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Revenues from global Video Surveillance Market to top 100 Billion USD in 2025 | Insights by Technologies, security products, market Leaders, Types, Safety & Security Solutions & Forecast

Revenues from global Video Surveillance Market to top 100 Billion USD in 2025 | Insights by Technologies, security products, market Leaders, Types, Safety & Security Solutions & Forecast

October 08
21:35 2018

The study “Global Video Surveillance Market” by Adroit market Research
As per report published by Adroit Market Research, the Global Video Surveillance Market is growing with tremendous speed and strong CAGR of 15.4 %. Browse 85 pages report and get well organized statistical overview of video surveillance system industry. The IP-based video surveillance is projected to grow ~3x times in terms of revenues over the forecast period 2018-2025

The global Video Surveillance Market to grow  from exceeding USD 32 billion in 2017 and is expected to increase with a double-digit growth rate from 2018 to 2025. The Video Surveillance Market size is anticipated to cross the USD 100 billion mark by the end of 2025. Increasing demand for security observation products on account of rising criminal and threat activities is the key factor to propel the video surveillance systems market by 2025.

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Global Video Surveillance Market is heavily hold by following market leaders;

  • Bosch Security Systems Incorporation,
  • Axis Communications AB
  • Avigilon Corporation
  • Hangzhou Hikvision Digital Technology Company Limited
  • Honeywell Security Group
  • Flir Systems Incorporation

 

Due to the increasing demand for public safety and security, growing demand for DIY, spy cameras and growing adoptions of IP cameras, video surveillance is believed to be a key factor in this market. The major advantages of IP systems include easy installation, enhanced image quality, high scalability and remote accessibility with network-based models. The rise of the IP video surveillance system market is primarily due to the shifting preference from analog to IP systems. These systems are supremely integrated with the existing IP network and they also provide a basic platform for software such as cloud storage, video analytics, and VMS. Owing to advanced technologies for easy-operation and in the storage device industry, the market for video surveillance systems is expected to grow at a fast pace in the near future.

As the crime rate and terror attacks are major factors driving the growth of the video surveillance market, safety and security is the key factor to promote use of cameras to observe and keep an eye on every action in detail. In today’s time, the prices of cameras are consequently increasing and creating a significant demand for monitors and storage solutions.

The count of robberies, terror attacks, thefts, crimes and murders have been increasing and the rising demand for video surveillance is rapidly growing in the market for better safety and security in public places. The commercial vertical is estimated to dominate the video surveillance market. Commercial areas such as hospitality centers, data centers, retail stores and malls, banking and warehouses come in a key category and major preference for video surveillance need. The increasing demand for video surveillance in areas such as enterprise and data centers, retail stores and banking sectors is supremely driving the market growth.

Make an Enquiry about video surveillance industry report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/4

Key segments of the global video surveillance market:

1] Component Overview:

  • Hardware
    • Camera (Thousand Units) (USD Million)
  • By type
    • Analog
    • IP
  • By resolution
    • SD
    • HD
    • 4K
  • By type
    • DVR
    • NVR
  • Software
  • Services

 

2] Regional Overview:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • South America
    • Brazil
  • Middle East & Africa

 

Changing lifestyle and increasing awareness for home security has propelled the demand for video surveillance systems market especially in the residential sector. However, exorbitant initial installation costs and further maintenance is expected to inhibit the market growth over the forecast period.

The IP based video surveillance systems are rapidly replacing analog based, owing to their superior features such as advanced processing capability, technologically advanced product components, and ease of installation. Furthermore, the evolution of high-definition (HD) cameras and software has drastically changed the landscape of the security industry, which has opened vast business opportunities for the IP based video surveillance systems market. In addition to this, rising adoption of cloud-based services, better video compression capabilities, and integration with data analytics are some of the continually developing trends that are expected to boost the future growth of the IP based segment.

The hardware segment is anticipated to maintain its dominance among the next major component segments such as software and services. However, the software and services segments are anticipated to gain a noteworthy market share by 2025, due to an increase in demand for advanced security systems, especially in North America and Europe. Incorporation of small-sized cameras with unaltered performance is the latest trend witnessed in the video surveillance hardware sector. Additionally, integration with other interfaces and capability of providing surveillance even at remote locations are some of the add-on features in camera components.

Asia Pacific is projected to be the largest market for video surveillance systems by 2025, owing to growth in industrial activities and high demand for surveillance systems in the residential sector. China alone is estimated to have a lion’s share in Asia Pacific as well as the global market, owing to high market penetration across most of the verticals and large presence of local players.

Browse Full Report @ https://www.adroitmarketresearch.com/industry-reports/video-surveillance-market

Major Points from TOC:

Chapter 1 Executive Summary

Chapter 2 Research Methodology

  • Research approach
  • Scope, definition, and assumptions
  • Data sources

Chapter 3 video surveillance industry Outlook

  • Introduction
  • Key trends
  • Market drivers
  • Market restraints
  • Market opportunities
  • PEST analysis
  • Value chain analysis

 

Chapter 4 Video Surveillance Market Overview, By System Type

  • Analog
  • IP Based

 

Chapter 5 Video Surveillance Market Overview, By Component

Chapter 6 Video Surveillance Market Overview, By Vertical

  • Law enforcement
  • Military & defense
  • Commercial & industrial
  • Educational institutes
  • Transportation & logistics
  • Residential
  • BFSI

 

Chapter 7 Video Surveillance system Market Overview, By Region

8. Industry Structure

9. Company Profiles

…COntinued

 

List of Tables present in the report:

TABLE 1 Effect of crime and security threats to firms explained through indicators

TABLE 2 Global video surveillance hardware market, by camera type, 2017-2025 (Thousand Units)

TABLE 3 Global video surveillance hardware market, by camera type, 2017-2025 (USD Million)

TABLE 4 Global video surveillance hardware market, by camera resolution, 2017-2025 (Thousand Units)

TABLE 5 Global video surveillance hardware market, by camera resolution, 2017-2025 (USD Million)

TABLE 6 Global video surveillance hardware market, by storage type, 2017-2025 (Thousand Units)

TABLE 7 Global video surveillance hardware market, by storage type, 2017-2025 (USD Million)

…Continued

 

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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