Video Surveillance Market 2018 Competitive Landscape by Honeywell International Inc., Panasonic Corporation, Robert Bosch LLC

The “Global Video Surveillance Market Analysis to 2025” is a specialized and in-depth study of the Video Surveillance industry with a focus on the global market trend. The global Video Surveillance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Video surveillance is monitoring of activities through video cameras, helping in capturing video images. Increasing demand and concern for security has resulted in the increase in the use of video surveillance. It is mostly used by the organizations for prevention and investigation on crime. Surveillance may not only be performed indirectly but may be stored, evaluated and repeated as often as necessary.

Video surveillance is often opposed by few as it hampers the privacy and sometimes can put public safety at risk. The rising adoption of surveillance systems by the public and private sectors coupled with the growing need for security are the key factors driving the global video surveillance market. The increased maintenance cost of existing surveillance system and the change in technology is leading to video imaging of everything. Also, decrease in the prices of cameras and other video surveillance equipment is creating a demand for the system.

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The video surveillance market is expecting growth in the coming years; especially due to rising instances of crimes .Previously, global video surveillance was only used by government and law enforcement entities but now it is used widely by businesses and everyday consumers including retail, banking, education and transportation. It can also be used for control and regulation purposes. The change in the quality, price, maintenance and installation of the devices increased the market and consumer demands.

The integration of cloud services i.e. video surveillance as a service (VSaaS) plays an integral role in the video surveillance system. Video analytics and video management software form the software components for the video surveillance system. In addition, the use of algorithms and neural networks in the biometric surveillance system further add to the software components for video surveillance systems. It is expected that the advancement in networking services and software technologies will increase the use of video surveillance in the near future.

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The global video surveillance market is segmented on the basis of components into hardware, software and services. The global video surveillance market is further segmented into end-user industries that include infrastructure, commercial, institutional, defense, industrial and residential among others. The global video surveillance market is bifurcated on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa.

The video surveillance market is expected to be dominated by the APAC region owing to a rapid adoption of new technologies. The primary reason attributable to this growth is the rapid adoption of technologies such as cloud services, analytics and security systems to protect infrastructure and economy from terror attacks and criminal activities. Furthermore, reduction in IP cameras prices and the overall hardware associated with video surveillance systems is expected to bolster the video surveillance market in this region.

The market for the commercial sector is expected to grow at the highest CAGR during the forecast period 2016 to 2025. The high demand for security systems in large and small retail businesses, financial institutions and banks to provide security to the buildings, maintain cash management, and monitor customers and staff activities. This enhances security parameters and drives the surveillance system market for the commercial sector.

Video Surveillance Market Key Players

1. Honeywell International Inc.

2. Panasonic Corporation

3. FLIR Systems Inc.

4. Robert Bosch LLC

5. Sony Corporation

6. Pelco (Schneider Electric)

7. Axis Communication Systems

8. Samsung

9. IndigoVision

10. Dahua Technology Co. Ltd.

The report segments the global video surveillance market as follows:
Global Video Surveillance Market – By Platform
Hardware
Camera
Monitor
Storage Device
Others
Software

Global Video Surveillance Market – By Industries
Commercial
Residential
Industrial
Infrastructural
Institutional

Global Video Surveillance Market – By Service
Hosted Service
Managed Service
Hybrid Service

Global Video Surveillance Market – By Geography
North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Spain
U.K

Asia Pacific (APAC)
Australia
China
India
Japan

Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE

South America (SAM)
Brazil 

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This release was published on openPR.