Global Video Surveillance Market is Expected to Grow at a CAGR of 15.04% during the Forecast period (2016-2024)

Video Surveillance Market

New York, USA, 2018-Apr-25 — /EPR Network/ —According to Goldstein Research, with rising security threats and increasing instances of crime and terror attacks, there has been a growing need for public safety and protection. Thus the video surveillance equipment and services market has been primarily driven by increasing need to secure various buildings, sites and premises. Global Video Surveillance Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. Video Surveillance is anticipated to become a ubiquitous tool in the security systems across all the regions. Geographically, North America is the largest region in global video surveillance market with 40% market share in 2016. It is expected to reach at a value of USD 30.65 billion by 2024 from USD 12.54 billion in 2016.

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Market Segmentation

On the basis of our in-depth analysis, global video surveillance market can be segmented as follows:

 

On the basis of system

  • Analog surveillance system
  • IP surveillance system
  • Biometrics surveillance system

On the basis of solutions

Hardware solutions

  • Camera
  • Monitor
  •  Server
  •  Storage device
  • Accessories

  Software solutions

  • Video analytics
  • Video management system
  • Neural networks

  Services

  •  Installation
  •  Maintenance
  •  Repair services

On the basis of verticals

  • Banking & Financial
  • Government & Transportation
  • Retail & Logistics
  • Commercial Offices
  • Industrial & Manufacturing
  • Residential
  • Hospitality & Healthcare
  • Educational Institutions

Based on Geography

  • North America (U.S. & Canada) Video Surveillance Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Video Surveillance Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Video Surveillance Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Video Surveillance Market {Market Share (%), Market Size(USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Video Surveillance Market {Market Share (%), Market Size(USD Billion)}

“Global Video Surveillance Market Outlook 2024” contains detailed overview of the global Video Surveillance market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by material type, by technology type, by vertical.

Further, for the in-depth analysis, Global Video Surveillance Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as Axis Communications, Bosch Security, Hikvision, Honeywell Security, NICE Systems, Tyco, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global video surveillance market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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