DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Video Surveillance Market - Forecasts from 2016 to 2021" report to their offering.
Global Video Surveillance Market is projected to grow at a CAGR of 11.87% over the forecast period to reach a total market size of US$48.699 billion by 2021, from US$24.840 billion in 2015.
Video surveillance solutions are used by various end-use industries for control and regulation purposes, especially for detection of criminal and illegal offenses.
Advancement in high definition technologies and megapixel cameras, coupled with falling IT costs are driving the demand for global surveillance technology and devices. Growing need for security systems to thwart various security threats is further fuelling the demand for video surveillance systems. Rising global concern for terror attacks will boost the demand for hi-tech video surveillance devices and software over the next five years. However, falling prices will lead to a decline in overall revenues, despite growth in unit shipments.
Video Surveillance market has been segmented by components, end-use industry, and geography.
On the basis of components, the market is segmented as hardware (cameras, recorders, monitors and others), software and services.
By end-use industry, the global market for Video Surveillance has been segmented as retail and logistics, healthcare, military and defense, travel and transportation among others as a part of this report.
Key industry player profiles as part of this section are Bosch Security Systems, Honeywell Security Group, Geovision, Inc., and PELCO, Inc. among other companies.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Video Surveillance Market Forecast by Components (US$ billion)
6. Video Surveillance Market Forecast by End-Use Industry (US$ billion)
7. Video Surveillance Market Forecast by Geography (US$ billion)
8. Competitive Intelligence
9. Company Profiles
- Bosch Security Systems
- Honeywell Security Group
- Axis Communications
- Hikvision Digital Technology
- Infinova Corporation
- Avigilon Corporation
- Cisco Systems
For more information about this report visit http://www.researchandmarkets.com/research/bwnxrl/video