Video Surveillance Market by System, Offering (Hardware (Camera, Storage Device, Monitor), Software (Video Analytics, Video Management System) & Service (VSaaS)), Vertical (Commercial, Infrastructure, Residential), and Geography – Global Forecast to 2025

2020-04-08
Price :
Published : Apr-2020
No. of Pages : 187

“Video surveillance market projected to grow at a CAGR of 10.4% during 2020–2025.”

The global video surveillance market size is expected to grow from USD 45.5 billion in 2020 to USD 74.6 billion by 2025, at a CAGR of 10.4%. Increasing concerns about public safety and security, growing adoption of IP cameras, and rising demand for wireless and spy cameras are the factors driving the growth of the video surveillance industry. However, violation of privacy is a major restraint.

Growing government and stakeholder funding for developing smart cities and employing city surveillance solutions, rising demand for VSaaS services, ongoing technological advancements in Big Data, IoT, and cloud-based services, and increasing trends of artificial intelligence and deep learning for video surveillance systems will provide opportunities to players in the video surveillance market during the forecast period.

“Based on the system, the IP video surveillance system market to grow at the highest CAGR during the forecast period”

The growth of the IP video surveillance systems market is mainly due to the shift from analog to IP systems. The key advantages of IP systems include enhanced image quality, high scalability, easy installation, and remote accessibility with network-based models. These systems provide the basic platform for software such as video analytics, VMS, and cloud storage, among others. The market for IP video surveillance systems is expected to grow at a rapid pace in the near future owing to technological advancements in IP cameras as well as in the storage device industry. The declining prices of IP cameras and IP surveillance systems have also contributed to the increasing applicability of these systems in the commercial vertical, which includes enterprises and data centers, retail stores and malls, and banks and financial buildings.

 “Based on offering, the software market is expected to grow at a high rate from 2020 to 2025.”

The software mainly includes video analytics and video management system. Adoption of artificial intelligence (AI) and deep learning are major factors that are contributing to the growth of the software market. AI for video surveillance uses machine learning algorithms to monitor and analyze images, videos, and data recorded from video surveillance footage. It is also capable of analyzing the behavioral movements of human beings, vehicles, and other objects and can prevent potential attacks. With the help of machine-based vision, AI can store the data and trigger alerts to the respective individuals and authorities for the recognition of threats. AI is also used in crowd management, retail management, license plate recognition, and many more applications related to the video surveillance market.

 “APAC video surveillance to grow at significant CAGR during the forecast period”

Rising security concerns, increasing spending on security equipment from the various countries, growing adoption of IP cameras for various applications such as enterprises, retail, banking & finance, transportation, and city surveillance is the major driving factor for the market. City surveillance is a prominent application in the APAC market. Cities need innovative solutions to overcome long-term challenges such as controlling traffic flows, controlling security breaches, and managing city surveillance owing to rapid urbanization.

Governments in developing economies, including China and India, are focusing on developing smart cities, through huge government and stakeholder funding, to curb the long-term challenges arising from growing urbanization. Video surveillance can be used efficiently for traffic monitoring, operations monitoring, law enforcement, vandalism deterrence, and remote and mobile monitoring applications.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the video surveillance market space. The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
  • By Designation: C-level Executives – 35%, Directors – 40%, and Others – 25%
  • By Region: North America – 30%, Europe – 18%, APAC – 45%, and RoW – 7%

The report profiles key players in the global video surveillance market with their respective market ranking analysis. Prominent players profiled in this report are Hikvision (China), Dahua Technology (China), Axis Communications (Sweden), Bosch Security and Safety Systems (Germany), Hanwha Techwin (South Korea), Avigilon, a Motorola Solutions Company (Canada), FLIR Systems (US), Honeywell Commercial Security (US), Panasonic i-PRO Sensing Solutions (US), Pelco (US), Agent Video Intelligence (US), CP Plus (India), Genetec (Canada), Huawei Technologies (China), NEC (Japan), Nice Systems (Israel), Qognify (US), Tiandy Technologies (China), VIVOTEK (Taiwan) and Zhejiang Uniview Technologies (China).

The study includes an in-depth competitive analysis of these key players in the video surveillance market, with their business overview, recent developments, and key market strategies for leaders.

