Market Dynamics
The Global Video Surveillance Market is driven due to the growing usage of Artificial Intelligence (AI) and Software Analytics in video surveillance. Increased hardware capabilities of video cameras are driving the growth of the market. Also, increasing Concerns related to public safety and security are fuelling the market growth. On the other hand, privacy and security associated with video data restrict the market's growth.Furthermore, the growing adoption of thermal cameras, rising use of various evolving technologies such as big data, Internet of Things (IoT), and smart cities, and increasing usage of smart devices for video monitoring will create opportunities for the market. Moreover, a requirement of higher bandwidth and high-capacity storage systems and different interoperability standards among other manufacturers are the challenges that may negatively affect the market.
Market Segmentation
- The Global Video Surveillance Market is segmented further based on Offering Type, System Type, Vertical Type, and Geography.
- By Offering Type, the market is classified into Hardware, Software, and Service.
- By System Type, the Video Surveillance market is classified into Analog Video Surveillance Systems and IP Video Surveillance Systems.
- By Vertical Type, the Video Surveillance market is classified into Commercial, Infrastructure, Military & Defense, Public Facility, Residential, and Industrial.
- By Geography, America is projected to lead the market
Recent Developments
1. Axis Communication AB launched ARTPEC-8 SoC powering deep-learning analytics, designed to create new opportunities for impressive analytics applications- September 27, 20212. Hanwha Techwin Co., Ltd launched Wisenet AI, its most advanced line-up of security cameras featured with detection false alarm reduction analytics, AI-enhanced image quality, and edge-based business intelligence- September 27, 2021
3. Bosch Sicherheitssysteme GmbH announced a partnership with Idemia to add a reliable biometric layer to access control- 2021
Company Profiles
Some of the companies covered in this report are Avigilon Corporation, Axis Communications AB, Bosch Sicherheitssysteme GmbH, Dahua Technology Co., Ltd, Hangzhou Hikvision Digital Technology Co., Ltd, Hanwha Techwin Co., Ltd, Honeywell International, Inc, Panasonic Corporation, Pelco Corporations, Teledyne Technologies Incorporated, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Why buy this report?
- The report offers a comprehensive evaluation of the Global Video Surveillance Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
Companies Mentioned
- Agent Video Intelligence Ltd
- Avigilon Corporation
- Axis Communications AB
- Bosch Sicherheitssysteme GmbH
- Camcloud
- COMMAX
- CP PLUS
- Dahua Technology C., Ltd
- Genetec, Inc
- Hangzhou Hikvision Digital Technology Co., Ltd
- Hanwha Techwin Co., Ltd
- Honeywell International, Inc
- Huawei Technologies Co., Ltd
- Ivideon
- MOBOTIX AG
- Morphean SA
- NEC Corporation
- NICE Ltd
- Panasonic Corporation
- Pelco Corporation
- Qognify
- Samsung
- Schneider Electric SE
- Sony Corporation
- Teledyne Technologies Incorporated
- The Infinova Group
- Tiandy Technologies Co., Ltd
- Verkada Inc
- VIVOTEK Inc
- Zhejiang Uniview Technologies Co., Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 51.86 Billion |
Forecasted Market Value ( USD | $ 84.35 Billion |
Compound Annual Growth Rate | 10.2% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |