like the U.S. and India. Thus, it will increase the usage of IP Cameras for security applications in commercial sector over the forecast period, the commercial application IP camera market was estimated to be $4,254.3 million in 2018. 

IP Camera Market Segment Analysis - By Cloud Deployment 

Cloud base is growing rapidly providing easy access of information and quick deployment of infrastructure. IP camera based on cloud deployment is classified into public cloud, private cloud and hybrid. Public clouds utilize shared infrastructure and are suitable for handling insensitive information. Availability, reliability, pay for usage, and freedom of self-service are the features supporting the market growth. The public cloud market is projected to grow at 18.46% CAGR, during the forecast period. 

IP Camera Market Segment Analysis - By Video format  

High Definition Transport Video Interface (HD-TVI) is the latest video transmission technology over coax technologies which support up to 1080p video resolution. The technology was officially released at the end of 2014, and is estimated to account for $2,621.7 million for 2018 growing at a CAGR of 18.54% during the forecast period.

IP Camera Market Segment Analysis - By Sales Channel  

The IP camera market with respect to dealer sales channel is anticipated to grow by 17.21% CAGR, during the forecast period. Dealers grant special exchange offers related to low transaction cost and fast trade execution that include simple and easy trading mechanism, skipping the role of brokers and thus, avoiding extra cost.

IP Camera Market Segment Analysis - By Storage Type  

The IP cameras market for digital video recorder (DVR) accounted $3.9 billion in 2018 and anticipated to grow at a CAGR of 17.41% during the forecast period. The growth is attributed to benefit delivered by DVRs, such as, it provides more convenience of remote access by video server that links existing IP cameras to the IP network, enabling easy monitoring of public sites.

IP Camera Market Segment Analysis - By Geography  

North America is the leading region in IP Camera Market, where the U.S. is the major contributor, owing to increased demand for small installations and advanced workplace surveillance, which simultaneously drives demand for the IP camera market. According to the report by BuiltWorlds Inc., 50% of all constructions in the U.S. from 2019 to 2023 are expected to occur in just 20 cities. From those cities, New York, Los Angeles, Dallas, Houston and Washington, are expected to generate higher demand for IP cameras. 

IP Camera Market Drivers  

Growth in the Real Estate 

The U.N. has projected that world population will grow rapidly to 8.6 billion by 2030, which will lead to disruptive growth in the real-estate industry. Hence, real-estate industry growth will boost the IP camera market to aid in security & surveillance applications. Statistics Canada’s third-quarter report of 2018 on national wealth released that the total national wealth accounted $11.415 trillion in the third quarter, and at $8.752 trillion, real estate made up a 76% share. That was the highest that both figures had been, going back to the second quarter of 2007.

Stringent Government Regulations

The IP camera market is positively influenced by the government regulations. Governments in the Middle East region are highly concerned regarding safety and security of public and private infrastructure. IP-based surveillance systems have already been deployed in Dubai, Abu Dhabi, and other Gulf nations. Surveillance systems have undergone drastic transformations, owing to real-time video analytics. Highway surveillance has benefitted from evolution of IP cameras. Government regulations are also embracing technologies for enhancing safety and security, and the infrastructure. 

IP Camera Market Challenges 

Data Privacy

Transferring data over the internet, increase the chances of data exposure to remote attacks, thus, IP Cameras market is facing a major challenge of security breach that involve transferring of sensitive data. 

Internet penetration and speed

Less Internet penetration and inadequate Internet speed is also an issue that can pose hurdles in the growth of the IP Camera market in many under developed and developing countries. Good internet connection, reliability and adequate Internet speed is the primary factor considered while incorporating IP Cameras. 

Market Landscape

Companies operating in the IP Camera Market are focusing more on product launches which accounted for 77% of the total developments during 2016-2018. The major players in the IP Camera Market include Avigilon Corporation, Axis communication AB, Bosch Security Systems Inc., Honeywell International Inc., Flir Systems, Hanzhou Hikvision Digital Technology Co., Ltd., and others.


In November 2016, Bosch Security Systems partnered with Sony Corporation for marketing video security solutions. This partnership will leverage Bosch’s expertise in video analytics and Sony’s indubitable finesse in the camera technology.

R&D Investments/Funding

In 2018, CP Plus, a security and surveillance solutions provider, raised funding of around $100m. This funding has helped CP Plus to manufacture and sell products such as CCTV cameras, high-definition IP video surveillance cameras, mobile DVRs, home automation solutions, accessories and customized enterprise level security systems.
In 2018, California-based startup Owl launched a connected car security camera, and raised funding of $18m to further power its security camera business.

IP Camera Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the IP camera market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of IP cameras, and their specific applications in the smart city, commercial, security and surveillance sectors.

