IP Video Surveillance Market 2018 Global Leaders Analysis: GeoVision, Avigilon, Genetec, The Infinova Group, Bosch Security Systems, Panasonic, Axis Communications, D-Link

Market Research Future published a research report on “Global IP Video Surveillance Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

IP Video Surveillance Market – Overview

The srastic growth in the surveillance sector has prompted growth across all sections of the market. IP surveillance cameras are touted as the next major step in themarket of video surveilance. Market concentrated reports associated with the semiconductors and electronics industry amid others recently have been made available by Market Research Future which issues reports on this industry. The market is forecasted to demonstrate a CAGR of approximately 12 percent in the duration of the forecast period.

Analog surveillance cameras that previously had a major chunk of the market are gradually being phased out in favor of the rising popularity of IP surveillance cameras. The ease of integration of these surveillance devices with the existing IP infrastructure has improved the scope of development of the market. The strong growth observed in the market can be attributed to factors such as, use of HD cameras, growing demand for installation of video surveillance and mounting need for security in urban and residential spaces.

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Industry Updates:

May 2018 Dahua Technology a well known Video surveillance provider has appointed Hills Limited as its new distributor through Australia and New Zealand. As a part of the agreement, Hills expects to reinforce its stand as a "complete solution provider" in the security sector.

Key Players:

The key players in the global IP Video Surveillance Market include- Avigilon (Canada), Axis Communications. (Sweden), D-Link (Taiwan), Genetec Inc. TM. (Canada), The Infinova Group (U.S.), Bosch Security Systems Inc. (U.S.), Hangzhou Hikvision Digital Technology Co., Ltd. (China), Panasonic Corporation (Japan), GeoVision Inc (Taiwan) among others.

IP Video Surveillance Global Market - Competitive Analysis

The market of IP Video Surveillance market appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

IP Video Surveillance Global Market - Segmentation

The IP Video Surveillance Market can be classified into 3 key segments for the convenience of the report and enhanced understanding;

• Segmentation by Component: Comprises hardware and software.
• Segmentation by Application: Comprises BFSI, government, manufacturing, healthcare, retail and others.
• Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

IP Video Surveillance Global Market - Regional Analysis

North America region accounts for highest market share in IP Video Surveillance market owing to presence of major players in the region and adoption of IP Video Surveillance solution by small and large enterprises. The increasing competition among IP camera vendors, rising security concerns and growing disposable income of people is further boosting the market growth. Asia Pacific region is expected to be growing at the highest CAGR. Owing to factors such as increasing population, establishment of major IT companies, and increasing threat issues are some of the major aspects driving growth in the market.

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Intended Audience

• Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software Developers
• Vendors
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors

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