Driving Forces and Challenges in the Global Video Surveillance Market
The video surveillance market size reached USD 43.90 Billion in 2021 and is expected to register a revenue CAGR of 10.9 % during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of body-worn cameras across various industries such as healthcare and retail is one of the key factors driving market revenue growth. Body-worn cameras are widely used by security forces and law enforcement agencies, which has led to acceptance in other areas such as healthcare and retail. Body-worn cameras providesignificant advantages,including improving customer relations, enhancing employee security, and preventing suspicious actions. Employees may record actual events and submit real-time threat warnings and alerts to security authorities using a body-worn camera. Increasing integration of machine learning and deep learning techniques in video surveillance software is expected to boost revenue growth of market. Machine learning and deep learning techniques are widely used for pattern analysis in surveillance. Machine learning's ability to facilitate video analytics and minimize algorithm calibration leads to a significant breakthrough in future usage of video surveillance software.
The Video Surveillance Market Market report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
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Provide chapter-wise guidance on request 2022 Updated Regional Analysis with Graphical Representation of Trends, Size, & Share, Includes Updated List of figures and tables.
Updated Report Includes Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis by using Emergen Research methodology.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Key companies operating in the Video Surveillance Market market include:
Bosch Security and Safety Systems, Panasonic i-PRO Sensing Solutions, Nice Systems, VIVOTEK, NEC, Honeywell International Inc., Huawei Technologies, Axis Communications, CP Plus, Hanwha Techwin
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The report also sheds light on regional market dynamics, highlighting how different geographical areas contribute to the global Video Surveillance Market market's growth. It presents a detailed assessment of market performance across key regions, identifying areas with the highest growth potential. These regional insights allow businesses to tap into unexplored markets and develop region-specific strategies for expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Video Surveillance Market Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
Segments Covered in this report are:
End-Use Verticals Outlook (Revenue: USD Billion; 2017-2027)
- Public Facility
- Commercial
- Military & Defense
- Residential
- Industrial
- Others
Component Outlook (Revenue: USD Billion; 2017-2027)
- Hardware
- Camera
- Monitor
- Storage
- Accessories
- Software
- Video Analytics
- Video Management Software
- Services
- Video Surveillance-as-a-Service
- Installation, Demo & Maintenance Services
- Hardware
Customer Type Outlook (Revenue: USD Billion; 2017-2027)
- B2B
- B2C
Regional Outlook :
Different regional dynamics are driving global growth in the Video Surveillance Market market. North America and Europe are advancing through technological progress and strong regulatory frameworks, though supply chain issues and regulatory challenges persist. Asia-Pacific, particularly China and India, are seeing accelerated growth fueled by urbanization and increasing consumer demand. On the other hand, Latin America, the Middle East, and Africa are emerging markets with growth potential, bolstered by reforms and new investments, though long-term growth is hampered by political instability and infrastructure shortfalls.
Key Questions Addressed in the Report:
- Who are the leading players in the Video Surveillance Market industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Video Surveillance Market?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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