Research Coverage:

This research report categorizes the global video surveillance market by system, offering, vertical, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the video surveillance industry and forecasts the same till 2025. Also, the report consists of a market ranking analysis of key players operating in the video surveillance market.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:

  • This report segments the video surveillance market comprehensively and provides the closest market size projection for all sub segments across different regions.
  • The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
  • This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes market ranking analysis of major players, product launches, partnerships and collaborations, agreements, and acquisitions.
Filed in: Semiconductor & Electronics
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Optical Interconnect Market by Product Category (Cable Assemblies, Connectors, Optical Transceivers), Interconnect Level, Fiber Mode, Data Rate, Distance, Application (Data Communication, Telecommunication), Region – Global Forecast to 2025

“The optical interconnect market is projected to grow at CAGR of 13.7% from 2020 to 2025.” The optical interconnect market is projected to grow from USD 9.0 billion in 2020 to USD 17.1 billion by 2025; it is expected to grow at a CAGR of 13.7% from 2020 to 2025. Key factors fueling the growth of this market include the rise in the global deployment of data centers and surge in the global adoption of cloud computing, big data analytics, and IoT. However, high deployment costs of optical interconnects are expected to hinder the growth of the market. “The 41 Gbps to 100 Gbps data rate segment held the largest share of the optical interconnect market in 2019.” The 41 Gbps to 100 Gbps segment of the optical interconnect market is projected to grow at the highest CAGR from 2020 ......
$4950

Micro-LED Market by Application (Display (Smartwatch, NTE Device (AR HMD, VR HMD), Smartphone, Television, HUD, Digital Signage, Laptop and Monitor, Lighting (General, Automotive), Display Panel Size, Vertical, and Region – Global Forecast to 2026

 “Growing demand for brighter and more power-efficient display panels is driving growth of micro-LED market” The global micro-LED market size is estimated to grow from USD 409 million in 2020 to USD 18,835 million by 2026, at a CAGR of 89.3% between 2020 and 2026. The most significant factor driving the growth of this market is the growing demand for brighter and more power-efficient display panels for smartwatches, mobile devices, and AR/VR devices. “High penetration of micro-LED-based products in display panel market” The display panel market is huge, and many leading industry players are working on optimizing the existing display technologies such as LED, LCD, OLED, quantum dot LED, and e-paper. Samsung is pursuing quantum dot LED and OLED, while LG Display is focusing......
$4950

Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), License Type (Unlicensed, Fully Licensed), Application (Mobile and Telecom, Automotive), Component, Frequency Band, and Region – Global Forecast to 2025

“The millimeter wave technology market is projected to grow at CAGR of 26.4% from 2020 to 2025” The global millimeter wave technology market size is estimated to grow from USD 1.0 billion in 2020 to USD 3.4 billion by 2025, at a CAGR of 26.4%. An increase in mobile and broadband speeds is one of the main factors driving the growth of the millimeter wave technology market. “The market for antenna & transceiver components is projected to grow at the highest CAGR during the forecast period” The antennas & transceivers segment is projected to grow at the highest CAGR of the millimeter wave technology market, by component. One of the important factors for the dominance of these components is the wide adoption in telecom and consumer electronics applications. With the h......
$4950

Valve Controller Market by Type (Traditional and Digital Valve Controller), Digital Valve Controller Communication Protocol, End-use Industry (Oil & Gas, Energy & Power, Water & Wastewater Treatment), and Geography – Global forecast to 2025

“The valve controller market is projected to register a CAGR of 3.7% from 2020 to 2025.” The valve controller market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.2 billion by 2025. It is expected to register a CAGR of 3.7% during the forecast period. The rising importance of monitoring and controlling in the process industries for improved efficiency, increasing demand for fuel and power, growing need for a connected network to maintain and monitor various equipment in plants, and surging focus on establishing new nuclear plants and upscaling of the existing ones are the key driving factors for the valve controller market. The introduction of IIoT & industry 4.0, the need for valve replacement, and adoption of smart valves to offer improved custom......
$5650

Grow Lights Market by Offering (Hardware, and Software & Services), Installation Type (New and Retrofit), Application (Commercial Greenhouses, Vertical Farming, Indoor Farming, and Others), Lighting Type, Watt, and Geography – Global Forecast to 2025

“The grow lights market is projected to reach USD 2.5 billion in 2025 from USD 1.0 billion in 2020, at CAGR of 19.9%.” Major factors influencing the grow lights market’s growth are the increasing adoption of indoor farming in urban areas; ongoing government initiatives to support energy-efficient lighting; the growing need for long-lasting, energy-efficient, and economical grow lights; the emerging trend of farm-to-table concept. Further, the rise of vertical farms, technological advancements in LED grow lights, the legalization of cannabis in different countries including the US, and the emergence of horticulture lighting software and calculator will create opportunities for the grow lights market. The major restraint for the market is the high setup and installation costs. The l......
$4950

