Wireless Monitoring & Surveillance – Industry Insights
In the last couple of years, the need for better & efficient security measures for commercial spaces has risen dramatically. Owing to this demand the global surveillance & security industry has seen development. As the leading market observes progression, the smaller businesses too start evolving and establishing themselves. Wireless monitoring & surveillance market is one of the best examples of this fact. Recently, the demand for this product has gone up substantially which is why Market Research Future decided to issue a study report which was titled ‘Wireless Monitoring & Surveillance Market.’ This report mentions that this market will grow exponentially throughout the projection period of 2017-2027.
Wireless monitoring & surveillance tools can efficiently help in enhancing the security measures of any given professional space. One of the most beneficial features it offers is that it can reach places where it is difficult to use cables. Some of the significant advantages of using these systems are better quality, comprehensive coverage range, and better security.
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At present, most of the enterprise owners in the commercial sector are looking to upgrade their security to optimal levels. Observing this fact, the experts of MRFR have predicted that this market will expand enormously during the forecast period. It is anticipated to grow at a higher CAGR, and furthermore, the estimated revenue return figures also look quite promising.
The increased need for efficient and feasible security management in the commercial sector happens to be the chief growth driver for this market. The rapid advancement of the network video market and innovative government initiatives in favor of this technology further positively influence the market’s progress.
However, the market may come across certain minor hurdles like limited central monitoring station and expensive territory that could act as hindrances. The stakeholders are working towards rectifying this issue and very soon a plausible solution will be found.
Some of the major players in Global Wireless Monitoring and Surveillance Market include Honeywell (U.S.), Axis communications (Sweden), Bosch security systems (Germany), Cisco systems (U.S.), Micropower technologies (U.S.), Pelco (U.S.), Aruba networks (U.S.), Panasonic Corporation (Japan), and D-link (U.S.) Corporation among others.
The research report titled ‘Wireless Monitoring & Surveillance Market’ issue by Market Research Future provides profound insights into various sections of the market. One of the most imperative amongst them is the segmental analysis.
- By component – Network nodes, servers, monitoring stations and digital cameras.
- By end users – Banks & financial institutions, transportation, government bodies (municipalities, law enforcement, and military), shopping malls & complexes and educational institutes.
- By technology – IP technologies and video.
Comprehensive Regional Analysis
Some of the central regions that observe its presence are North America, Europe, Asia Pacific and Rest of the World.
After an extensive analysis of the regional trends of all the regions above, the research analysts of MRFR concluded that North America governed the market from a geographical point of view. High adoption rate coupled with the rapid advancement of the security industry in this area drive the growth of this market.
Europe comes second in line and holds the second most significant market share. It is expected to be the fastest growing region and will move ahead at an impressive CAGR throughout the forecast period.
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April 26, 2018 – McQ Inc., a leading firm that offers sensor technology & remote monitoring & surveillance services recently joined hands with FreeWave Technologies, an organization that specializes in networking solutions. Together they plan on providing their customers with robust low power video streaming services that will be highly helpful for various verticals of the industrial sector.
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