Wednesday 29 July 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Wireless Video Surveillance Market: Axis Communications AB, Bosch Security Systems, Cisco Systems Inc., and Hikvision Digital Technology Co. Ltd.
Other Prominent Vendors in the market are: Frontpoint Security, MicroPower Technologies, Motorola Solutions, NICE Systems, Pelco, Proxim Wireless, Seon, and Tyco.
Commenting on the report, an analyst said: “The emergence of wireless IP surveillance is a critical trend observed in this market. Wireless IP surveillance is a highly affordable and easily deployable technology that combines wireless data transmission and IP video surveillance technologies to overcome various challenges such as lack of network infrastructure and lack of connectivity in remote locations.”
According to the report, the rising need for security is a major driver that boosts the market. Governments worldwide have initiated several measures to counter the growing threat of violence. Violent activities have a direct impact on the economy of a country because they have the potential to damage critical infrastructures, residences, utilities, and commercial buildings.
Further, the report states that the lack of professional expertise is a challenge faced by the market. Wireless video surveillance ensures the physical security of an organization, which is critical as the loss of confidential data can be catastrophic. There are chances that organizations might not have planned and implemented a data recovery model.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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