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1. IP Camera Market - Overview
1.1. Definitions and Scope
2. IP Camera Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. IP Camera Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. IP Camera Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. IP Camera Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. IP Camera Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. IP Camera Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. IP Camera Market – By Product (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Fixed Cameras
8.3.2. Fixed Dome Cameras
8.3.3. PTZ Camera
8.3.4. PTZ Dome Camera
8.3.5. Non Mechanical PTZ Camera
9. IP Camera Market – By Mounting (Market Size -$Million / $Billion)
9.1. Wall mounts
9.2. Ceiling mounts
9.3. Parapet mounts
9.4. Pole mounts
10. IP Camera Market – By Installation Type (Market Size -$Million / $Billion)
10.1. DVR Technologies
10.2. PC Based DVR
10.3. Hardware based DVR
11. IP Camera Market – Connectivity (Market Size -$Million / $Billion)
11.1. Centralized
11.2. Decentralized
12. IP Camera Market – By Type of Mobile Application Convergence (Market Size -$Million / $Billion)
12.1. VHDR Lite
12.2. iCamViewer
12.3. Security Cam with Dropbox & YouTube Sync
12.4. XProtect Mobile
12.5. Smartvue S9
12.6. V mobile
12.7. Mobile focus
12.8. Others
13. IP Camera Market – Applications (Market Size -$Million / $Billion)
13.1.1. Home Front Door Back Door Backyard Cameras Warehouse Garage
13.2.1. Retail
13.2.2. Office Entrances/Exits
13.2.3. Office Supply and Storage Rooms
13.2.4. Industrial
13.2.5. Healthcare
13.2.6. Real-estate
13.2.7. Others
13.3.1. Transportation
13.3.2. Government
13.3.3. BFSI
13.3.4. Education
13.3.5. Others
14. IP Camera - By Geography (Market Size -$Million / $Billion)
14.1. IP Camera Market - North America Segment Research
14.2. North America Market Research (Million / $Billion)
14.2.1. Segment type Size and Market Size Analysis 
14.2.2. Revenue and Trends
14.2.3. Application Revenue and Trends by type of Application
14.2.4. Company Revenue and Product Analysis
14.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
14.3. IP Camera - South America Segment Research
14.4. South America Market Research (Market Size -$Million / $Billion)
14.4.1. Segment type Size and Market Size Analysis 
14.4.2. Revenue and Trends
14.4.3. Application Revenue and Trends by type of Application
14.4.4. Company Revenue and Product Analysis
14.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
14.5. IP Camera - Europe Segment Research
14.6. Europe Market Research (Market Size -$Million / $Billion)
14.6.1. Segment type Size and Market Size Analysis 
14.6.2. Revenue and Trends
14.6.3. Application Revenue and Trends by type of Application
14.6.4. Company Revenue and Product Analysis
14.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
14.7. IP Camera – APAC Segment Research
14.8. APAC Market Research (Market Size -$Million / $Billion)
14.8.1. Segment type Size and Market Size Analysis 
14.8.2. Revenue and Trends
14.8.3. Application Revenue and Trends by type of Application
14.8.4. Company Revenue and Product Analysis
14.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia
15. IP Camera Market - Entropy
15.1. New product launches
15.2. M&A's, collaborations, JVs and partnerships
16. IP Camera Market – Industry / Segment Competition landscape Premium
16.1. Market Share Analysis
16.1.1. Market Share by Country- Top companies
16.1.2. Market Share by Region- Top 10 companies
16.1.3. Market Share by type of Application – Top 10 companies
16.1.4. Market Share by type of Product / Product category- Top 10 companies
16.1.5. Market Share at global level- Top 10 companies
16.1.6. Best Practises for companies
17. IP Camera Market – Key Company List by Country Premium
18. IP Camera Market Company Analysis
18.1. Market Share, Company Revenue, Products, M&A, Developments
18.2. Bosch Security Systems
18.3. Hikvision Digital Technology
18.4. Honeywell Security
18.5. Tyco International 
18.6. Company 5
18.7. Company 6
18.8. Company 7
18.9. Company 8
18.10. Company 9
18.11. Company 10 & More
"*Financials would be provided on a best efforts basis for private companies"
19. IP Camera Market -Appendix
19.1. Abbreviations
19.2. Sources
20. IP Camera Market -Methodology Premium
20.1. Research Methodology
20.1.1. Company Expert Interviews
20.1.2. Industry Databases
20.1.3. Associations
20.1.4. Company News
20.1.5. Company Annual Reports
20.1.6. Application Trends
20.1.7. New Products and Product database
20.1.8. Company Transcripts
20.1.9. R&D Trends
20.1.10. Key Opinion Leaders Interviews
20.1.11. Supply and Demand Trends