Global Video Surveillance Market Size, Trends & Forecasts 2018-2022 with Profiles of Hangzhou Hikvision Digital Technology, Axis Communications, Panasonic Corporation and The Bosch Group - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The “Global Video Surveillance Market: Size, Trends & Forecasts (2018-2022)” report has been added to ResearchAndMarkets.com’s offering.
Global Video Surveillance Market: Size, Trends & Forecasts (2018-2022), provides an in-depth analysis of the global video surveillance market by value, by region, by technology, by equipment etc. The report also provides regional analysis of video surveillance market by value, including regions like China, North America, South America, EMEA, and APAC.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global video surveillance market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The video surveillance market has been segmented on the basis of technology, end user and equipment. Video surveillance is based on two major technologies, Analog video surveillance system and IP video surveillance system. Video surveillance systems have wide end uses, like, Commercial, Infrastructure, Military And Defense, Residential, Public Facility and Industrial. Equipment in video surveillance system are Security Cameras, Boxed DVRs & NVRs, Enterprise & IP Video Storage, VMS, Encodes etc.
The global video surveillance market has increased at a significant CAGR over the years and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously.
The video surveillance market is expected to increase due to increasing safety concerns, rising urban population, upsurge in infrastructural investment, growing Artificial Intelligence etc. Yet the market faces some challenges such as privacy and security issues, high maintenance cost, etc.
The global video surveillance market is dominated by few players, but there are other new players, private label players as well. However, the competition in the global video surveillance market is dominated by Hangzhou Hikvision Digital Technology Co., Ltd., Axis Communications AB, Panasonic Corporation, and The Bosch Group (Bosch Security Systems Limited), who are also profiled with their financial information and respective business strategies.
Growth DriversIncreasing Safety Concerns Rising Urban Population Upsurge in Infrastructural Investment Growing Artificial Intelligence (AI) Rising Internet of Things (IoT) Market Increasing Demand from Smart Homes Market Rising Consumer Expenditure and Disposable Income
ChallengesPrivacy and Security Issue High Maintenance Cost
Market TrendsShift from Analog towards IP Video Surveillance Systems Video Surveillance as a Service (VSaaS) Introduction of 5G
Companies MentionedHangzhou Hikvision Digital Technology Co., Ltd. Axis Communications AB Panasonic Corporation The Bosch Group (Bosch Security Systems Limited)
For more information about this report visit https://www.researchandmarkets.com/research/3k9xrn/global_video?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005279/en/
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Related Topics:Video Surveillance
KEYWORD: NORTH AMERICA SOUTH AMERICA CARIBBEAN MIDDLE EAST
INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO
SOURCE: Research and Markets
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PUB: 08/09/2018 05:30 AM/DISC: 08/09/2018 05:30 AM