How big is the Latin America IP Camera Market?

The Latin America IP Camera Market size is expected to reach USD 0.62 billion in 2024 and grow at a CAGR of 13.5% to reach USD 1.17 billion by 2029. Read More

What is the current Latin America IP Camera Market size?

In 2024, the Latin America IP Camera Market size is expected to reach USD 0.62 billion. Read More

Who are the key players in Latin America IP Camera Market?

Samsung Electronics Co., Ltd., Sony Corporation, Hanwha Vision America, Johnson Controls and Hangzhou Hikvision Digital Technology Co., Ltd are the major companies operating in the Latin America IP Camera Market. Read More

What years does this Latin America IP Camera Market cover, and what was the market size in 2023?

In 2023, the Latin America IP Camera Market size was estimated at USD 0.54 billion. The report covers the Latin America IP Camera Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Latin America IP Camera Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Latin America IP Camera Market Size & Share Analysis - Industry Research Report

Latin America IP Camera Market Size and Share Analysis - Growth Trends and Forecasts (2024 - 2029)

The Latin American IP Camera Market Report is Segmented by Type (Fixed, Pan-Tilt-Zoom (PTZ), and Varifocal), End-User Industry (Residential, Commercial, Industrial, and Government and Law Enforcement), and Country (Brazil, Mexico, Argentina, and Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Latin America IP Camera Industry Overview

The Latin American IP Camera market is fragmented because of the presence of several prominent players. Major players in the market are focusing on expanding their customer base across foreign countries by leveraging strategic collaborative initiatives to increase their market share and profitability. Key players are Hanwha Vision America, Hangzhou Hikvision Digital Technology Co. Ltd, Samsung Electronics Co. Ltd, Johnson Controls, and Sony Corporation.

In April 2024, Hanwha Vision announced the unveiling of two AI PTZ Plus cameras, namely the XNP-C9310R and XNP-C7310R. These cameras utilize artificial intelligence to swiftly zoom and focus, enhancing situational awareness and reducing response times. Moreover, they excel in adverse weather conditions, such as storms and snow, due to their remarkable Spin dry and heater functions. These functions effectively remove water and melt ice, ensuring optimal visual clarity at all times.
In April 2024, LenelS2 and Hanwha Vision announced a new strategic partnership that established LenelS2 as a reseller of Hanwha Vision cameras in the Americas. This partnership will enable customers to utilize Hanwha Vision's full range of IP cameras through LenelS2's authorized value-added resellers (VARs), in addition to the brand's array of products and services.