Market Overview
The video surveillance market is expected to grow from USD 41.5 billion in 2021 and is projected to reach USD 68.3 billion by 2028; it is expected to grow at a CAGR of 9.6% during the forecast period. Increasing hardware capabilities of video surveillance cameras, including increased camera capabilities, maturing technology, features, and customized systems, as well as increasing use of software analytics and AI in video monitoring, are expected to be the main drivers for the market. The rise in IoT capabilities, upcoming smart cities, as well as the use of thermal cameras in response to COVID-19 are expected to provide short-term and long-term opportunities for market growth.
Impact of COVID-19
The COVID-19 pandemic had a severe impact on the Global Video Surveillance Market. The lockdown imposition by the governments caused disruptions in the supply chain, which further led to incomplete projects, and subsequently, massive losses. However, with the upliftment of the lockdown phase, trade across regions began to happen gradually. Hence, the market is likely to regain its pace and grow significantly in the forecast period.
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Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Scope of the Global Video Surveillance Market
The Video Surveillance market research provides detailed market information for segmentation on the basis of ecosystems, applications, and regions. The purpose of this market analysis is to examine the video surveillance outlook in terms of factors driving the market, trends, technological developments, and market share, among others.
The report further takes into consideration the market dynamics and the competitive landscape, along with the detailed financial and product contribution of the key players operating in the market.
Global Video Surveillance Market Segmentation
The storage segment dominated the global video surveillance in 2019 owing to the increasing employment of the surveillance systems in homes, small buildings, retail stores, and other similar places. Further, the falling prices of the hard disk drives have also contributed to the growth of the storage system in the video surveillance market.
While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the industry that is analyzed. The report also analyzes various applications that include infrastructure, commercial, residential, industrial, institutional, and others.
The video surveillance is segregated on the basis of five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Data for each of these regions (by country) has also been provided in the report.
Key Companies in the Global Video Surveillance Industry
The key market players in the global video surveillance market include Avigilon Corporation, Axis Communications AB, Canon Inc., Cisco Systems Inc., Dahua Technology Co. Ltd., FLIR Systems Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Huawei Technologies Co., Ltd., Panasonic Corporation, Sony Corporation, and Verint Systems Inc., Bosch Security Systems, Hanwha Techwin Co. Ltd., Honeywell Security, Pelco, and The Infinova Group, among others.
Region Segmentation
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)
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Table of Content
1 Market Dynamics
2 Industry Analysis
3 Competitive Insights
4 Global Video Surveillance Market, 2019-2025
5 Global Video Surveillance Market (by Ecosystem), 2019-2025
6 Global Video Surveillance Market (by Application)
7 Global Video Surveillance Market (by Region)
8 Company Profiles
9 Research Scope and Methodology
List of Tables
List of Figures
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the United States Video Surveillance Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Video Surveillance Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Video Surveillance Market?
4. What is the competitive strategic window for opportunities in the United States Video Surveillance Market?
5. What are the technology trends and regulatory frameworks in the United States Video Surveillance Market?
6. What is the market share of the leading vendors in the United States Video Surveillance Market?
7. What modes and strategic moves are considered suitable for entering the United States Video Surveillance Market?
Continue…
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