Market Share of IP Camera Industry
The IP camera market is fragmented, with several prominent market players like Johnson Controls International PLC, Honeywell International Inc., 3dEYE Inc., Sony Corporation, Panasonic Corporation, Matrix Comsec Pvt. Ltd, etc. The market players are striving to innovate new products by way of extensive investments in R&D, collaborations, and mergers to cater to the evolving demands of consumers.
• January 2024 - Milesight, a prominent provider of innovative IP-based video surveillance solutions, and 3dEYE, a player in cloud-based video management, AI analytics, and automation, announced their strategic collaboration to deliver improved cloud video solutions to their security and monitoring industry customers. The partnership between 3dEYE and Milesightbrings together Milesight's advanced IP camera technology with 3dEYE's advanced pure cloud video AI platform, providing their customers with key advantages like scalable centralized monitoring, enhanced AI analytics to reduce false alarms, ease of deployment, and low total cost of ownership (TCO), etc.
• November 2023 - Matrix, a prominent player in security and telecommunications solutions, announced the launch of its Matrix Ruggedized Series IP Cameras, which are catered towards transportation surveillance. The cameras boast a back-illuminated CMOS sensor from the STARVIS Series, ensuring robust video quality even in extremely low-light conditions. Their rugged design is made to withstand shocks, vibrations, dust, impacts, and moisture, making them suitable for the challenging transportation environment.
IP Camera Market Leaders
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Johnson Controls International plc.
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Honeywell International Inc.
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3dEYE Inc.
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Sony Corporation
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
