Video Surveillance Market Size, Share | Global Industry Research on Growth, Trends and Opportunity

Adroit Market Research

Video Surveillance Market

By System Types (Analog-based, IP-based), Type (Hardware, Software, Services), By Vertical (Law Enforcement, Military & Defense, Commercial & Industrial, Educational institutes, Transportation & Logistics, Residential, BFSI), By Region, Trends and Forecast 2018 to 2025 Single Use License: US$ +1 (214) 884-6068

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Video Surveillance Market Size and Share 2025 • Adroit Market Research published a report on the “Global Video Surveillance Market Size 2017 By System type (Analog based, IP Based), By Type (Hardware, Software, Services), By Vertical (Law enforcement, Military & defense, Commercial & Industrial, Educational institutes, Transportation & Logistics, Residential, BFSI, Others), By Region and Forecast 2018 to 2025”. The study covers the global video surveillance systems market value and volume for a period ranging from 2012 to 2025. The global video surveillance market report discusses in detail the factors driving and restraining the growth. The report divulges into a detailed value chain and PEST analysis to provide a holistic view of the market. Additionally, we have provided information about the global video surveillance market leaders.

• The global video surveillance market size is likely to portray a significant growth, expanding at a double digit CAGR over the years ahead. The market value is anticipated to cross the US$ 100 billion mark, by the end of 2025. Widespread adoption of security equipment in commercial and residential buildings is one of the major supporting factor for the growth of video surveillance market.

• Video surveillance systems are now an essential part across several industry verticals. These industries utilize various hardware and software products to monitor and detect suspicious activities. They are also used for the purpose of maintaining law and order in the society. Changing lifestyle and increasing awareness for home security has propelled the demand for video surveillance systems especially in the residential sector. However, exorbitant initial installation costs and further maintenance is expected to inhibit the growth of video surveillance market over the forecast period.

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Video Surveillance Market Size and Share 2025 • Asia Pacific is projected to have the largest share in the global video surveillance market by 2025, owing to growth in industrial activities and high demand for surveillance systems in the residential sector. China alone is estimated to have a lion’s share in Asia Pacific as well as the global video surveillance market, owing to high market penetration across most of the verticals and large presence of local players. As the facial recognition technology has advanced further, China has been keen on using this technology to monitor suspicious activities. For instance, In March 2018, Chinese giant Hikvision announced to open the access of its proprietary AI (Artificial Intelligence) technology, specifically AI cloud.

• The global video surveillance market has a fragmented nature, with the presence of numerous global as well as Chinese local players. Bosch Security Systems Incorporation, Axis Communications AB, Avigilon Corporation, Hangzhou Hikvision Digital Technology Company Limited, Honeywell Security Group, and Flir Systems Incorporation are some of the video surveillance market players.

• Technological advancement over the recent years has propelled the global video surveillance market to be highly competitive. The major video surveillance market players are focusing on product development in order to sustain the increasing competition and to support the growing consumer demand. For instance, in April 2018, Avigilon Corporation introduced a new video intercom secured entry system that combines the use of video and bi-directional audio devices along with the Control Center video management software for 24/7 entry control. This is expected to benefit the company in strengthening its product portfolio over the years ahead.

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Video Surveillance Market Size and Share 2025 •

Key segments of the global video surveillance market

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System type overview, 2014-2025 (USD Million)

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Analog Based

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IP Based

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Component Overview, 2014-2025 (USD Million)

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Hardware

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By type (Analog, IP)

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By resolution ( SD,HD, 4K)

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Camera (Thousand Units) (USD Million)

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Monitor

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Storage media (Thousand Units) (USD Million)

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By type( DVR, NVR)

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Software

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Services

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Vertical Overview, 2014-2025 (USD Million)

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Law Enforcement

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Military & Defense

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Commercial & industrial

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Educational institutes

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Transportation & logistics

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Residential

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BFSI

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Others

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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.

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