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Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Surveillance is one of the rapidly emerging industries and advanced and portable camera products have entered into the leading technology market. This enhanced the traditional camera by integrating advanced and innovative features such as intelligent integration, higher resolution, video analytics, live video streaming, motion stabilization, and others. One of the advanced potable cameras include mini Wi-Fi wireless camera, which has huge demand for car security, indoor security, and sports activities. This mini Wi-Fi wireless camera are small portable camera that comes with Wi-Fi module and are connected with smartphone or tablet that are used for application in car and home security. Mini Wi-Fi Wireless Camera are available in different types such as body worn camera, car dash camera, doorbell camera, action and sports camera, and others. Body worn camera are mainly used as a security tool and worn by security personnel in law enforcement. This body worn camera are adopted by various security groups and police forces, in order to capture incidence and protect public against unjustified charges of excessive force. This body worn camera acts as a perfect tool in recording the wearers' actions and assists in raising the standards and transparency of all security services. Moreover, car dash camera are gaining momentum due to the rising demand for security and safety. Therefore, car dash camera is used as a video recorder and improves the driving experience and record the accident evidence. Moreover, with the help of computer vision technology, the car dash camera collects detailed information from video and enable control systems to improve safety and driving experience of users.

In addition, the action and sports camera industry witnessed significant growth in the recent years.  The market penetration rate of sports and action camera is increasing due to rising demand for sports and action camera from sports enthusiast. For instance, PAPAGO Inc., a Taiwan-based leading car dashcam provider, offers a wide range of car dash cameras that are manufactured using advanced technology that connects dashcam with smartphone using Wi-Fi and offers high-end technology such as image detection, in order to warn driver before an accident.

Rising need for security and adoption of computer vision technology has driven demand for mini Wi-Fi wireless camera globally.

The rising need for security and increasing awareness about advanced security solutions among end users around the globe are some of the major factors that are expected to boost demand of mini Wi-Fi wireless camera. Moreover, increasing number of sports enthusiasts and their growing inclination towards portable wireless camera, in order to record multiple scenes during sports activities are some of the factors that are expected to create growth opportunities for action and sports camera manufacturers over the forecast period. Furthermore, integration of advanced features in mini Wi-Fi wireless camera such as high performance image processing, high resolution video, good image and motion stabilization, intuitive user interface, and others are expected to drive growth of the global mini Wi-Fi wireless camera market.

However, low quality and counterfeited products offered by local players leads to customer dissatisfaction and harms brand reputation. These factors are expected to hamper growth of the global mini Wi-Fi wireless camera market over the forecast period.

Global Mini Wi-Fi Wireless Camera Market Taxonomy:

On the basis of camera type, the global mini Wi-Fi wireless camera market is segmented into:

  • Body Worn Camera
  • Doorbell Camera
  • Sports & Action Camera
  • Car Dash Camera
  • Others

On the basis of application, the global mini Wi-Fi wireless camera market is segmented into:

  • Home Security
  • Law Enforcement
  • Car Security
  • Consumer Electronics
  • Sports Activities
  • Others

On the basis of sales channel, the global mini Wi-Fi wireless camera market is segmented into:

  • Online
  • Offline

On the basis of region, the global mini Wi-Fi wireless camera market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global Mini Wi-Fi Wireless Camera Market Regional Insights:

Among regions, North America is expected to hold dominant position in the global mini Wi-Fi wireless camera market over the forecast period, owing to the presence of huge number of market players in the U.S. such as GoPro, Contour, Digital Ally, Taser International, SkyBell, Ion, Vievu, and others. Moreover, rise in technological advancements in security solutions and increasing adoption of car dash camera are the some of the major factors that are expected to boost growth of mini Wi-Fi wireless camera market in the North America region. Moreover, Asia Pacific is expected to witness significant growth over the forecast period, which can be attributed to low-cost electronics manufacturing in China and increasing adoption of indoor security camera for residential purpose. Furthermore, the mini Wi-Fi wireless camera market in Latin America and Middle East &Africa region are expected to grow significantly during the forecast period.

Global Mini Wi-Fi Wireless Camera Market Competitive Background:

Key players operating in the global mini Wi-Fi wireless camera market include GoPro, Inc., Drift, Contour, LLC, Sony Corporation, Digital Ally, Taser International, Polaroid Corporation, SkyBell Technologies, Inc., Zmodo, iON, Vievu LLC, HiSilicon (Shanghai) Technologies Co., Limited, Koninklijke Philips N.V., Garmin Ltd, Papago Inc., and others.

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Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users