Bottom Article Ad

Wednesday, February 16, 2022

Global Video Surveillance System Market To Be Driven By The Rising Investments To Maintain Safety At Various Places In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global Video Surveillance System Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the global video surveillance market, assessing the market based on its segments like product type, vertical and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents –

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 9.36%

With the rising use of AI-based video surveillance for public safety and tracking criminal activities, the market is realising a healthy growth. The use of video surveillance systems across different establishments including commercial infrastructure, residential and private structures, along with public places for real-time monitoring to prevent possible incidences of crime is adding to the growth of video surveillance systems. Additionally, the feature of enhanced efficiency and convenience offered by these systems contribute to their demand to fill for gaps of manual monitoring as the population is exponentially rising. These systems are an important part of business infrastructure leading to increased staff productivity, employee safety and reduced risk of theft.

Industry Definition and Major Segments

Video surveillance system also refers to closed-circuit television (CCTV) system and is a security system. These systems are composed of cameras, which can be analogue or digital, monitors/display units, and recorders. These video surveillance systems are designed in a way to record whenever a movement is detected.
On the basis of product type, the market is segmented into:

Read Full Report with Table of Contents –

• Hardware

o Analogue
o IP Camera

• Software

Video Analytics
o Video Management Software
• Services (VSaaS)

The market is divided into the following, basis vertical:

• Commercial
• Infrastructure
• Institutional
• Industrial
• Defence
• Residential

The major regional markets include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

The video surveillance system market is also gaining from the benefit of advancement in technology which is making these systems more evolved. For instance, adoption of new technologies such as automatic number plate recognition or facial recognition, among others have helped further propel the market growth. Widespread adoption of such systems in segments like transportation, public places, utilities and for municipal surveillance is boosting the market towards higher growth. As the governments, across the globe, pour in investments to increase public safety, the demand for video surveillance systems is rising. Moreover, initiatives like smart cities are further catalysing the market for global video surveillance systems.

Key Market Players

The major players in the market are Axis Communications AB, Bosch Sicherheitssysteme GmbH, Honeywell Security Group, Panasonic Corporation, Teledyne FLIR LLC, and Schneider Electric SE, among others.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person: Mathew Williams, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

Related Reports:

Mexico Medical Cannabis Market:

Global Methyl Acetate Market:

Global Metal Powder Market:

Global Metal Forging Market:

Global Medical Tapes and Bandages Market:

Also, Check Procurement Intelligence which provides you Infallible research solutions.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


Post a Comment