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Asia Pacific IP Camera Market is Expected to Create New Prospects Future Growth USD 6 Billion by 2026

Author : Ronak Bora | Published Date : 2021-09-07 

Asia Pacific IP camera market is projected to expand at a steady rate in the coming years because of the growing concerns over national security and the need to improve the overall functioning of public infrastructure. These cameras are experiencing technological transformation as SaaS-based IT solutions and IoT trends are being used to make these systems as advanced as possible.

IP cameras are digital video cameras that receive important data about certain places and send images through an IP network. They do not require a recording device to keep history of all the events unlike a CCTV camera. They are mainly used to enhance the security of public places like airports, shopping malls and railway stations. The need for having high-resolution security cameras is increasing among end-users, thereby introducing advanced 4K devices.

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Some of the key trends that will bolster Asia Pacific IP camera market are mentioned below:

COVID-19 impact on the demand for IP cameras:

The COVID-19 pandemic had an impact on the progress of Asia Pacific IP camera market. Since strict lockdown measures were imposed by governments across the region, the sales of IP cameras dropped to a great extent. This was mainly because of the absence of people at public places like shopping malls and airports. However, now that the effect of the pandemic is gradually fading away, public spaces are being reopened. This will play a vital role in helping the regional IP camera industry recover its losses by installing advanced video software and hardware to increase the security measures at public areas.

PTZ cameras will find use in manufacturing industry:

Pan tilt zoom (PTZ), infrared and fixed camera systems are popularly used by end-users in Asia Pacific. Among these, the PTZ IP cameras will witness rise in demand in the region because of the role they play in the manufacturing sector. These cameras will be extensively used for visual inspection, product checks and error control. They can help in increasing the security of manufacturing areas where raw materials and other important items are kept. They can help the authorities in investigating cases of burglary and theft through virtual identification of suspects with the help of the image and video data recorded.

Centralized IP camera connections for home security:

Centralized IP camera connection systems will grow in demand among end-users in APAC region. One of the major reasons for this is the rising need for enhancing the safety measures in home security systems. The Asia Pacific IP camera market manufacturers are using advanced IoT technology that helps in streamlining the centralized IP cameras with other devices at home like speakers, access control systems, intercoms and HVAC. This helps the homeowners keep a close eye on the activities at home without being there and they can remotely control different systems from time to time.

Rising use of IP camera systems in retail sector:

Asia Pacific IP camera market share will grow from retail sector application. One of the major reasons for this is the need to take proactive security measures to protect assets and people visiting shopping malls and hypermarkets. IP cameras are not just useful for increasing the security of an area, but they provide retailers with valuable business information as well. They help the shop owners know about the peak hours of business and the average time during which the shops receive maximum footfall. These factors help the businessmen devise their strategies accordingly to increase their profits and expand their customer base.

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Some of the major companies involved in offering IP camera solutions to customers across Asia Pacific are Guangzhou Juan Intelligent, Avigilon, Canon Inc., Netgear Inc. and some others.

Table of Contents (ToC) of the report:

Chapter 1. Methodology and Scope

1.1. Research methodology

1.2. List of data sources

1.2.1.   Secondary

1.2.2.   Primary

Chapter 2. Market Snapshot

2.1. Asia Pacific IP camera market snapshot

Chapter 3. Asia Pacific IP Camera Trends

3.1. Industry coverage

3.2. Industry size, 2016 – 2026

3.3. Impact of COVID-19 pandemic

3.4. Value chain analysis

3.4.1.   Company product snapshot

3.5. Innovation landscape

3.6. Regulatory norms & directives

3.7. Drivers & restraints

3.7.1.   Market drivers

3.7.2.   Market restraints

3.8. Industry analysis - Porter's

3.9. Competitive benchmarking, 2019

3.9.1.   Strategy dashboard

3.10.     PEST analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1706/asia-pacific-ip-camera-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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