According to the latest report by GMI Research, Video Surveillance Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The Video Surveillance Systems market illustrates the impact of the COVID-19 pandemic and represents that the market is anticipated to bounce back in 2021 over 2020 while growing at a significant growth rate from 2022 onwards. Video Surveillance systems are used for monitoring activities in commercial, public areas, and business buildings for real-time or for later viewing. This system is a combination of hardware and software integrated together to capture images and video analysis to gather critical evidence for law enforcement agencies.

Competitive Landscape: The Video Surveillance Systems Market report also scans the competitive landscape and profiles the major players operating in the market, including Bosch Security System, Dahua Technologies, Avigilon Corporation, Hangzhou Hikvision Digital Technology, Axis Communications, Mobotix, Pelco, and Honeywell Security Group.

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IP based systems are anticipated to capture the highest video surveillance systems market share owing to the strong demand for 180/360 degree cameras in 2014 and its emerging trend is expected in 2015. These cameras are ideal for monitoring general activities in large outdoor and indoor space areas and are widely used in airports, casinos, and retail sectors.

North America region captures the largest video surveillance systems market size in terms of revenue. On the other hand, the size of the MEA market is smaller, however, this region’s market is growing at an exponential rate driven by the increasing construction activities of various ongoing and upcoming events such as FIFA World Cup 2022 in Qatar and 2020 World Expo in Dubai.

For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-video-surveillance-systems-market-vss/

Market Segments:

Breakup by Type:

Analog Video Surveillance Systems
IP Video Surveillance Systems
Breakup by Hardware, Software, and Services:

Camera
Video Encoder
Video Management Software
Hardware NVR
DVR
VSaaS
Analog Camera
IP Camera
Hosted VSaaS
Managed VSaaS
Hybrid VsaaS
Breakup by Vertical/Application/Sector:

Banking & Finance
Government
Transportation
Retail
Corporates
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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