The Global Video Surveillance Market study provides readers with accurate insights by analysing current and future market trends and pointing them toward the goods and services that are driving revenue growth and profitability. The study conducts a thorough analysis of all the key aspects affecting the market on a global and regional basis, including drivers, limitations, threats, challenges, prospects, and industry-specific trends. The research also discusses the state of the global market and the competition environment for the top players.
Global Video Surveillance Market size was valued at US$ 39 Bn. in 2020 and is expected to grow at a CAGR of 10.1% through 2021 to 2027. Asia Pacific region leads the Global Video Surveillance Market by 2027.
Video Surveillance Market Overview:
A research team conducted extensive primary and secondary research for the Video Surveillance market study of the global market. In order to augment already-existing data, segment the market, calculate the overall market size, and project market size and growth rate, secondary research was conducted.
Market revenue is determined by primary and secondary research, and market leaders are recognised through these two methods. In-depth interviews with influential thought leaders and business leaders, including CEOs and marketing executives, were conducted as part of the main study.
As part of the primary research, extensive interviews with key opinion leaders and business leaders, including CEOs and marketing executives, were done. As part of the secondary research, the annual and financial reports of the major manufacturers were examined. Global market percentage splits, market shares, growth rates, and breakdowns are produced from secondary sources and validated against primary data.
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Market Scope:
The report contributes to a better knowledge of the global Video Surveillance market's dynamic structure by identifying and assessing market segments and estimating market size. The report also contains a comparison of key firms' pricing, financial standing, application growth objectives, and regional presence. To assist shareholders in prioritising their efforts and investments in the global Video Surveillance market, the study also contains a PESTLE analysis.
Decision-makers now have a clear picture of the future of the market thanks to the investigation of external and internal factors that are expected to either benefit or harm enterprises. Through the analysis of market segmentation and projections of market size, the study also contributes to an understanding of the dynamic structure of the global Video Surveillance market. The study is a resource for investors by giving a thorough representation of the competitive analysis of significant organizations in the Global Video Surveillance Market based on price, financial position, growth strategies, and geographic presence.
Segmentation:
Hardware, software, and services make up the three market segments. By 2027, the hardware industry is anticipated to have the biggest percent market share. Due to the fact that hardware makes up more than 60% of the total cost of a video surveillance system, the hardware segment has a sizable market. A rise in the number of cameras being used globally is partly a result of growing security concerns in many industries. A variety of hardware-based developments have arisen that enhance security, object tracking, and low-light performance as the industry transitions to IP cameras. Technology advancements have produced highly sophisticated surveillance cameras that can be set up to zoom-in scan objects, including dangerous machinery.
Top Companies in the Global Video Surveillance Market:
• Avigilon Corporation
• Axis Communications AB
• Bosch Security Systems Incorporation
• Flir Systems Incorporation
• Hangzhou Hikvision Digital Technology Company Limited
• Samsung Techwin Company Limited
•Zhejiang Dahua Technology Company Limited
• Dahua Technology Co., Ltd.
• Mobotix AG
• Geovision, Inc.
• Genetec, Inc.
• Honeywell Security Group
• Infinova Corporation
• Nice Systems
• Panasonic System Networks Co., Ltd.
• Pelco By Schneider Electric
• Hanwha Techwin
• BCD Video
• CP Plus
• Tiandy
• Uniview
• Vivotek
• Zicom
Regional Analysis:
The Video Surveillance Market is examined at the national level with a focus on nations with the largest market shares, categories with the potential for strong growth, and categories. The regional breakdowns in the Video Surveillance Market research include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other nations.
COVID-19 Impact Analysis on Video Surveillance Market: The report covers COVID-19 impact on Video Surveillance market.
Key Questions Answered in the Video Surveillance Market Report are:
- What will the CAGR of the Video Surveillance market be during the forecast period?
- In the Video Surveillance market, which market segment has become the market leader?
- Which companies dominate the Video Surveillance market?
- In 2029, how big will the Video Surveillance market be?
- Which company held the largest proportion of the Video Surveillance market?
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