Summary:
A New Study Title “Wireless Monitoring and Surveillance Market Size, Status And Forecast 2027” Has Been Featured On Market Research Future.
Overview:
Wireless monitoring and surveillance is the latest security feature being implemented in various areas using Wi-Fi technology. Its ability in capturing images and video feeds at a rapid velocity and covering a large area can lead to its implementation. The global wireless monitoring and surveillance market report by Market Research Future (MRFR) covers drivers, challenges, opportunities, and trends for the period of 2018 to 2023 (forecast period). Implications of the COVID-19 pandemic on the industry have been taken into account in the latest iteration of the report.
Market Scope
The global wireless monitoring and surveillance market is expected to reach USD 111.10 billion in 2023 at a CAGR of 16.85% during the forecast period. It was valued at USD 44.55 billion in 2017.
The market is driven by benefits of Wi-Fi such as flexible connectivity, accurate data transmission, cheap installation, and fast transfer of data. Implementation of remote surveillance networks for enhancing the security in commercial and industrial premises can drive the market demand over the forecast period. Wireless sensor networks are put in place for video monitoring of specific places and archived for later viewing. Establishment of consortiums for defining certain standards and rules for protecting data gained by surveillance and monitoring can bolster the market demand. In addition, development of mobile apps for monitoring and availability of customized kits for easy installation of systems will benefit the market in the long run.
Alternative to Wi-Fi such as Bluetooth Low Energy, NB-IoT, and Zigbee and the low security features of wireless technology are major challenges faced by the market.
Segmentation
By component, the market is segmented into hardware, software, and services. Hardware is further segmented into network equipment/nodes, monitoring stations, cameras, servers, and others. Services are segmented into monitoring, designing & implementation, and control services.
By type, the market is segmented into wireless personal monitoring system, wireless video monitoring system, wireless security monitoring system, and wireless network monitoring system.
By connectivity, the market is segmented into cellular/LTE, Wi-Fi, Bluetooth/BLE, Zigbee, 6LoWPAN, Z-Wave, NB-IoT, and others.
By end-user, the market is segmented into healthcare, BFSI, security, infrastructure, government, entertainment & media, and others.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/975
Regional Analysis
The regional analysis of wireless monitoring and surveillance market is studied for North America, Europe, Asia-Pacific, and the rest of the world. Among the regions mentioned above, the wireless monitoring system and surveillance have spread its roots in North America and most of Europe. Wireless monitoring systems are rapidly replacing the traditional monitoring and surveillance system. There is a rising need for efficient video surveillance in public as well as private sector across the US, Canada, UK, France, and Germany. There is a close competition between North America and Europe for the dominating region. However, Europe is expected to lead the market by the end of the forecast period due to emerging startups and already established vendors in this region catering to the growing need for effective security measures across the globe. On the other hand, Asia-Pacific is expected to be the fastest growing region. One of the major factors for this fast growth is urbanization and fastest growing emerging economies.
Competitive Landscape
National Instruments Corporation, Axis Communications AB, Cisco Systems Inc., Uniden Corporation, Panasonic Corporation, The ADT Corporation, Robert Bosch GmbH, Honeywell International Inc., D-Link Corporation, and Texas Instruments Inc. are key players of the global wireless monitoring and surveillance market.
Browse Complete Report Here:
https://www.marketresearchfuture.com/reports/wireless-monitoring-surveillance-market-975
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com