Press Release

TIP

Video Surveillance Market to 2025 – Global Analysis and Forecasts by Platform, Industries, Service

May 23rd, 2022 8:53 AM

The video surveillance market is estimated to account for US$ 43.8 Bn by the end of 2025, escalating at a CAGR of 11.8% during the forecast period from 2018 to 2025, from US$ 18.3 Bn in 2017.

In our study, we have segmented the video surveillance market by platform, industries and services. The platform segment includes hardware and software. The various industries considered in the research study includes commercial, industrial, infrastructure, residential and institutional sectors. There are various types of services offered to the end users by the manufacturers as well as outsourced companies such as hosted video surveillance services, managed video surveillance services and hybrid video surveillance services.

The growth of video surveillance market is attributed to the rising adoption of internet protocol (IP) cameras among the end users in the developed countries as well as developing nations. The major advantage of IP cameras over conventional cameras is the benefit of transferring captured data or imageries directly over internet, within a fraction of second. The TCP/IP cameras are either centralized, which requires Network Video Recorder (NVR) to monitor recordings, or decentralized in which the camera recording can be stored in any local or remote storing devices. The usage of Wi-Fi is also available with the IP cameras for transferring data instantly. In addition, the option for installing various video analytics software in the IP cameras for automatic analysis of the imageries by the cameras are also increasing the interest among the end users. The other advantages of IP camera over traditional analog cameras are the high resolution picture quality, facilitating in understanding and analyzing the situations in a better way, and larger region can be monitored using a single camera.
Key Players Influencing the Market

  • Honeywell International Inc.
  • Panasonic Corporation
  • Sony Corporation
  • Robert Bosch GmbH
  • Axis Communications
  • Samsung Electronics Co., Ltd.
  • FLIR System Inc.
  • Pelco (Schneider Electric)
  • IndigoVision Group Plc
  • Dahua Technology Co., Ltd.

In 2017, North America led the market for video surveillance, capturing almost 35.9% of the entire video surveillance market. The major factor boosting the market for video surveillance in North America is the significant investments from the Governments, defense authorities and private organizations from the United States, Canada and Mexico. Majorly, the investments form US is fueling the market for video surveillance in North America. Moreover, the stringent rules and regulations set by the Governments of the US, Canada and Mexico in installation of advanced technology video security cameras is helping the North America region to dominate over the period from 2018 to 2025. The presence of huge numbers of well-established companies and tier 2 companies in the field of video surveillance systems is increasing the adoption rate of video surveillance cameras. In addition, the software companies are also developing robust software for enhancement of surveillance cameras capabilities. The fastest growing region in global video surveillance market is anticipated to be Asia Pacific, owing to rising security concerns due to increase in crime rates, civil unrest activities and terrorist misconducts. These factors have urged the Governments and private organizations in Asia Pacific region to procure large numbers of video surveillance cameras and solutions to enhance security issues in the region.

Get Sample Copy of this Report @ https://www.theinsightpartners.com/sample/TIPTE100000143/

Answers that the report acknowledges:

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:

533, 5th Floor, Amanora Chambers,

Amanora Township, East Block,

Kharadi Road, Hadapsar, Pune-411028

Call: +1-646-491-9876

Press Release

  • Recent
  • Popular
  • Comments
  • Peer to Peer Lending Market Size , Growth, Demand, Trends, Forecast Period 2022-2028

    Learn More
  • Revenue Cycle Management (RCM) Market Size, Growth, Demand, Trends, Forecast Period 2022-2028

    Learn More
  • Paints and Coatings Market Trends and Forecast Report 2022 | By Players, Types, Applications and Regions | Vantage Market Research

    Learn More
  • Medical Image Analysis Software Market Trends and Forecast Report 2022 | By Players, Types, Applications and Regions | Vantage Market Research

    Learn More
  • Global Automotive Active Engine Covers Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2028

    Learn More
  • On-board Computers (OBC) Market 2022-Industry Size, Share, Dynamics, Status, Outlook and Opportunities 2028

    Learn More
  • Band-Aids Market Outlook to 2028- Industry Analysis by Geography, Components, Competitive Landscape, Key Company Information-Growth Trends and Forecasts

    Learn More
  • Automotive IoT Market 2022 revenue estimates, innovation, demand, dynamic, countries, forecast till 2028

    Learn More