Market Highlights
The increasing adoption of internet of things application is boosting
the video surveillance market growth. It is required to meet the demand of
advanced security solution. For the smart city project, the video analytics are
extensively used for smart buildings, traffic management, retail & logistic
operations among others. The video surveillance offers high quality image which
could help in tracking and monitoring behavior of the people, traffic, and
other activities very quickly. The video analytics are used for face
recognition, behavioral analytics, and illicit action prediction among other
factors. The smart city project requires technological advanced video
surveillance solution for providing real-time information, monitoring traffic,
and others.
Increasing adoption of smart city is another driving factor in the
growth of Video Surveillance market. The smart city project provides smart
warnings such as intelligent traffic alert, and disaster warning and allows
quick access to events and incidents. The increasing demand of biometric
applications, video management and internet of things are some of the key
factors which are propelling the video surveillance application across the
world.
The market for global Video Surveillance is segmented on the basis of
component and applications. Based on component segments, video surveillance
market is segmented as hardware, software and services. Hardware components
accounts for highest market share and is estimated to grow with 17% CAGR.
Cameras, monitor, and storage systems are the different components comes under
hardware part of video surveillance. Cameras are the most essential part of the
video surveillance that are used for monitoring areas by capturing videos.
These cameras are attached to encoders, and analog gateway network modules for
sharing and routing the services on surveillance network. Video inputs, a video
decoder, an audio codec, display & motion controllers, and video
compression/decompression are the different parameters deals with components of
a camera.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/957
Segmentation:
Video surveillance are used in variety of
applications, including infrastructure, commercial, institutional, Defense, and
residential. Due to the wide range of features, video surveillance or security
cameras are common in every industry now a days. Traffic monitoring, public
safety, parking monitoring and vehicle safety, event security, and employee
safety, are some other applications of video surveillance.
Competitive Landscape:
Some of the key players in the market are
Zhejiang Dahua Technology Co., Ltd. (China), Axis Communications AB (Sweden),
Bosch Security Systems Inc. (U.S.), Hangzhou Hikvision Digital Technology Co.,
Ltd. (China), FLIR Systems Inc. (U.S.), Honeywell Security Group (U.S.),
Avigilon Corporation (Canada), Pelco (U.S.), Panasonic System Networks Co.,
Ltd. (Japan), Hanwha Techwin Co., Ltd. (South Korea) and NICE System Ltd.
(Israel).
Regional Analysis:
North America leads the market for global Video Surveillance market. The
technical advancements in the region and developed network architecture and
high adoption rate of surveillance equipment are the factors that are driving
North America in lead position. Europe bags the second place in the market for
global Video Surveillance followed by Asia Pacific. The improvement in network
infrastructure and increasing adoption of cloud based services by industries
which there by expected to fuel the market growth in the region.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/video-surveillance-market-957
About
Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel
the complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
MRFR
team have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by products,
services, technologies, applications, end users, and market players for global,
regional, and country level market segments, enable our clients to see more,
know more, and do more, which help to answer all their most important
questions.
Contact:
Market
Research Future (Part of Wantstats Research and Media Private Limited)
99
Hudson Street, 5Th Floor
New
York, NY 10013
United
States of America
+1 628
258 0071 (US)
+44
2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website:
https://www.marketresearchfuture.com
Comments
Post a Comment