DUBLIN--(BUSINESS WIRE)--May 17, 2018--The "Global Video Surveillance System Market - Segmented by Type, End-User Vertical, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering. The global video surveillance system market was valued at USD 34,962.3 million in 2017, and is expected to reach a value of USD 82,615.3 million by 2023, recording a CAGR of 15.41% over the forecast period (2018-2023). The use of video surveillance in business is growing significantly, owing to the increasing need for physical security, coupled with the use of cloud-based services for centralized data. Globally, the drive to enhance the safety and security across different industries is adding to the market growth, significantly. With rapid developments in cloud computing and video surveillance software, the surveillance market has transformed, in comparison to the previous decade. The growth of the video surveillance market is expected to be fueled by the introduction of new IP-based digital technologies, to detect and prevent undesirable behaviors, such as shoplifting, thefts, vandalism, and terror attacks. Video surveillance is majorly adopted in manufacturing, banking & financial services, and transportation & retail industries. The incorporation is higher in countries, such as the United States, the United Kingdom, China, and Brazil, owing to the large size of the concerned industries and higher awareness among consumers. Key Highlights

Emergence of Video Surveillance-as-a-service (VSaaS) is Driving Market Growth Video Analytics Software has the largest Market Share North America expected to Dominate the Market over the Forecast Period

Companies Mentioned

Axis Communications AB Bosch Security Systems Incorporated Honeywell Security Group Samsung Group Panasonic Corporation FLIR systems Inc. Schneider Electric NICE Limited Infinova Corporation Zhejiang Dahua Technology Company Limited Hangzhou Hikvision Digital Technology Company Limited

Key Topics Covered 1. Introduction 2. Research Approach and Methodology 3. Executive Summary 4. Market Insights 5. Market Dynamics 6. Technology Snapshot 7. Global Video Surveillance System Segmentation 8. Competitive Intelligence - Company Profiles 9. Investment Analysis 10. Future of the Market For more information about this report visit https://www.researchandmarkets.com/research/9d45vg/global_video?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180517005678/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Video Surveillance

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY PHOTOGRAPHY SECURITY PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 05/17/2018 08:11 AM/DISC: 05/17/2018 08:11 AM

http://www.businesswire.com/news/home/20180517005678/en