ALBANY, N.Y.—The move to IP is starting in the world of video surveillance according to the recently released “Global Wireless Video Surveillance Market 2017-2021” report from Market Research Reports. With the CAGR for the industry predicted to be more than 21 percent over the next five years, the report indicates that the shift from analog to IP cameras is among the biggest trends.
Reasons cited for the move to IP by the report include the low cost of wireless video surveillance installation, low cost of maintenance and low total cost of ownership, as well as greater flexibility, easy installation, better compatibility with consumer needs and improved scalability.
Additional findings in the report include the increased use of thermal cameras; citing the Americas as the current main global market; and identifying the commercial sector as the key sector for wireless video surveillance.
The full “Global Wireless Video Surveillance” report is available here.