|
(Wireless-NewsWire.Com, March 02, 2018 ) The market for the commercial sector is expected to grow at the highest CAGR during the forecast period 2016 to 2025. The high demand for security systems in large and small retail businesses, financial institutions and banks to provide security to the buildings, maintain cash management, and monitor customers and staff activities. This enhances security parameters and drives the surveillance system market for the commercial sector.
Video surveillance is monitoring of activities through video cameras, helping in capturing video images. Increasing demand and concern for security has resulted in the increase in the use of Video surveillance. It is mostly used by the organizations for prevention and investigation on crime. Surveillance may not only be performed indirectly but may be stored, evaluated and repeated as often as necessary.
Video surveillance is often opposed by few as it hampers the privacy and sometimes can put public safety at risk. The rising adoption of surveillance systems by the public and private sectors coupled with the growing need for security are the key factors driving the global video surveillance market. The increased maintenance cost of existing surveillance system and the change in technology is leading to video imaging of everything. Also, decrease in the prices of cameras and other video surveillance equipment is creating a demand for the system.
FREE |Request Sample Copy is Available at http://www.reportsweb.com/inquiry&RW00020404/sample
The video surveillance market is expecting growth in the coming years; especially due to rising instances of crimes .Previously, global video surveillance was only used by government and law enforcement entities but now it is used widely by businesses and everyday consumers including retail, banking, education and transportation. It can also be used for control and regulation purposes. The change in the quality, price, maintenance and installation of the devices increased the market and consumer demands.
Global Video Surveillance Market Players:
- Bosch Security Systems
- Honeywell Security Group
- Axis Communications AB, Ltd.
- Hangzhou Hikvision Digital Technology Co., Ltd.
- FLIR Systems Inc.
- Panasonic System Networks Co., Ltd.
- Zhejiang Dahua Technology Co.
- Avigilon Corporation
- Samsung Techwin Co., Ltd.
- Nice Systems, Limited
- PELCO (by Schneider Electric)
- Infinova Corporation.
The integration of cloud services i.e. video surveillance as a service (VSaaS) plays an integral role in the video surveillance system. Video analytics and video management software form the software components for the video surveillance system. In addition, the use of algorithms and neural networks in the biometric surveillance system further add to the software components for video surveillance systems. It is expected that the advancement in networking services and software technologies will increase the use of video surveillance in the near future.
The global video surveillance market is segmented on the basis of components into hardware, software and services. The global video surveillance market is further segmented into end-user industries that include infrastructure, commercial, institutional, defense, industrial and residential among others. The global video surveillance market is bifurcated on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa.
The video surveillance market is expected to be dominated by the APAC region owing to a rapid adoption of new technologies. The primary reason attributable to this growth is the rapid adoption of technologies such as cloud services, analytics and security systems to protect infrastructure and economy from terror attacks and criminal activities. Furthermore, reduction in IP cameras prices and the overall hardware associated with video surveillance systems is expected to bolster the video surveillance market in this region.
Complete Report is Available at http://www.reportsweb.com/video-surveillance-market-to-2025
About ReportsWeb:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
|
