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.
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.
Get Free Sample Copy Report @ https://www.marketresearchfuture.com/sample_request/975
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.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/wireless-monitoring-surveillance-market-975
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments.
Our deemed analysts make industrial visits and collect valuable information from influential Market players. Our main goal is to keep our clients informed of new opportunities and challenges in various Market Covid-19 Impacts. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
Contact:
Market Research Future
528, Amanora Chambers, Magarpatta Road, Hadapsar
Pune – 411028, Maharashtra, India
Email: sales@marketresearchfuture.com