Press release
Video Surveillance Market 2020 Size, Trends, Investments, Share Key Players, Demand and Fast Forward Research 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, 2020–2027.” According to the report, the global video surveillance industry garnered $42.94 billion in 2019, and is estimated to reach $144.85 billion by 2027, growing at a CAGR of 14.6% from 2020 to 2027.Download Research Sample with Industry Insights (200+ Pages PDF Report) @ https://www.alliedmarketresearch.com/request-sample/1090
Prime determinants of growth
Increase in need for safety in risk-prone areas, transition from analog surveillance to IP cameras, and integration of IoT in surveillance cameras drive the global video surveillance market. However, high investments, scarcity of skilled professional in handling IP cameras, and surge in privacy concerns hinder the market growth. On the other hand, trend of smart cities development and rise in adoption toward spy and hidden cameras create new opportunities in the coming years.
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.
Video Surveillance Market Competitive Analysis:
The key players profiled in the video surveillance industry include HKVISION, Ltd., Bosch Security System, Honeywell Security Group, Dahua Technology, FLIR, Panasonic, Avigilon, Axis Communication, Infinova, and Pelco. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their video surveillance market share.
Covid-19 Impact on the Global Video Surveillance Market:
Video Surveillance Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.
Covid-19 scenario
Countries such as China, India, Israel, Singapore, and others have been utilizing mass surveillance tools to track spread COVID-19 and quarantined patients.
Strict video surveillance at hotspots and containment zones with the help of drones and CCTV cameras will play an important role in maintaining law and order during lockdown.
Many experts have questioned the privacy and security of data collected from various video surveillance tools.
Get detailed COVID-19 impact analysis on the Video Surveillance Market @ https://www.alliedmarketresearch.com/request-for-customization/1090?reqfor=covid
Video Surveillance Market Segmentation:
The report provides segmentation of the global Video Surveillance Market. The major segments in the report are studied on the basis of system type, component, application, enterprise type, customer type, and regions. Along with this, it also involves the tables based on extensive analysis of sales, revenue, growth rate, and revenue share of each for the historic as well as forecast period.
The IP surveillance segment to maintain its lead position by 2027
Based on system type, the IP surveillance segment accounted for the largest market share in 2019, holding more than half of the global video surveillance market, and is estimated to maintain its lead position during the forecast period. This is attributed to surge in adoption of network cameras. However, the hybrid surveillance segment is estimated to maintain the highest CAGR of 17.5% from 2020 to 2027, owing to increase in hybrid recorder demand.
Based on application, the commercial segment accounted for nearly one-fourth of the global video surveillance market in 2019, and is projected to maintain its dominant share during the forecast period. This is due to increase in demand for safety in commercial spaces. However, the infrastructure segment would grow at the fastest CAGR of 18.7% from 2020 to 2027, owing to emergence of remote monitoring.
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.
Based on region, Asia-Pacific accounted for nearly half of the global video surveillance market in 2019, and is estimated to maintain its dominant position by 2027. Moreover, this region is estimated to maintain the highest CAGR of 16.7% from 2020 to 2027. This is attributed to increase in security concerns, trend of smart city development, and urbanization in the countries such as India. However, North America contributed the second-highest market share in 2019, and will maintain its position by 2027.
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Global Video Surveillance Market Segmentation
By System Type:
Analog Surveillance
IP Surveillance
Hybrid Surveillance
By Component
Hardware
Camera
Monitor
Storage
Accessories
Software
Video Analytics
Video Management Software
Services
By Application
Commercial
Military & Defense
Infrastructure
Residential
Others
By Enterprise Size
Small Scale Enterprise
Medium Scale Enterprise
Large Scale Enterprise
By Customer Type
B2B
B2C
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
CHAPTER 1:INTRODUCTION
1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO PERSPECTIVE
CHAPTER 3:MARKET OVERVIEW
3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.PORTER’S FIVE FORCES ANALYSIS
3.4.MARKET SHARE ANALYSIS (2017)
3.5.MARKET DYNAMICS
3.5.1.Drivers
3.5.1.1.Rise in need of safety in high-risk areas
3.5.1.2.Growth in transition from analog surveillance to IP cameras
3.5.1.3.Integration of IoT in surveillance cameras
3.5.2.Restraints
3.5.2.1.High investment
3.5.2.1.1.Initial installation investment
3.5.2.1.2.Large data storage problems
3.5.2.2.Lack of professional expertise in handling IP cameras
3.5.2.3.Increase in privacy concerns
3.5.3.Opportunities
3.5.3.1.Emerging trends toward development of smart cities
3.5.3.2.Increase in adoption toward spy and hidden cameras
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About Us
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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