COVID-19 Impact Analysis on Internet Protocol (IP) Camera Market during Q1 of 2021| Expected to reach USD 19 Billion by 2025|Technavio
NEW YORK, April 16, 2021 /PRNewswire/ --
The Internet Protocol (IP) camera market is expected to grow by USD 19.03 billion, progressing at a CAGR of almost 18% during the forecast period.
The growth of video analytics is one of the major factors propelling the market growth. However, the high cost of installation of IP cameras might challenge market growth.
Internet Protocol (IP) Camera Market: Connectivity Landscape
Internet Protocol (IP) Camera Market: Geographic Landscape
The US and Canada are the key markets for IP cameras in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.
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