Video Surveillance Systems Market Research Report
The GMI Research expects the video surveillance systems
market to expand at a significant rate. From a regional perspective,
Asia-pacific is expected to lead the market due to the increasing investment in
smart city projects. The growing number of security and safety threats,
particularly in South Korea, India, and China, have fuelled the demand for the
market.
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Video Surveillance Systems Market Dynamics (including
market size, share, trends, forecast, growth, forecast, and industry analysis)
Key
Drivers
The increasing application of video surveillance systems in
various industries like retail, banking & financial services, and the
transportation sector, is the major factor driving the growth of the
video surveillance systems market size. The leading
countries, including the United States of America, China, the United States of
America, and Brazil, are the largest adopter of these systems. Consumer video
surveillance cameras are widely utilized in mobile cameras and home security
systems. The rising adoption of smart camera systems and rising video analytics
application is further propelling the growth of the video surveillance
system market share in terms of revenue during the forecast period.
The high adoption of this kind of system, especially in the
government sector, is projected to create lucrative opportunities for the
market. There has been an upsurge in the number of frauds, terrorism, physical
violence, and theft. Transportation, colleges, retail stores, schools, and
hospitals, are the major deployment place for video surveillance systems.
Additionally, the major organizations are focusing on introducing this system
in their offices globally. In 2018, Europe-based InfiNet Wireless introduced
video surveillance systems in Mexico. The project focuses on installing
high-capacity base station sectors to feed data and video to a central control
room. According to the video surveillance system industry report, the
increasing requirement of new IP-based digital technologies that are able to
detect and prevent undesirable behaviors, including terror attacks, theft,
shoplifting, and others, is one of the emerging video surveillance market
trends will have a positive influence on the growth of the market.
Video
Surveillance Systems Market’s leading Manufacturers:
·
Axis Communications
·
Bosch Security Systems, LLC
·
Honeywell International Inc.
·
SAMSUNG
·
Panasonic Corporation
·
FLIR Systems, Inc.
·
The Infinova Group
·
Schneider Electric SE
·
Dahua Technology Co., Ltd.
Video
Surveillance Systems Market Segmentation:
Segmentation
by Type:
·
Hardware
o
Camera
§
Analog
§
IP Cameras
§
Hybrid
o
Storage
·
Software
o
Video Analytics
o
Video Management Software
·
Services (VSaaS)
Segmentation
by Vertical:
·
Commercial
·
Infrastructure
·
Institutional
·
Industrial
·
Defense
·
Residential
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI Research
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