Surveillance Camera Market to 2027 - Global Analysis and Forecasts by Canon, Dahua Technology, FLIR Systems, Hangzhou Hikvision Digital Technology

Integration of artificial intelligence in surveillance cameras to provide growth opportunities for surveillance camera market players

According to the latest market study on "Surveillance Camera Market to 2027 - Global Analysis and Forecast by Type (Analog Cameras and IP Cameras); Product Type (Dome Cameras, Bullet Cameras, Box Style Cameras, PTZ Cameras, Thermal Cameras, and Others); End User (BFSI, Government & Defense, Commercial, Manufacturing & Construction, Healthcare, Logistics & Transportation, Residential, and Others); and Geography", the surveillance camera market is estimated to reach US$ 45.93 Bn by 2027 from US$ 21.82 Bn in 2018.

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The List of Companies - Surveillance Camera Market
1. Canon Inc.
2. Dahua Technology Co., Ltd
3. FLIR Systems, Inc.
4. Hangzhou Hikvision Digital Technology Co., Ltd.
5. Hanwha Techwin Co., Ltd.
6. Honeywell International Inc.
7. Panasonic Corporation
8. Pelco Corporate
9. Robert Bosch GmbH
10. The Infinova Group

In the global video surveillance industry, there are various future trends which are projected to boost the adoption of surveillance cameras across diverse industry verticals. Some of the prominent trends include artificial intelligence based end-to-end security solutions, cybersecurity features, cloud based solutions, privacy management, and vertical specialized solutions. The integration of technologies such as artificial intelligence, cloud, and internet of things into existing and upcoming surveillance equipment and solutions to meet the challenging demands customers is fuelling the future growth of global surveillance camera market. Artificial intelligence (AI) and deep learning (DL) are playing increasingly more important roles in the surveillance camera market and offer significant benefits over conventional video analytics. Advancements in AI is expected to boost surveillance cameras by enabling footage to be constantly monitored and instantly analyzed. The artificial intelligence facilitates in monitoring, feeding the captured imageries and alerting the guards in case of suspicious activities in and around the workstations. Also, AI is used in video surveillance cameras for wide range of applications such as facial recognition, motion detection, license plate reading, and counting people in retail stores or shopping malls among others. With the usage of artificial intelligence, the end users are capable of leveraging specific analytics data that helps in actionable intelligence for various functions. The automated surveillance is booming through the new machine learning techniques offering CCTV cameras the capability to spot troubling behavior without human supervision. The IT companies and the surveillance systems manufacturers are working together to develop advanced AI-based security cameras for wide range of video surveillance applications.

Geographically, APAC region holds the largest share followed by the North America and Europe region in the surveillance camera market for the current year. The countries in the Asia Pacific, such as China, India, South Korea, Vietnam, and Singapore, are prone to terrorist activities and civil unrest misconduct, which is leading the regions to develop, manufacture, procure and implement technologically enriched video surveillance systems. Among the countries in Asia Pacific, China dominated the market due to increased research and development of video surveillance systems, and the presence of established companies and tier 2 and tier 3 companies in the region. The adoption rate of video surveillance cameras among countries in the Asia Pacific led the region to grow at a prime rate during the forecast period.

The market for surveillance camera has been segmented on the basis of type, product type, end user, and geography. Based on type, the market is segmented into analog and IP cameras. Based on product type, the surveillance camera market is segmented into dome cameras, bullet cameras, box style cameras, PTZ cameras, thermal cameras, and others. The market is further segmented on the basis of end users into BFSI, government & defense, commercial, manufacturing & construction, healthcare, logistics & transportation, residential, and others.

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Table of Content:

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Surveillance Camera Market - By Type
1.3.2 Global Surveillance Camera Market - By Product Type
1.3.3 Global Surveillance Camera Market - By End User
1.3.4 Global Surveillance Camera Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Surveillance Camera Market Landscape
4.1 Market Overview
4.2 Pest Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Surveillance Camera Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Increase in security concerns and rising infrastructural developments
5.1.2 Significant rise in adoption of IP cameras
5.2 Restraints
5.2.1 Concerns related to data security
5.3 Opportunities
5.3.1 Integration of artificial intelligence in surveillance cameras
5.4 Future Trends
5.4.1 Incorporation of advanced capabilities in surveillance cameras
5.5 Impact Analysis of Drivers and Restraints

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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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.