Global Video Surveillance Market: Forecast Trends and Segmentation 2024


Posted October 11, 2017 by Marktwain

Global Video surveillance market size is expected to reach USD 76.64 Billion by 2024 and further the global video surveillance market is predicted to register a modest CAGR of 15.04% over the forecast period i.e. 2017-2024.

 
In the ad hoc era due to increasing number of crime rates and other security issues people all across the globe are using security cameras or surveillance. Thus the video surveillance equipment and services market has been primarily driven by increasing need to secure various buildings, sites and premises. With rising security threats and increasing instances of crime and terror attacks, there has been a growing need for public safety and protection. Video Surveillance is anticipated to become a ubiquitous tool in the security systems across all the the regions. Based on the end user the market is segmented into areas some of which are bars, banks, casinos, schools, hotels, airports, hospitals, restaurants, military installations, commercial segments etc, the commercial segment is expected to grow at a modest CAGR between 2016 and 2024. The demand for security systems from large and small retail businesses is gradually increasing in developed countries. Global Video surveillance market size is expected to reach USD 76.64 Billion by 2024 and further the global video surveillance market is predicted to register a modest CAGR of 15.04% over the forecast period i.e. 2017-2024. Geographically, North America is the largest region in global video surveillance market with 40% market share in 2016. It is expected to reach at a value of USD 30.65 billion by 2024 from USD 12.54 billion in 2016. The market should always try to come up with new technologies and innovation such as wireless technology inspite of wired technology as well as alarm surveillance etc. However, system problem, and lack of awareness can turn out to be a great disadvantage for this market.

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Market segmentation
• On the basis of system
o Analog surveillance system
o IP surveillance system
o Biometrics surveillance system
• On the basis of solutions
o Hardware solutions
• Camera
• Monitor
• Server
• Storage device
• Accessories
o Software solutions
• Video analytics
• Video management system
• Neural networks
o Services
• Installation
• Maintenance
• Repair services
• On the basis of verticals
o Banking & Financial
o Government & Transportation
o Retail & Logistics
o Commercial Offices
o Industrial & Manufacturing
o Residential
o Hospitality & Healthcare
o Educational Institutions
• On the basis of regions
o North America (US, Canada) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
o Rest of the World{Market Share (%), Market Size (USD Billion), Product Sales (Units)}


“Global Video surveillance Market Outlook 2024”: It contains detailed overview of the global video surveillance market in terms of market segmentation by product type, by material type, by technology type, by vertical.
Further, for the in-depth analysis, video surveillance market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global video surveillance market report also provides competitive outlook of some of the major players of the global video surveillance market which includes profiling of companies of Axis Communications, Bosch Security, Hikvision, Honeywell Security, NICE Systems, Tyco, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global video surveillance market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.


Browse full market report@ https://www.goldsteinresearch.com/report/video-surveillance-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

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Tags global video surveillance market , video surveillance market
Last Updated October 11, 2017