Market Share of Europe IP Camera Industry
The European IP camera market is very competitive and fragmented due to the presence of various large and small players. All the major players focus on expanding the global consumer base. Some significant players in the market are Johnson Controls, Honeywell HBT, Hangzhou Hikvision Digital Technology Co. Ltd, Sony Corporation, Samsung, Panasonic Holdings 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.
• 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.
• January 2024: AVer Information Inc., a company specializing in education technology and Pro AV solutions, collaborated with Bosch, a supplier of conference technology and services, to create a seamless audiovisual solution for streaming conferences and training sessions. AVer's PTZ300(N) and PTZ300U(N)V2 Series Professional PTZ cameras offer top-notch imaging quality with minimal delay and smooth PTZ movement. The live video feed displays the speaker speaking on screens, with the PTZ camera's position controlled by the conference system through the IP-based ONVIF Profile S protocol.
Europe IP Camera Market Leaders
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Johnson Controls
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Hangzhou Hikvision Digital Technology Co., Ltd
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Sony Corporation
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Honeywell HBT
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Bosch Security and Systems
*Disclaimer: Major Players sorted in no particular order