IP Camera Market - Forecast(2020 - 2025)
IP Camera Market Overview: According to Interpol, at the end of December 2017, there were 7.19 million records of reported stolen motor vehicles along across 126 countries [1] . The disconcerting number of thieveries and robberies across the globe has become a major concern to the security and surveillance sector which is creating a tangible need for IP camera devices that have already become an alternative to the watchful human eyes. As the research by IndustryARC’s market analyst, the IP camera market size was valued to be $6.0 billion to $6.3 billion in 2018, and the demand is estimated to grow at a remarkable CAGR of 9.5% to 10.5% during the forecast period of 2019 to 2025. Request Sample North America is observing a constant development in the commercial and industrial sector. Additionally, the soaring construction of skyscrapers and shopping mall in the region is a well-known phenomenon. The region is also ahead in terms of security and surveillance, and IP camera is an integ