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Internet Protocol (IP) Camera Market size is set to grow by USD 24.61 billion from 2024-2028, Increasing demand for video surveillance systems to boost the market growth, Technavio

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 NEW YORK, July 3, 2024 /PRNewswire/ — The global internet protocol (IP) camera market size is estimated to grow by USD 24.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 26.14% during the forecast period. Increasing demand for video surveillance systems is driving market growth, with a trend towards rise of 5g technology. However, security concerns poses a challenge. Key market players include 360 Vision Technology Ltd., Anviz Global Inc., CAMSTAR USA, Canon Inc., Cisco Systems Inc., Costar Technologies Inc., CP PLUS International, DDC Group, Delta Electronics Inc., D Link Corp., Guangzhou Juan Intelligent Joint Stock Co. Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., i PRO Co. Ltd., Motorola Solutions Inc., Moxa Inc., Robert Bosch GmbH, Shenzhen Apexis Electronic Co. Ltd., Sony Group Corp., Dahua Technology Co. Ltd., and Zhejiang Uniview Technologies Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Connectivity (Centralized IP camera arrangement and Decentralized IP camera arrangement), Type (Commercial, Residential, and Government), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

360 Vision Technology Ltd., Anviz Global Inc., CAMSTAR USA, Canon Inc., Cisco Systems Inc., Costar Technologies Inc., CP PLUS International, DDC Group, Delta Electronics Inc., D Link Corp., Guangzhou Juan Intelligent Joint Stock Co. Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., i PRO Co. Ltd., Motorola Solutions Inc., Moxa Inc., Robert Bosch GmbH, Shenzhen Apexis Electronic Co. Ltd., Sony Group Corp., Dahua Technology Co. Ltd., and Zhejiang Uniview Technologies Co. Ltd.

Key Market Trends Fueling Growth

The 5G-enabled IP camera market is experiencing significant growth due to the introduction of next-generation wireless networks. These cameras transmit audio and video signals over 5G networks, offering faster and higher quality video. A limited number of these cameras are currently available, but their popularity is expected to increase. Integrations and applications will become wider, making mobile applications more effective and user-friendly. These technological advancements will drive the expansion of the global IP camera market. 

The IP camera market is experiencing significant growth with technologies such as motion detection, Surveillance, and high-definition (HD) video becoming standard features. Commerical and industrial sectors are major buyers, utilizing IP cameras for security purposes. The use of analytics and artificial intelligence (AI) is also increasing, enabling cameras to identify specific objects or activities. Urban areas and smart cities are adopting IP cameras for public safety and traffic management. The video analytics market is expected to grow, providing opportunities for camera manufacturers to offer value-added services. The market is competitive with players focusing on innovation and cost-effectiveness. The use of cloud storage and remote access is also driving demand for IP cameras. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The IP camera market faces significant challenges related to privacy and data protection concerns. With the increasing use of IP cameras in public places, there are growing concerns over potential breaches of privacy and security. Manufacturers must prioritize robust security features to mitigate cyber threats. Extensive video surveillance raises questions about the balance between legitimate monitoring and intrusion, challenging constitutional rights such as anonymity and freedom of expression. These concerns may hinder market growth during the forecast period.The Internet Protocol (IP) camera market faces several challenges. Technology advances such as Segment, Hardware, and Application drive innovation. However, security concerns, including password protection and encryption, remain a significant challenge. Additionally, the need for high-definition video and real-time transmission adds complexity. Compatibility issues with various operating systems and networks also pose challenges. Furthermore, cost-effective solutions are required to cater to the growing demand for affordable IP cameras. The market requires continuous improvement in image quality, connectivity, and ease of use to meet customer expectations.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This internet protocol (ip) camera market report extensively covers market segmentation by

Connectivity 1.1 Centralized IP camera arrangement1.2 Decentralized IP camera arrangementType 2.1 Commercial2.2 Residential2.3 GovernmentGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Centralized IP camera arrangement- The IP camera market is experiencing significant growth due to the increasing demand for remote surveillance and security solutions. Businesses are investing in these technologies to enhance security and improve operational efficiency. IP cameras offer advantages such as high-definition video, remote access, and easy integration with other systems. As a result, the market is expected to continue expanding, providing opportunities for businesses to upgrade their security infrastructure.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Internet Protocol (IP) Camera Market encompasses the latest trends and advancements in video surveillance technology. IP cameras, a crucial component of modern security systems, connect to the Internet and transmit data using Internet Protocol. These smart devices are increasingly popular in both residential and commercial structures, providing real-time video analytics for security purposes. In metropolitan cities, IP cameras are employed for video surveillance in various applications, including home burglaries and squatting prevention. IoT technologies, such as infrared cameras and HDBaseT, enhance the functionality and energy efficiency of IP cameras, making them suitable for outdoor conditions. Wired Ethernet and IEEE 802 standards ensure seamless connectivity and reliable data transmission. IP surveillance cameras offer significant benefits, including improved security, remote access, and cost savings, making them an essential tool for healthcare professionals and businesses alike.

