Global Video Surveillance Market: image encryption, wireless networks, analog to IP cameras
Beyond saturation clues observed in North America, overall, it is clear that, the increasing demand for wireless network infrastructure is one of the key growth drivers for this market.
The shift from analog to IP
cameras is boosting the market growth as the total cost of operation of IP
cameras is much lower than analog cameras. IP cameras are more flexible,
scalable, and can be easily installed when compared to analog cameras.
Connectikpeople.co can also
indicate that, IP cameras have built-in servers or encoders that can help in
image encryption and provide multi-level user access control, which prevents
third-party manipulation.
According to Research and
Markets, the intense competition and the declining profit margins constitute
significant risk factors for the vendors in this market. In fact, the market
consolidation is growing: small entities are acquired by or merged with major
players.
The rapidly changing
technological environment is billed as a major challenge for the global vendors
along with the increase in the influx of private labels in the market.
Therefore, at
Connectikpeople.co, we also believe that, to survive and succeed in the
intensely competitive environment, it is increasingly imperative for vendors to
differentiate their product and service offerings through streamlined and
unique selling propositions.