IP camera market size

IP Camera Market Worth Over $20 Billion By 2024

Posted by Jay Bartlett March 22, 2018 3:08 am Categories: Market Research. Tags: IP camera market size, ip cameras.

IP Camera Market size is set to exceed USD 20 billion by 2024; according to a new research report by Global Market Insights, Inc. The shipments are poised to grow at over 25% CAGR from 2017 to 2024. Technological proliferation, ubiquity of internet connectivity and the demand for remote monitoring are expected to drive IP camera market growth over the forecast period. Advancement in technology such as 4K resolution, edge-based video analytics and penetration of H.265 high-efficiency video encoding is also poised to stimulate demand.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.