Video Surveillance report gives distinctive methodologies of showcasing pursue by merchants and key players. The goal of worldwide Video Surveillance industry report is to describe the data to the peruses identified with Video Surveillance market estimate and elements for the anticipated years.
Dallas, United States – May 21, 2021 /MarketersMedia/ —
Video surveillance systems consist of one or more video cameras connected to a network that transmits the recorded video or audio data to a specific location. The videos are either streamed live or sent to a central location for recording and preservation. Any company in the world requires security and surveillance. Governments, businesses, financial companies, and healthcare organizations are all supposed to have surveillance and compliance systems in place. As a result, demand for security applications like video surveillance to track and trace ports, borders, transit networks, educational institutes, corporate houses, buildings, public places, and other locations has increased dramatically.
As the government industry has increased the employment of advanced video surveillance, service providers have recognized the requirement for optimal IP surveillance devices. In comparison to an analog system, an IP camera CCTV system has a range of advantages. IP cameras send their signal over the network that enables more data transfer as compared to analog signals. Network cameras can be wireless and also run across a network, are used to monitor operations in large department stores, food chains, supermarkets, factories, workshops, and many other public locations. This factor is predicted to have a substantial impact on the video surveillance market size across the globe.
Previously in 2018, the global video surveillance market size was valued at USD 38.9 billion and expected to grow significantly over the forecast period.
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An increase in the transition from analogue to IP cameras, a rise in demand for monitoring in high-risk regions, and the deployment of IoT are all driving growth in the global video surveillance industry. High construction costs and a lack of technological expertise in handling IP cameras, on the other hand, are stifling business growth. Furthermore, rising developments against the construction of smart cities are projected to create lucrative growth opportunities in the video surveillance industry. The global push to improve safety and protection across various sectors is substantially contributing to business development.
The global video surveillance market is segregated into system type, component, vertical, and geographical regions. On considering the system type, the market is split into IP-based as well as analog-based. By component, the market is split into resolution, type, hardware, software, and services. In terms of vertical, the market is fragmented into law enforcement, military & defense, residential, commercial & industrial, BFSI, educational institutes, transportation, and others.
Government programs in numerous countries to mount video surveillance cameras in public places such as towns, schools, universities, religious institutions, airports, and train stations are fueling business expansion. The video surveillance market is also growing due to increased government spending in smart cities and public security programs in the Asia Pacific region. The industry is also benefiting from the increasing adoption of emerging technology such as automated number plate recognition, facial recognition, people counting, retail management, and remote asset management.
Key players operating in the video surveillance market are FLIR Systems Incorporation, Avigilon Corporation, Bosch Security Systems Incorporation, Hangzhou Hikvision Digital Technology Company Limited, Axis Communications AB, and others.
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Key segments of the global video surveillance market
System type overview, 2015-2025 (USD Million)
Analog Based
IP Based
Component Overview, 2015-2025 (USD Million)
Hardware
Camera (Thousand Units) (USD Million)
By type
Analog
IP
By resolution
SD
HD
4K
Monitor
Storage media (Thousand Units) (USD Million)
By type
DVR
NVR
Software
Services
Vertical Overview, 2015-2025 (USD Million)
Law Enforcement
Military & Defense
Commercial & industrial
Educational Institutes
Transportation & logistics
Residential
BFSI
Others
Regional Overview, 2015-2025 (USD Million)
North America
US
Canada
Mexico
Europe
Germany
UK
France
Asia Pacific
China
Japan
India
South Korea
South America
Brazil
Middle East & Africa
Some Major Points from Table of Contents:
Chapter 8. Industry Structure
8.1. Company market share, 2017
8.2. Strategic framework
Chapter 9. Company Profiles
9.1. Avigilon Corporation
9.1.1. Company overview
9.1.2. Product portfolio
9.1.3. Key developments
9.1.4. Financial performance
9.2. Axis Communications AB
9.2.1. Company overview
9.2.2. Product portfolio
9.2.3. Key developments
9.2.4. Financial performance
9.3. Bosch Security Systems Incorporation
9.3.1. Company overview
9.3.2. Product portfolio
9.3.3. Key developments
9.3.4. Financial performance
9.4. Flir Systems Incorporation
9.4.1. Company overview
9.4.2. Product portfolio
9.4.3. Key developments
9.4.4. Financial performance
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About Us :
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a Market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable Market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Release ID: 89017660