Wireless Monitoring and Surveillance Market Report


The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Wireless Monitoring and Surveillance Market Report. The growth sectors of the Wireless Monitoring and Surveillance Market Report are identified with precision for a better growth perspective.

Market Research Future (MRFR) asserts that the global wireless monitoring and surveillance market is predicted to garner USD 111.10 billion, grabbing a CAGR of 16.85% during the forecast period (2018-2023). The surging demand for cost-effective and better security management is estimated to favor the market growth. Wireless monitoring & surveillance is referred to as an advanced monitoring and surveillance measure which uses monitoring systems, cameras, and wireless connectivity. It is the Wi-Fi technology which is used in corporate as well as residential complexes. Wireless monitoring is considered faster than any other traditional methods as the Wi-Fi which is being used as a wide area coverage.

Market Potential and Pitfalls

The market’s course is chiefly directed by the surging demand for cost-effective and better security management. With strict initiatives from the government on technology compliance and fast-moving growth of the network video market, the global wireless monitoring and surveillance market is considered to flourish. It has been noticed by the end-users that wireless monitoring is cheaper than any other traditional wired monitoring & surveillance. This is considered to propel the market growth throughout the appraisal period. Wireless monitoring offers several benefits which include cheaper installation, faster transmission speed, accurate transmission of data, flexible connections, and is an ideal solution for remote monitoring locations. Such benefits are estimated to propel the market growth throughout the appraisal period.

The demand for improved and security monitoring solutions has augmented the need for monitoring and surveillance devices. These devices play a crucial role in the development of improved security systems and also help to monitor in places where it is not feasible to include cables. Wireless cameras which act as a security system are becoming prominent due to their low connection prices. They possess elastic installation options and can be mounted in places where it is unreachable for the standard wired cameras. Moreover, the suitability of access, ease of use, wireless safety camera allows the operators to control broadband wireless internet in order to provide seamless streaming of video over the internet. Such factors have intensified the demand for wireless monitoring and surveillance market across the globe.

On the contrary, several disadvantages of wireless transmission are estimated to deter its market growth. As the signals of Wi-Fi can be easily intercepted, it becomes crucial for the system integrators to provide precautionary measures like firewalls. Moreover, surging demand for high-resolution images, the growing need for storage capacity, and issues related to privacy are likely to vitiate the market growth during the assessment period.

Industry Updates

March 05, 2019: The maker of ViSi Mobile Surveillance Monitoring System, Sotera Wireless has recently announced the availability of its FDA-cleared Life-Threatening Arrhythmia & Atrial-Fibrillation and Fall Detection capabilities along with the official launch of ViSi Mobile 1.5G.

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Wireless Monitoring and Surveillance Market Research Report- Global Forecast to 2027 | MRFR
Wireless Monitoring and Surveillance Market To Hit USD 111.10 Billion In 2023 At a CAGR of 16.85%,…

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