How has the Video Surveillance market changed over years?

The video surveillance market is expected to grow at a CAGR of 9.3% and reach a market size of USD 71 billion by the end of the forecast period. Video surveillance technologies are employed to capture videos and images that can be compressed, stored or sent over communication networks in any environment. Cameras are often connected to a recording device or IP network and can be watched remotely or locally.

The use of video surveillance in businesses for physical security, coupled with the use of cloud-based services for centralized data, has been witnessing significant growth in recent years, which in turn has been driving market growth across verticals. Video surveillance is a great security solution for government buildings, corporations, businesses, and other large entities. Rising security concerns have been driving demand for highly efficient, time-saving surveillance systems at affordable costs.

Wearable cameras and surveillance drones are emerging trends in the market, which are expected to create new niches for surveillance in coming years. In should be noted that some surveillance cameras can only observe areas directly in view of the camera, which creates blind spots that may be detected and exploited by criminals.

The video surveillance market is expected to grow at a CAGR of 9.3% and reach a market size of USD 71 billion by the end of the forecast period. Video surveillance technologies are employed to capture videos and images that can be compressed, stored or sent over communication networks in any environment. Cameras are often connected to a recording device or IP network and can be watched remotely or locally.

The use of video surveillance in businesses for physical security, coupled with the use of cloud-based services for centralized data, has been witnessing significant growth in recent years, which in turn has been driving market growth across verticals. Video surveillance is a great security solution for government buildings, corporations, businesses, and other large entities. Rising security concerns have been driving demand for highly efficient, time-saving surveillance systems at affordable costs.

Wearable cameras and surveillance drones are emerging trends in the market, which are expected to create new niches for surveillance in coming years. In should be noted that some surveillance cameras can only observe areas directly in view of the camera, which creates blind spots that may be detected and exploited by criminals.

Video surveillance in business, emergence of video surveillance-as-a-Service, introduction of new IP-based digital technologies are some factors expected to provide impetus to market growth in coming years. Furthermore, introduction of new IP-based digital technologies to detect and prevent undesirable behaviors such as vandalism, terror attacks, shoplifting, and thefts is expected to propel market growth. Moreover, areas such as hospitality, finance, and aviation are making significant investments in surveillance to counter threats from crime and terrorism.

Grab a Free Sample PDF copy of the Video Surveillance Market Report 2019 @ 
https://straitsresearch.com/report/video-surveillance-market/request-sample

The Major Players Covered in this Report: Hikvision, Dahua, Axis Communications, Bosch Security Systems, FLIR (US), Honeywell Security Group, Infinova, Pelco, BCD Video, Panasonic, Tiandy, Uniview, Zicom., & More...

On the Basis of Type, Analog, IP based
On the Basis of Component, Hardware, Software
On the Basis of Vertical, Commercial, Industrial, Defense, Residential, Others

View Full Report @ https://straitsresearch.com/report/video-surveillance-market/

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Video Surveillance in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Video Surveillance market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Video Surveillance and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Video Surveillance. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

View this report with a detailed description and TOC @ https://straitsresearch.com/report/video-surveillance-market/toc

Why Buy This Report?
Video surveillance technology has proven to be extremely beneficial in monitoring terrorist activities and illegal infiltrations. Governments around the globe are making significant investments in advanced video surveillance devices and sophisticated surveillance networks to deal with terrorism.

In China, the government plans to implement the ‘Xueliang’ (‘Sharp Eyes’) project by 2020, which encompasses the development of an ‘omnipresent, fully networked, always working and fully controllable’ video surveillance network.

This report offers in-depth market analysis, including market dynamics such as drivers, restraints, and opportunities. It also offers a quantitative analysis of the current market and a forecast developed for the duration from 2019 to 2026. This detailed information will help readers identify prevailing market opportunities in major segments of the global video surveillance market. The report also covers recent developments in the video surveillance market.

This report offers key insights pertaining to the video surveillance market with emphasis on recent developments across geographies and development strategies adopted by prominent market participants. The following sections have specifically been covered in the report.

Competitor Analysis
Market concentration of top five players
Potential Ventures

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/video-surveillance-market/global/

Would you like to discuss Video Surveillance Market challenges with the experts at Straits Research?

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs.

This release was published on openPR.