Market Research Overview

The Internet Protocol (Ip) Camera Market refers to the global industry that produces and distributes IP cameras for surveillance and security purposes. These cameras digitally transmit data over a network, enabling remote monitoring and real-time access. The market is driven by the increasing demand for advanced security systems, the proliferation of the Internet of Things (IoT), and the growing adoption of cloud-based services. Key features of IP cameras include high-definition video, night vision, motion detection, and two-way audio. The market is segmented by type, application, and region. The types of IP cameras include bullet, dome, and PTZ cameras. The applications include residential, commercial, and industrial sectors. The market is expected to grow significantly in the coming years due to the increasing need for security and the ongoing digital transformation.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ConnectivityCentralized IP Camera ArrangementDecentralized IP Camera ArrangementTypeCommercialResidentialGovernmentGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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TELUS announces election of directors

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VANCOUVER, BC, May 9, 2025 /CNW/ – TELUS Corporation (TELUS) (TSX: T) (NYSE: TU) announced today that the nominees listed in TELUS’ 2025 information circular were elected as directors of TELUS. The detailed results of the vote for the election of directors held at TELUS’ annual meeting on May 9, 2025 (the Meeting) are set out below.

Each of the following 14 nominees proposed by management was elected as a director of TELUS:

Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Raymond T. Chan

685,826,716

98.37

11,371,525

1.63

Hazel Claxton

688,785,155

98.79

8,416,534

1.21

Lisa De Wilde

684,043,093

98.11

13,158,596

1.89

Victor Dodig

691,498,695

99.18

5,700,271

0.82

Darren Entwistle

682,366,011

97.87

14,838,755

2.13

Thomas Flynn

693,297,141

99.44

3,901,641

0.56

Mary Jo Haddad

629,411,988

90.28

67,795,553

9.72

Martha Hall Findlay

693,905,510

99.53

3,293,499

0.47

Christine Magee

688,777,242

98.79

8,421,767

1.21

John Manley

684,643,528

98.20

12,557,151

1.80

David Mowat

687,569,365

98.62

9,629,644

1.38

Marc Parent

660,847,804

94.79

36,350,978

5.21

Denise Pickett

689,927,911

98.96

7,270,661

1.04

W. Sean Willy

691,051,394

99.12

6,147,405

0.88

Final voting results on all matters voted on at the Meeting will be published shortly on telus.com/agm, and filed with the Canadian and U.S. securities regulators.

About TELUS

TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company, generating over $20 billion in annual revenue with more than 20 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. Our TELUS Health business is enhancing more than 76 million lives worldwide through innovative preventive medicine and well-being technologies. Our TELUS Agriculture & Consumer Goods business utilizes digital technologies and data insights to optimize the connection between producers and consumers. Guided by our enduring ‘give where we live’ philosophy, TELUS, our team members and retirees have contributed $1.8 billion in cash, in-kind contributions, time and programs including 2.4 million days of service since 2000, earning us the distinction of the world’s most giving company.

For more information about TELUS, please visit telus.com, follow us at @TELUSNews on X and @Darren_Entwistle on Instagram.

For more information, please contact:
Jacinthe Beaulieu
TELUS Media Relations
Jacinthe.Beaulieu@telus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/telus-announces-election-of-directors-302451544.html

SOURCE TELUS Communications Inc.

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VertexOne Celebrates Client Recognized for Digital Engagement Innovation at IUCX Amid Broader CX Transformation Push

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PHOENIX, May 9, 2025 /PRNewswire/ — VertexOne, a leading provider of cloud software designed to revolutionize the customer experience within the energy and utility industry, is pleased to be wrapping up this year’s 49th annual IUCX (formally CS Week) Conference on a celebratory note after its client, the City of Round Rock, Texas, took home top honors in two categories at this year’s IUCX’s Expanding Excellence Awards.

 

“These awards spotlight what’s possible when utilities have both a strong vision and the right tools to bring it to life” – VertexOne COO Tina Santizo

The city was honored for its leadership in digital engagement and project innovation, including a multi-phase customer portal initiative that helps residents gain greater control over their water usage and avoid high-bill surprises. The recognition capped off a high-visibility week for VertexOne, which launched its new customer engagement engine, VXconnect, on the first day of the conference.

Built on the foundation of proven value and functionality, VXconnect, was reimagined from the ground up as a single, unified SaaS system designed to help energy and utility providers evolve engagement, drive efficiency, and scale for what’s next.

A panel of IUCX judges selected winners in six categories – including four company, and two individual awards – with two of the four company categories featuring two winners based on company size: Level I for utilities grossing more than $1 billion in revenue, and Level II for those with an annual gross below $1 billion.

