Wireless Monitoring and Surveillance Market Market Size, Trends, Share and Growth Forecast till 2027
                     Overview  
Wireless Monitoring and Surveillance Market is the latest security feature being implemented 
in various areas using Wi-Fi technology. Its ability in capturing images and video feeds at a rapid 
velocity and covering a large area can lead to its implementation. The global wireless 
monitoring and surveillance market report by Market Research Future (MRFR) covers drivers, 
challenges, opportunities, and trends for the period of 2018 to 2023 (forecast period). 
Implications of the COVID-19 pandemic on the industry have been taken into account in the 
latest iteration of the report. 
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Segmentation 
By component, the market is segmented into hardware, software, and services. Hardware is 
further segmented into network equipment/nodes, monitoring stations, cameras, servers, and 
others. Services are segmented into monitoring, designing & implementation, and control 
services. 
By type, the market is segmented into wireless personal monitoring system, wireless video 
monitoring system, wireless security monitoring system, and wireless network monitoring 
system. 
By connectivity, the market is segmented into cellular/LTE, Wi-Fi, Bluetooth/BLE, Zigbee, 
6LoWPAN, Z-Wave, NB-IoT, and others. 
By end-user, the market is segmented into healthcare, BFSI, security, infrastructure, 
government, entertainment & media, and others. 
Regional Analysis 
The regional analysis of Wireless Monitoring and Surveillance Market share is studied for 
North America, Europe, Asia-Pacific, and the rest of the world. Among the regions mentioned 
above, the wireless monitoring system and surveillance have spread its roots in North America 
and most of Europe. Wireless monitoring systems are rapidly replacing the traditional 
monitoring and surveillance system. There is a rising need for efficient video surveillance in 
public as well as private sector across the US, Canada, UK, France, and Germany. There is a 
close competition between North America and Europe for the dominating region. However, 
Europe is expected to lead the market by the end of the forecast period due to emerging 
startups and already established vendors in this region catering to the growing need for 
effective security measures across the globe. On the other hand, Asia-Pacific is expected to be 
the fastest growing region. One of the major factors for this fast growth is urbanization and 
fastest growing emerging economies. 
Market Scope 
The global wireless monitoring and surveillance market is expected to reach USD 111.10 billion 
in 2023 at a CAGR of 16.85% during the forecast period. It was valued at USD 44.55 billion in 
2017.  
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monitoring-surveillance-market-975  
The market is driven by benefits of Wi-Fi such as flexible connectivity, accurate data 
transmission, cheap installation, and fast transfer of data. Implementation of remote 
surveillance networks for enhancing the security in commercial and industrial premises can 
drive the market demand over the forecast period. Wireless sensor networks are put in place 
for video monitoring of specific places and archived for later viewing. Establishment of 
consortiums for defining certain standards and rules for protecting data gained by surveillance 
and monitoring can bolster the market demand. In addition, development of mobile apps for 
monitoring and availability of customized kits for easy installation of systems will benefit the 
market in the long run. 
Alternative to Wi-Fi such as Bluetooth Low Energy, NB-IoT, and Zigbee and the low security 
features of wireless technology are major challenges faced by the market.  
Competitive Landscape 
National Instruments Corporation, Axis Communications AB, Cisco Systems Inc., Uniden 
Corporation, Panasonic Corporation, The ADT Corporation, Robert Bosch GmbH, Honeywell 
International Inc., D-Link Corporation, and Texas Instruments Inc. are key players of the global 
wireless monitoring and surveillance market.  
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