Global Video Surveillance Market: Emerging Trends, Major Key Players Hikvision and Dahua

According to the report, Global video surveillance market is expected to grow from $42.18 billion in 2019 to $95.56 billion in 2027, at the CAGR of 9.90% from 2020 to 2027. The major driver for the Video Surveillance Market is increasing concern across the world. Moreover, the growing demand for closed-circuit television (CCTV) systems to monitor people and property is also fuelling the market growth. Moreover, the growing need for video surveillance systems in defense and aerospace applications such as in airports and critical infrastructure is also creating opportunities for market growth.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global VIDEO SURVEILLANCE industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Video Surveillance market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Video Surveillance players holding highest market share include Hikvision, Dahua, Axis Communications and Bosch Security Systems. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Hikvision
• Dahua
• Axis Communications
• Bosch Security Systems
• FLIR
• Avigilon
• Hanwha Techwin
• Honeywell Security Group
• Infinova
• Pelco

Segmental Analysis

Market Segment By System Type with focus on market share, consumption trend, and growth rate of VIDEO SURVEILLANCE Market:
• Analog, IP
• Hybrid

Market Segment By Components with focus on market share, consumption trend, and growth rate of VIDEO SURVEILLANCE Market:
• Hardware
• Software
• Service

Market Segment By Application with a focus on market share, consumption trend, and growth rate of VIDEO SURVEILLANCE Market:
• Commercial
• Defense & Military
• Infrastructure
• Residential
• Others

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Global Video Surveillance Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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