Innovation in Digital Engagement – Winner, City of Round Rock, Texas

The City of Round Rock, Texas taking home IUCX’s Innovation in Digital Engagement award, which salutes utilities that showcase technologically complex projects that improved services in the meter-to-cash CX lifecycle through digital engagement.

Round Rock awarded for their two-phased customer payment portal project which they undertook to empower customers with real-time usage information and customizable alerts for leaks and consumption thresholds to make informed decisions and avoid high bills.

IUCX Rising Star Award – Winner, Debbie Seman, City of Round Rock, Texas

Additionally, the City of Round Rock’s Utility Billing & Revenue Supervisor, Debbie Seman, was individually bestowed one of two distinguished 2025 Rising Star Awards for spearheading the utility’s consumption portal project, where she collaborated with IT, various departments and vendors as its project manager.

Seman, heralded specifically for her, “remarkable talent for implementing creative problem-solving techniques, approaching challenges collaboratively and refining processes with an unwavering can-do attitude,” according to her nominator. Adding that her excellence in “streamlining processes, introducing innovations, and fostering a positive work environment” as other accolades typical of Seman’s work ethic.

“Watching Round Rock succeed on this stage is incredibly meaningful,” said Keith Ahonen, SVP of Partners and Channels at VertexOne and former COO of Accelerated Innovations, acquired by VertexOne in December 2024.

“It’s gratifying to see the evolution – not just of the technology, but of the outcomes,” Ahonen added. “This kind of recognition shows how collaboration and innovation can come together to create real results.”

“These awards spotlight what’s possible when utilities have both a strong vision and the right tools to bring it to life,” said VertexOne Chief Operating Officer Tina Santizo. “Round Rock’s success reflects exactly why we built VXconnect; to empower forward-thinking teams with a unified, modern solution that moves beyond engagement into impact.”

Earlier in the week VertexOne leaders contributed to three high-impact IUCX sessions addressing key customer experience challenges and future-facing strategies: 

Reaching vulnerable customers through proactive, personalized engagementAdvancing water conservation with data-driven personalizationTransforming passive customers into active participants through behavior-based incentives.

IUCX is the premier educational and networking conference serving electric, gas and water/wastewater utility professionals across North America and around the world. It provides learning and connection opportunities in support of the utility CX lifecycle: Billing & Payments, Contact Center, Credit & Collections, Digital Engagement, Disruptors, Field Services, and Strategies & Analytics.

Click here for more information and a full list of this year’s slate of IUCX’s 2025 Expanding Excellence Award (EEA) winners and finalists.

About VertexOne
VertexOne is the leading provider of cloud-based SaaS solutions, powering the next generation of customer experience for utilities, energy retailers and energy transition providers. With more than 30 years of experience and 400 customers in the cloud, we capitalize on our deep expertise to provide a wide range of innovative solutions for digital transformation, revenue optimization and data-driven efficiency operations surrounding the customer. We empower our clients to deliver a compelling customer experience, reduce costs to serve, increase operational efficiency and improve customer satisfaction. For more information on how VertexOne allows you to enhance the digital customer experience, improve revenue management and leverage data analytics, visit vertexone.ai

MEDIA
Lynn Steinberg
VertexOne
lynn.steinberg@vertexone.net

View original content to download multimedia:https://www.prnewswire.com/news-releases/vertexone-celebrates-client-recognized-for-digital-engagement-innovation-at-iucx-amid-broader-cx-transformation-push-302451495.html

SOURCE VertexOne

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Progressive Planet Announces Stock Options

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Disclaimer:
This news release, required by Canadian laws, does not constitute an offer of securities and is not for distribution or dissemination outside Canada.

KAMLOOPS, BC, May 9, 2025 /CNW/ – Progressive Planet (TSXV: PLAN) (OTCQB: ASHXF) (“Progressive Planet”, “PLAN”, or the “Company”) announces that it has granted a total of up to 2,860,000 stock options to directors, officers, consultants and employees of the company, exercisable at a price of $0.18 per share for a period of five years from the date of grant. Of this amount, 2,110,000 of the options were issued to directors, officers, or insiders of the Company.

The options have been granted in accordance with the Company’s stock option plan and are subject to the applicable policies of the TSX Venture Exchange.

About Progressive Planet:

Progressive Planet, based in Kamloops, British Columbia, is redefining sustainability with our Products for a Healthy Planet™. By leveraging owned mineral assets and recycled materials, we develop patented and patent-pending innovations that promote a healthier planet.

Our C-Quester™ Centre of Sustainable Solutions leads advancements in low-carbon cement technologies, while our second on-site lab focuses on sustainable solutions for agriculture and animal care. Progressive Planet’s products are proudly available in over 10,000 retail locations across North America. For more information, visit progressiveplanet.com.

Progressive Planet provides regular information for investors on its website: progressiveplanet.com/investors/. This includes press releases and other information about financial performance, patents filed, and information on corporate governance.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company’s control. These forward-looking statements are made as of the date of this news release.

SOURCE Progressive Planet Solutions Inc.

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