Video Surveillance Market growing at a CAGR of 14.0% during the forecast period 2026
The global video surveillance market was valued at USD XX million in 2018 and is expected to reach USD XX million by 2026, growing at a CAGR of 14.0% during the forecast period.
Video surveillance, also known as closed-circuit television (CCTV), is a system that uses a camera to transfer signals to a specific place, over a monitor. This system monitors and records the activities of people. It offers several benefits to users such as time and cost efficiency, increased safety, and remote monitoring. It also helps in gathering evidence in legal cases. The growing adoption of centralized security, as well as the rapidly growing commercial sector, is one of the major factors to drive the growth of the video surveillance market.
Some of the key players covered in the Video Surveillance Market report include
• Axis Communications
• Bosch Security Systems Incorporation
• Dahua Technology
• Hangzhou Hikvision Digital Technology Limited
• Panasonic
• PELCO
• Infinova
As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application, and geography.
The Global Video Surveillance Industry Segmentation:
By Product Type
• Commercial
• Residential
• Military &Defense
• Industrial
• Public Facility
• Others
By Region
• North America [United States, Canada, Mexico] • South America [Brazil, Argentina, Columbia, Chile, Peru] • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] • Middle East & Africa [GCC, North Africa, South Africa] • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Key Findings:
• Based on offerings, the hardware segment is expected to have the highest market share during the forecast period.
• Based on technology, IP video surveillance systems are expected to hold the largest share in the market during the forecast period.
• Based on the Installation type, the Indoor segment is expected to hold the highest market share during the forecast period.
• Based on applications, the commercial segment is anticipated to have the highest share in the market during the forecast period.
• Based on regions, the Asia-Pacific video surveillance market is anticipated to capture a significant portion of the global market during the forecast period.
Recent News in Video Surveillance Industry:
• In September 2019, FLIR Systems has announced a maritime thermal camera named “FLIR M300 Series”. This new generation camera delivers safer navigation and continuous integration with onboard boat system for professional mariners and first responders who work in the toughest marine environments.
• In September 2019, Axis communication has announced a new generation PTZ camera named “AXIS Q60 PTZ Network Camera Series”. These high-performance cameras offer improved imaging, extended capabilities for analytics, enhanced security features, and significantly more well-organized video compression.
Key Highlights of the Table of Contents:
• Video Surveillance Market Study Coverage: It includes key market segments, key manufacturers covered, the scope of products offered in the years considered, global Video Surveillance Market, and study objectives. Additionally, it touches on the segmentation study provided in the report based on the type of product and applications.
• Video Surveillance Market Executive summary: This section emphasizes the key studies, market growth rate, competitive landscape, market drivers, trends, and issues in addition to the macroscopic indicators.
• Video Surveillance Market Production by Region: The report delivers data related to import and export, revenue, production, and key players of all regional markets studied are covered in this section.
• Video Surveillance Market Profile of Manufacturers: Analysis of each market player profiled is detailed in this section. This segment also provides SWOT analysis, products, production, value, capacity, and other vital factors of the individual player.
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