European IP Camera Market revenue to hit $4.5 Bn by 2026
Published Date: November 24, 2021 Request a sample
European IP Camera Market size is expected to reach USD 4.5 billion by 2026, according to a latest forecast report by Graphical Research. IP cameras are gaining popularity in Europe due to their advantages over other analog IP cameras such as easy operation, remote access, connectivity with multiple devices (IoT), and low Total Cost of Ownership (TCO). The advent of advanced technology such as 5G and AI is supporting market growth. IP cameras enable a host of advanced functions, such as video loss alarm, motion detection, and alarm & real-time security alerts, for users to view and verify activities in the monitored areas. These factors are proliferating their adoption in end-use applications. IR cameras will witness high demand as they are vital to identify and quantify heat sources. They find applications in the agriculture, construction, security, and surveillance industries. Infrared cameras are witnessing high adoption in the military & defense sector for detecting enemy intrusion in low-light conditions. Cameras are installed in military aircraft to take snapshots of the enemy’s military base to develop corresponding strategies accordingly. There is a growing demand for these cameras for applications such as remote surveillance, border guard, investigation, and protection of critical infrastructure. Browse detailed statistical insights from the report, “Europe IP Camera Market Forecast 2026 By Application (Residential [Home Security, Smart Home], Commercial [Retail, Industrial, Healthcare, Real Estate], Public/Government [Transportation, BFSI, Education, Government Facilities]), By Product (Fixed, PTZ, Infrared), By Connection (Centralized, Decentralized), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @ https://www.graphicalresearch.com/industry-insights/2017/europe-ip-camera-market The centralized IP camera system segment is estimated to witness significant growth over the forecast period. The centralized system offers large and customizable storage space that ensures enhanced flexibility. In a centralized system, the server carries the entire load, in turn, increasing investments on the server-side. These systems are more suitable for multi-IP camera platforms. Industries install IP cameras to ensure 24-hour monitoring of critical assets. The industrial sectors utilizing these solutions include the chemical, mining, oil & gas, and biochemical sectors. The increasing adoption of surveillance systems in the mining sector is expected to drive the market growth. Infrared cameras enable authorities to detect overheating of mining equipment such as power cable junction points, switchboards, or detecting personnel or objects. They also enable the identification of potentially hazardous areas in poor lighting conditions. The IP camera in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million and shipments in units from 2015 to 2026 for the following segments: Europe Market, By Product Europe Market, By Connection Europe Market, By Application The above information has been provided for the following countries: