Market Share of Asia Pacific IP Camera Industry
The Asia-Pacific IP camera market is very competitive. The Asia-Pacific IP camera market is fragmented due to the presence of various large and small players. All the major players are focused on expanding the global consumer base. Some significant players in the market are Johnson Controls, Hangzhou Hikvision Digital Technology Co. Ltd, Honeywell HBT, D-Link, Bosch Security and Systems, Sony Corporation, and many more. Several companies are increasing their market share by forming collaborations, partnerships, and acquisitions and introducing new and innovative products to earn a competitive edge during the forecast period.
• March 2024: Hikvision partnered with Can'nX to improve KNX-based building automation. This partnership resulted in Hikvision's advanced AI IP cameras becoming a crucial element in the Can'nX KNX ecosystem. This development allows system integrators to fully utilize machine perception and multi-device coordination to enhance security and building automation. The company is improving security and flexibility in building automation by combining Can'nX's KNX ecosystem with Hikvision's reliable IP cameras for AI analytics.
• January 2024: Sony Electronics collaborated with Nureva Inc., a provider of audio-conferencing solutions, to develop a comprehensive audio and video package for large rooms. This package includes a variety of Sony SRG series pan-tilt-zoom (PTZ) cameras, such as the AI-powered SRG-A40, SRG-A12, SRG-X40UH, and SRG-XP1, along with the Nureva HDL410 audio-conferencing system. Together, these components offer seamless audio-based camera switching for collaboration in both corporate and educational settings.
Asia Pacific IP Camera Market Leaders
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Johnson Controls
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Hangzhou Hikvision Digital Technology Co., Ltd
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Honeywell HBT
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D-Link
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Bosch Security and Systems
*Disclaimer: Major Players sorted in no particular order
