Press release
Network Surveillance Solutions Market - Rise in adoption of Artificial Intelligence, Internet of Things (IoT), and machine learning in various sectors is a major factor is estimated to drive the global Industry
Network surveillance is the monitoring of computer activity on a network. Typically, it is done in secret by organizations, governments, or individuals to monitor illegal activity. Network surveillance assists governments and organizations to understand and gather information from their user base. Almost all network surveillance is automated, intrusive, and performed remotely. Packet tracking is a common technique for monitoring data traffic in networks. Various technologies are also accessible to help with network surveillance. Network surveillance might be utilized to restrict access to publicly available information or certain groups of users, and it could serve as the foundation for asymmetrical power relations between the surveyor and the monitoredNetwork surveillance helps monitor various bypass techniques such as filtering, redirecting, blocking, and intercepting network traffic
Network surveillance provides a thorough examination of the overall health of the log monitoring and network health. Inputs from network surveillance are also used employed for real-time data monitoring, traffic optimization, QoS measurements, remote log analysis, and troubleshooting. An important advantage of network surveillance is to detect and locate fraud. From the government's point of view, network surveillance enables threat monitoring, maintenance of social control, and prevention of illegal and criminal activity.
Presently, computer and network surveillance software are widely used and almost all Internet circulation can be observed. Governments and other agencies use surveillance to maintain social control, detect and monitor threats or doubtful activity, and avoid and examine criminal activity.
network surveillance solutions market size and forecast
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Global Network Surveillance Solutions Market: Key Drivers
Rise in adoption of Artificial Intelligence, Internet of Things (IoT), and machine learning in various sectors is a major factor that is estimated to drive the global network surveillance solutions market during the forecast period. Significant increase in use of mobile devices and a rise in the demand for integrated monitoring solutions are also key factors that are expected to drive the global network surveillance solution market in the next few years. Rising popularity of software-as-a-service based network surveillance solutions is considered an important factor fuelling the overall market
The market is expected to maintain its growth momentum in the short and medium-term, as companies implement surveillance solutions in response to security challenges posed by emerging trends such as cloud computing and networking
Efficient compliance with industrial and government regulations as well as new technologies that enable competitive business are expected to offer significant opportunities for the network surveillance solution market. However, economic slowdown resulting in a reduction of the security budget and increase in product price are likely to restrain the network surveillance solutions market in the next few years
Increasing competition from specialist providers and customer fears of a single-point failure of network traffic have also hindered the market for network surveillance solutions
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Impact of COVID-19 on Global Network Surveillance Solutions Market
COVID19 impacted the global economy in three different ways: supply chain and market disruptions, direct impact on production and demand, and its financial impact on businesses and financial markets
The adoption of IoT and cloud-based technologies has accelerated in various business areas and industries during the lockdown; therefore, the demand for network surveillance solutions is rising and subsequently boosting the global market
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North America to Hold Major Share of Global Network Surveillance Solutions Market
The global network surveillance solutions market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
North America is estimated to account for a prominent share of the global network surveillance solutions market due to the presence of several significant players and the adoption of digital technologies in the region
The network surveillance solutions market in Europe is also expanding at a steady pace. The U.K. is the leading country in the network surveillance solutions market due to the availability of advanced players and significant government initiatives in this region.
The market in Asia Pacific is likely to expand considerably during the forecast period. Governments in the region are approaching and encouraging the public to adopt digitalization in their daily lives.
Key players operating in the global network surveillance solutions market include:
Honeywell International Inc.
Johnson Controls International
Robert Bosch GmbH
Axis Communications AB
Hanwha Techwin
Eagle Eye Networks, Inc.
Arlo Technologies
Zhejiang Dahua Technology Co., Ltd.
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