Sensor Patch Market by Product (Temperature, Blood Glucose, Blood Pressure, Heart Rate, ECG, & Blood Oxygen), Application (Monitoring, Diagnostics), Wearable Type (Wristwear, Neckwear, Bodywear), End-user Industry, and Region – Global Forecast to 2025

“Sensor patch market to grow at 40.5% CAGR from 2020 to 2025” The overall sensor parch market is expected to grow from USD 1.2 billion in 2020 to USD 6.4 billion by 2025, at a CAGR of 40.5%. The growth of this market is mainly driven by the rising demand for portable medical devices and wearable sensors, increasing elderly population, and the growing number of applications of sensor patches to monitor glucose level. The growing adoption of telehealth and advancements in wearable solutions and digital technologies provide major opportunities for the growth of the sensor parch market. However, regulatory issues and Health Insurance Portability and Accountability Act (HIPAA) compliances restrain the market growth. “Diagnostics application to hold largest share of sensor patch mark......
$4950

Data Acquisition (DAQ) System Market by Offering (Hardware and Software), Speed (High Speed (>100 KS/S), Low Speed (<100 KS/S)), Application (R&D, Field and Manufacturing), Vertical, and Region - Global Forecast 2025

“DAQ system market expected to grow at a CAGR of 5.3% from 2020 to 2025” The global DAQ system market size is estimated to grow from USD 1.8 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 5.3%. The major driving factors of the DAQ system industry are the increasing implementation of Industry 4.0 across aerospace and automotive sectors, technological advancements and flexibility of DAQ systems, and a growing emphasis on data monitoring. Recent advancements in high-speed connectivity applications, such as 4G and 5G, and growing demand for automated DAQ systems have increased the scope for DAQ systems in end-user sectors. “DAQ system hardware is expected to continue to hold the largest market share during the forecast period” DAQ hardware is an interface between the......
$4950

Battery Market for IoT by Type, Rechargeability, End-use Application, and Geography – Global Forecast to 2025

“Battery market for IoT is expected to grow at CAGR of 11.6% from 2020 to 2025” The global battery market size for IoT is estimated to grow from USD 9.2 billion in 2020 to USD 15.9 billion in 2025; growing at a CAGR of 11.6% from 2020 to 2025. The major factors driving the growth of the market are multi-fold rise in the use of IoT and increase in the adoption of IoT-enabled devices, increase in global demand for wireless communication, surge in R&D activities to develop advanced, flexible, and thin batteries, and rise in demand for thin and flexible batteries used in IoT-enabled devices. However, high upfront costs involved in the development of thin and flexible batteries, and the ecological implications of the disposing of battery wastes hinder the growth of the market. Lit......
$5650

Servo Motors and Drives Market by Offering (Hardware, Software and Services), Product Type (Servo Motors, Servo Drives), System, Voltage, Communication Protocol, Brake Technology, Material of Construction, Industry, and Region – Global Forecast to 2025

“Servo motors and drives market is projected to grow at CAGR of 4.0% from 2020 to 2025” The servo motors and drives market is projected to grow from USD 13.9 billion in 2020 to USD 16.8 billion by 2025; it is expected to grow at a CAGR of 4.0% from 2020 to 2025. The key factors fueling the growth of this market include the growing automation in factories, rising adoption of international standards for motor efficiency, development of user-friendly motion control libraries and packages for motors and drives, and increasing production of vehicles. “Software and services segment is projected to grow at a higher CAGR from 2020 to 2025”         The software and services segment of the servo motors and drives market is projected to grow at a higher CAGR from 2020 to 2025......
$4950

Industrial Control and Factory Automation Market by Solution (SCADA, PLC, DCS, MES, PLM, PAM, Functional Safety), Component (Industrial Robots, Industrial 3D Printing, Control Valves, Machine Vision, HMI), Industry, and Geography – Global Forecast to 2025

“The industrial control and factory automation market to exhibit significant growth from 2020 to 2025” The global industrial control and factory automation market size is expected to grow from USD 151.8 billion in 2020 to USD 229.3 billion by 2025, at a CAGR of 8.6%. The growth of the industrial control and factory automation market in China can be attributed to an increase in labor wages and the presence of a large number of automobile manufacturing plants in the country. The market in North America is projected to witness growth owing to the rising adoption of industrial control and factory automation technologies in different industries to automate their different processes The companies in the US have consolidated their production and increased their focus on operational expendi......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy