In a recently released research report, Technavio’s analysts forecast the global wireless video surveillance market to grow at a CAGR of 21.35% over the period 2014-2019. The report covers the present scenario and the growth prospects of the global wireless video surveillance market for 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of wireless video surveillance solutions.
Technavio researchers found that video surveillance requires strong network infrastructure for efficient data transmission, which incurs a high TCO. These include replacement and upgrading costs of video surveillance equipment, cost to maintain network infrastructure, and cost of hiring professional expertise. Wireless video surveillance connects wireless network access points to surveillance equipment such as cameras, storage devices, and video recorders for efficient monitoring from a remote location and negates the need of investment in network infrastructure.
Within the report the market is segmented on the basis of geography into the Americas, EMEA, and APAC and it also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. In addition, it discusses the major drivers that influence the growth of the market and outlines the challenges faced by vendors and the market at large, as well as the key emerging trends.
Technavio’s report, the Global Wireless Video Surveillance Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the global wireless video surveillance market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors including Axis Communications, Bosch Security Systems, Cisco Systems and Hikvision, along with other prominent vendors in the field such as Frontpoint Security, Micropower Technologies, Motorola Solutions, Nice Systems, Pelco, Proxim Wireless, Seon and Tyco.