- 1321 Upland Dr. PMB 20205, Houston, Texas, 77043, US
- Time : Monday-Friday 09am-5pm
- Trophy Winning
- Ceritified ( ISO 9005-2010 )
Video Surveillance Market
Video Surveillance Market
Video Surveillance Market- By System Type, By Component, By Application, By Enterprise Size, and By Region- global Opportunity Analysis and Industrial Forecast- 2022-2030.
Video Surveillance Market Overview:
Video surveillance can be defined as the act of observing scenes or specific behaviours which are not proper. A video surveillance system can comprise of one or more cameras on a network which sends the captured audio or video information to a certain place. It helps to record criminals who steal any company property. It also helps the police in ensuing investigation. The global video surveillance market was valued at around USD 40.9 billion in 2022 and is expected to register a CAGR of 9.3% during the review period to reach to around USD 82.6 billion by end of 2030.
Video Surveillance Market Segmentation:
Based on system type, the video surveillance market has been segregated into analog surveillance, IP surveillance and hybrid surveillance. The IP surveillance segment accounted for the largest market share in global video surveillance market in 2022 and is expected to register significant growth during the review period. The segment growth can be attributed to its superior digital processing capabilities such as compression and motion detection. Increasing demand for video analytics is likely to propel the segment growth further. The hybrid surveillance segment is projected to grow at a healthy CAGR during the review period.
Based on component, the video surveillance market has been segmented into hardware, software and services. The hardware segment accounted for the largest market share in 2022 and is expected to grow at a significant CAGR during the review period. The hardware makes up to around 60% cost of a video surveillance system. Increasing demand for video surveillance system across geographies is expected to propel the market growth at a significant rate during the review period. The services segment is expected to grow at a considerable CAGR during the review period.
Based on enterprise size, the video surveillance market has been categorized into small enterprise, medium enterprise and large enterprise. The large enterprise segment accounted for the largest market share in 2022 and is expected to grow at a significant CAGR during the review period. The segment growth can be attributed to widespread usage of video surveillance systems in big enterprises due to rising incidences of theft and crime. The medium enterprise segment is projected to register substantial CAGR during the review period.
By application, the video surveillance market has been segmented into commercial, military & defense, infrastructure, residential, and others. The military & defense segment accounted for the largest market share in 2022. The segment growth can be attributed to increasing border tensions across geographies. The commercial segment is projected to witness fastest growth during the review period on account of increasing product adoption in various commercial buildings.
Video Surveillance Market Report Scope
|
Segmentation of the Global Video Surveillance Market,2022 – 2030 |
|
|
By System Type |
|
|
By Component |
|
|
By Enterprise Size |
|
|
By Application |
|
|
By Region |
|
Video Surveillance Market - Dynamics and Factors:
The growth of the global video surveillance market is primarily driven by widespread product adoption across verticals including IT &telecom, banking, financial services, and insurance (BFSI) and military & defense among others. Rising incidences of security breach, theft, forgery and crimes is likely to propel the market growth at a significant rate during the review period. Increasing number of small enterprises, complexes and malls is likely to boost the product demand substantially.
Growing adoption of thermal cameras due to fear of infection across vertical such as healthcare, schools, airports and police stations is likely to create lucrative opportunities for the players operating in the global video surveillance market during the forecast period.
Video Surveillance Market - Geographical Analysis:
By geography, the market has been segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. The market in North America accounted for the largest share in global video surveillance market in 2022 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to presence of established end-use industries such as banking, IT & telecom, healthcare and military & defense particularly in the US.
The market growth in Asia-Pacific region is expected to be driven by increasing adoption of video surveillance in various end-use industries. In addition to this, increasing investment in the development of smart city projects in the developing countries is likely to propel the video surveillance market growth significantly during the review period. Furthermore, rising number of start-ups in the regions is likely to add to the market growth substantially during the review period.
The European market is expected to grow at a considerable CAGR on account of high product adoption rate across verticals. Established presence of IT, banking & finance, and military & defense sector in the region is the key factor driving the market growth in the region.
The market in Latin America and the Middle East & Africa is expected to be driven by the growth of the key end-use industries coupled with growing digitalization and rising security concerns.
Key Market Segmentation
Global Video Surveillance Market, By System Type
o Analog Surveillance
o IP Surveillance
o Hybrid Surveillance
Global Video Surveillance Market, By Component
o Hardware
o Software
o Services
Global Video Surveillance Market, By Enterprise Size
o Small Enterprise
o Medium Enterprise
o Large Enterprise
Global Video Surveillance Market, By Application
o Commercial
o Military & Defense
o Infrastructure
o Residential
o Others
Global Video Surveillance Market, By Region
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Middle East and Africa
South America
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Widespread product adoption across verticals including IT &telecom, banking, financial services, and insurance (BFSI) and military & defense among others
4.2.2 Rising incidences of security breach, theft, forgery and crimes
4.3 Restraints
4.4 Opportunities
4.4.1 Growing adoption of thermal cameras due to fear of infection across vertical such as healthcare, schools, airports and police stations
4.5 Porter's Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Impact of COVID-19 on Global Infrastructure as a Service Market
5 Global Video Surveillance Market, By System Type
5.1 Introduction
5.2 Analog Surveillance
5.3 IP Surveillance
5.4 Hybrid Surveillance
6 Global Video Surveillance Market, By Component
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
7 Global Video Surveillance Market, By Enterprise Size
7.1 Introduction
7.2 Small Enterprise
7.3 Medium Enterprise
7.4 Large Enterprise
8 Global Video Surveillance Market, By Application
8.1 Introduction
8.2 Commercial
8.3 Military & Defense
8.4 Infrastructure
8.5 Residential
8.6 Others
9 Global Video Surveillance Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Rest of Asia-Pacific
9.5 Middle East and Africa
9.6 South America
10 Competitive Landscape
10.1 Introduction
10.2 Vendor Evaluation Criteria
10.3 Vendor Share Analysis, 2022
10.4 Recent Developments, 2022-2022
10.4.1 New Product Launches
10.4.2 Partnerships
10.4.3 Mergers or Acquisitions
10.4.4 Business Expansions
11 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Product Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.
11.1 Axis Communications AB
11.2 Panasonic System Networks Co. Ltd.
11.3 Honeywell Security Group
11.4 Bosch Security Systems Inc.
11.5 NICE System Ltd.
11.6 FLIR Systems Inc.
11.7 Zhejiang Dahua Technology Co. Ltd.
11.8 Hanwha Techwin Co. Ltd.
11.9 Pelco
11.10 Hangzhou Hikvision Digital Technology Co. Ltd.
11.11 Avigilon Corporation
12 Appendix
12.1 Discussion Guide
12.2 Customization Options
12.3 Related Reports
Key Market Segmentation
Global Video Surveillance Market, By System Type
o Analog Surveillance
o IP Surveillance
o Hybrid Surveillance
Global Video Surveillance Market, By Component
o Hardware
o Software
o Services
Global Video Surveillance Market, By Enterprise Size
o Small Enterprise
o Medium Enterprise
o Large Enterprise
Global Video Surveillance Market, By Application
o Commercial
o Military & Defense
o Infrastructure
o Residential
o Others
Global Video Surveillance Market, By Region
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Middle East and Africa
South America
Report ID: VBI60
----------------- Feb-2023
-----------------
Format: PDF/Excel
Choose license type
Quick contact
Get Solution
Organically grow the holistic world view of disruptive innovation via workplace diversity
Contact Us