Video Surveillance Market: size was valued at US$ 47.27 Bn. in 2022 and is expected to grow at a CAGR of 10.1% through 2022 to 2029. Asia Pacific region leads the Global Video Surveillance Market by 2029.
Video Surveillance Market Overview:
Maximize Market Research’s new report, Global Video Surveillance Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Video Surveillance market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Video Surveillance market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market’s complexities. The research provides an overview of the worldwide Video Surveillance market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
Segmentation:
by System
Analog
IP
by Offering
Hardware
Software
Service
The market is divided into three categories based on the Offering: hardware, software, and services. By 2029, the hardware sector is anticipated to have the biggest market share, or %. Due to the fact that hardware makes up more than 60% of the total cost of a video surveillance system, the hardware segment has a sizable market. A rise in the number of cameras being used globally is partly a result of growing security concerns in many industries. A variety of hardware-based developments have arisen that enhance security, object tracking, and low-light performance as the industry transitions to IP cameras. Technology advancements have produced highly specialised surveillance cameras that can be set up to zoom-in scan objects, such dangerous machinery.
by Vertical
Commercial
Infrastructure
Military & Defense
Residential
Public Facility
Industrial
The market is divided into commercial, infrastructure, military & defence, residential, public facility, and industrial segments based on the vertical. The commercial segment is anticipated to expand quickly between 2023 and 2029, with a CAGR of %. The growing significance of video surveillance systems as a result of elevated security concerns across sectors such as retail, businesses, banks, and financial institutions is what is driving the commercial video surveillance market. Demand for security solutions has increased in the corporate sector as a result of security breaches such inventory loss, robberies, unauthorised access, and other criminal activities. The rapid expansion of small businesses, as well as retail businesses and malls, has raised the demand for surveillance systems in recent years.
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Key Players:
It then discusses the top competitors in the worldwide Video Surveillance market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
1. Avigilon Corporation
2. Axis Communications AB
3. Bosch Security Systems Incorporation
4. Flir Systems Incorporation
5. Hangzhou Hikvision Digital Technology Company Limited
6. Samsung Techwin Company Limited
7. Zhejiang Dahua Technology Company Limited
8. Dahua Technology Co., Ltd.
9. Mobotix AG
10.Geovision, Inc.
11.Genetec, Inc.
12.Honeywell Security Group
13.Infinova Corporation
14.Nice Systems
15.Panasonic System Networks Co., Ltd.
16.Pelco By Schneider Electric
17.Hanwha Techwin
18.BCD Video
19.CP Plus
20.Tiandy
21.Uniview
22.Vivotek
23.Zicom
Get to Know More About This Market Study@ https://www.maximizemarketresearch.com/market-report/global-video-surveillance-market/14984/
Regional Analysis:
The report has analyzed the global Video Surveillance market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Video Surveillance market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Video Surveillance Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
Key Questions Answered in the Video Surveillance Market Report are:
- Which are the major companies in the Video Surveillance market?
- Which is the potential market for Video Surveillance in terms of the region?
- Which application area of Video Surveillance is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Video Surveillance market size by 2027?
- What are the growth prospects for the Video Surveillance market?
- What is the base year considered in the Video Surveillance market report?
- Which region holds the largest market share in the Video Surveillance market?
- What factors are anticipated to drive the Video Surveillance market?
