A security camera is designed to videotape and track people’s activities to detect and alert on any potential crimes or inappropriate actions. Based on the technology used , security cameras are classified as analog, wireless, IP-based, and hybrid security cameras. According to the experts, the rapid adoption of IP-based security cameras across the end-user sectors will propel the category spend momentum to a significant extent. The ability of the IP-based cameras to generate videotapes in 4k resolution and provide edge-based video analytics and H.265 high-efficiency video encoding is favoring their adoption across the BFSI, hotels, and retail sectors.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Security Cameras Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Security Cameras Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Security Cameras Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Security Cameras Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Stringent surveillance regulations for airports and hotels
Category management strategy
- Engagement with suppliers that provide cloud storage services can help reduce buyers' procurement costs
Procurement best practices
- Benchmark suppliers' quotes with industry prices
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report.
Table of Contents
PART 01: Executive Summary
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
PART 11: US Market Insights
PART 12: Category Definition
PART 13: Appendix
List of Exhibits:
Executive Summary
The following companies are recognised as the key suppliers in the Global Security Cameras Category - Procurement Market Intelligence Report: Motorola, Canon, Bosch, Hikvision, Cisco, HoneywellCommenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to partner with suppliers that can innovate low-cost intelligent products that can aid buyers minimizing their OPEX.”
According to the report, one of the key growth contributors for the global security cameras market is the is the regulatory bodies mandating the use of surveillance systems at end-user sectors such as the hotel industry and airports.
Further, the report states that one of the key category management strategies for the buyers in the global security cameras market is to partner with suppliers that provide cloud storage services for security cameras to aid buyers to reduce their overhead spend.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Motorola
- Canon
- Bosch
- Hikvision
- Cisco
- Honeywell
Methodology
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