Int'l : +1-503-894-6022 | Toll Free : +1-800-792-5285 | help@alliedmarketresearch.com
A10420 | Pages: NA | Charts: NA | Tables: NA |
The global commercial video surveillance market size is experiencing significant growth and is expected to grow considerably in the next few years. Video surveillance systems integrate one or more video cameras on a network that sends the captured video or audio information to a particular place. The captured images are live monitored or transferred to a central location for recording and storage. The market players provide a complete range of commercial video security camera systems to provide the best video surveillance solutions for small business and large enterprises. These systems offer various benefits such as increase overall safety, can help prevent shoplifting & theft, and prevent fraud. Growing concerns about public security and safety, increasing adoption of IP cameras, and upsurge in demand for spy cameras and wireless are the factors driving the growth of the commercial video surveillance industry
COVID-19 scenario analysis:
Growing concerns about safety and security, increasing adoption of IP cameras, and growing demand for wireless and spy cameras are the factors driving the growth of the commercial video surveillance industry. Violation of privacy is a major restraint. Rising government and stakeholder funding for developing smart cities and employing city surveillance solutions, growing demand for VSaaS services, ongoing technological advancements in Big Data, IoT, & cloud-based services, and swelling trends of artificial intelligence & deep learning for video surveillance systems are expected to provide opportunities to players in the video surveillance market during the forecast period.
Zetron announced new, advanced video surveillance and security solution, which is best suited for both private and public-safety applications. It allows video recording to be digitally watermarked and stored for evidentiary purposes. It is offering a solution to customers who oversee and protect schools, government buildings, warehouses, parking lots, and other sensitive facilities. Hence, video surveillance is gaining demand to meet the rising security demand for public safety.
Currently, video surveillance is more than just recording, observing, and storing data. The rise in crime rates, terrorism, and civil unrest activities is pushing the governments to install video surveillance systems in various parts of countries. Furthermore, the governments of developed nations and developing economies are increasingly undertaking initiatives for smart city, which is also a key driver for the video surveillance market.
The IP cameras or internet protocol cameras are being accepted at a higher rate than the traditional surveillance cameras at present. The key advantage of IP cameras over conventional cameras is the benefit of transferring captured data or imageries directly over the internet, within a fraction of second. The TCP/IP cameras are either centralized, which requires Network Video Recorder (NVR) to monitor recordings, or decentralized in which the camera recording can be stored in any local or remote storing devices. The usage of Wi-Fi is also available with the internet protocol or IP cameras for transferring data instantly. The option for installing various video analytics software in the internet protocol cameras for automatic analysis of the imageries by the cameras is increasing the interest among the end users.
Key segments covered:
Segments | Sub-segments |
Type |
|
Industry Vertical |
|
Key benefits of the report:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Industry Vertical, and Region |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
Companies covered | Huawei Technologies, Nice Systems, Hangzhou Hikvision Digital Technology Company Limited, Hanwha Techwin, Axis Communications AB, FLIR Systems Incorporation, Bosch Security Systems Incorporation, Honeywell Commercial Security, Panasonic I-Pro Sensing Solutions, Avigilon, A Motorola Solutions Company |
Questions answered in the commercial video surveillance market research report:
Key Market Segments
Key Market Players