Press release
Video Surveillance Market Key Findings, Regional Study, Size, Growth and Global Trends by Forecast to 2027
Video Surveillance Market by System Type (Analog Surveillance, IP Surveillance, and Hybrid Surveillance), Component (Hardware, Software, and Services), Application (Commercial, Military & Defense, Infrastructure, Residential, and Others), Enterprise Size (Small Enterprise, Medium Enterprise, and Large Enterprise) and Customer Type (B2B and B2C): Global Opportunity Analysis and Industry Forecast, 2020–2027The global video surveillance market was valued at $42.94 billion in 2019, and is projected to reach $144.85 billion by 2027, registering a CAGR of 14.6% from 2020 to 2027.
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Allied Market Research recently published a report titled, “Video Surveillance Market: Global Opportunity Analysis and Industry Forecast 2020-2027’’.The market report presents the top factors and market trends that are real behind the growth of the market. It also offers an extensive study of evolving market dynamics, top investment pockets, key sections, competitive scenarios, value chain, and major investment prospects. These figures and data are helpful for startups, stakeholders, investors, and the key market players to obtain useful understandings and visions on the market and implement necessary strategies based on the same.
Covid-19 scenario-
The outbreak of the pandemic gave way to economic instability and dwindled business confidence. Apart from that, dearth of skilled workforce and distorted manufacturing activities impacted the market negatively, especially during the first phase of the lockdown.
Several provinces across the world have again entered the lockdown phase, owing to the thrust by the second wave of the pandemic. This has affected the market growth yet again.
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Key market players in the Video Surveillance Market:
The market report doles out the reference of the major player in the market including HKVISION, Ltd., Bosch Security System, Honeywell Security Group, Dahua Technology, FLIR, Panasonic, Avigilon, Axis Communication, Infinova, and Pelco. These players have taken recourse to essential strategies including alliance, collaboration, development, joint ventures, and others to heighten their stance in the industry.
The study on the global Video Surveillance Market incorporates 200+ pages report that offers noteworthy information along with underscoring the drivers, restraints, and opportunities of the market. The study also aims to proffer a comprehensive information on the recent market leanings, movements, approaches, and stratagems espoused by the market players in the global Video Surveillance Market. The report encompasses both the projected as well as historical data throughout the forecast period along with other facets including product outline and growth opportunities.
The global video surveillance market size is segmented into system type, component, application, enterprise type, customer type, and region. By system type, the market is analyzed across analog surveillance, IP surveillance, and hybrid surveillance. By component, it is divided into hardware, software, and services. The hardware segment is further sub-segmented into camera, monitor, storage, and accessories. In addition, the software segment is bifurcated into video analytics and video management software. On the basis of application, the market is divided into commercial, military & defense, infrastructure, residential, and others. On the basis of enterprise type, the market is analyzed across small scale enterprise, medium scale enterprise, and large scale enterprise. By customer type, the market is bifurcated B2B and B2C. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.
Video Surveillance Market Geographical Analysis:
The report also provides a regional analysis of the market along with the competitive setting in each region. The research report encompasses regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These segmentations aid the market players in framing respective tactics, thus leading way to lucrative opportunities to attain their objectives.
Get more info @ https://www.globenewswire.com/news-release/2020/07/15/2062722/0/en/Future-of-Video-Surveillance-Market-Sales-to-Grow-144-85-Bn-Globally-by-2027-at-14-6-CAGR.html
Our Report provides:
Thorough inquiry of market assessments for all the segments
Detailed market examination from the viewpoint of the frontrunners in the industry
Tactical slants and approaches incorporated by new entrants
Market forecasts on regional base for the next few years
Competitive exploration of the present market trends
Profiling of companies along with their exclusive strategies
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AMR (Allied Market Research) is an end-to-end market research and business-consulting annex of Allied Analytics LLP based in Portland, Oregon. AMR takes pride in offering global enterprises as well as SMEs with market research reports and business intelligence solutions that are nonpareil in nature. AMR comes up with a well-targeted view to deliver rich business insights help its clientele make tactical business choices and accomplish viable growth in their respective market sphere.
We share professional corporate affairs with a number of renowned organizations that helps us in digging out proper market data which, in turn, gives way to utmost accuracy in our market forecasting. Each and every data presented in our reports is exclusively hauled out through primary discussions with top representatives from the leading organizations of the respective domains.
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