The global Video Surveillance Market is estimated to reach USD 87,361.8 million by 2025 and is anticipated to grow at a CAGR of 14.2% during the forecast period, according to a comprehensive study added by Report Ocean,
The report offers an in-depth analysis of major driving factors, segments, regions & countries and key players in the market. Moreover, the report also outlines the competitive scenarios across different geographies along with key developments which include mergers and acquisitions, new product or services development, R&D activities, thus giving insights to the market players about the major regions gaining traction.
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Growth Factors and Restraints
A digital video surveillance system is a surveillance system capable of capturing images and videos that can be compressed, stored or sent over communication networks. Digital video surveillance systems can be used for nearly any environment. Security and surveillance are required for all organizations worldwide.
Owing to increase in adoption of advanced surveillance by the government sector, manufacturers have realized the need for optimum IP surveillance systems. There are many advantages that an IP camera CCTV system offers over an analog format. IP security cameras send their signal over a network, allowing greater information transfer than an analog signal sent to a DVR, which act as a major video surveillance market trend.
The worldwide Video Surveillance market research report provides a deep-dive analysis of the present market situation and future market trends. The analysis provided in the report help the manufacturers, companies, service providers, etc. as a major guiding factor for decision making and analyzing the current and future market situations. The report also analyzes the major players operating in the market.
List of major players operating in the Video Surveillance market include:
new product launch and development, acquisition, partnership and collaboration and business expansion to increase the video surveillance market share during the forecast period
North America is one of the key contributors to the video surveillance market size owing to the increasing number of applications in commercial, industrial and residential sectors, which fuels the demand for the video surveillance camera and equipment in the region. For instance, Mount Royal University in Canada is turning to artificial intelligence to strengthen its security across its campus. The university will replace the old CCTV technology with 360-degree high-resolution cameras and a software system enabled with AI. The project’s three components have been funded by three different revenue sources, including the university’s operating budget, the library project fund, and the provincial government’s Infrastructure Maintenance Act. In addition, an app called MRU is also available for download on iTunes and the Google Play store that alerts users to safety concerns on campus and will allow them to report an emergency from their phones.
Based on video surveillance market analysis, infrastructure segment has generated the highest revenue in 2017 followed by military & defense segment which is estimated to be the fasted growing segment among the other application mentioned in the report.
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Major highlights of the Table of Contents of the study:
- Market Overview & Summary
- Market Dynamics
- Market Share Analysis
- PORTERS Analysis
- PESTEL Analysis
- Value-chain Analysis
Why purchase this report
- The report would provide an in-depth analysis of the current and future market trends
- Analysis of both global, regional and country lever markets
- Key strategic initiatives are taken by major players operating in the market along with ranking analysis for the key players
- Analysis based on historical information along with the current trends to estimate the future of the market
- Analysis of the impact of constantly changing global market scenarios on the market
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