DUBLIN--(BUSINESS WIRE)--The "Video Surveillance Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The video surveillance market is anticipated to grow at a CAGR of 15.88% during the forecast period to reach a market size of US$82.137 billion by 2025, increasing from US$33.928 billion in 2019.
The video surveillance market is an extremely competitive market with large number of suppliers catering to the demand of video surveillance solution globally. It is used for monitoring the activity of individuals over an area. The conventional method of surveillance involves using the manual labor which is relatively inefficient. As such, the video surveillance solutions are a relatively affordable and more effective method of surveillance as compared to the conventional method which is pushing the growth of the market. Moreover, the customer base is fragmented as it is required across the industry verticals globally.
- Bosch Security Systems
- Honeywell International, Inc.
- Axis Communication AB
- Geovision Inc.
- Canon Inc.
- Johnson Controls
- Infinova Corporation
- Motorola Solutions, Inc.
Rising number of criminal activities is driving the video surveillance market.
Video surveillance solutions are used for monitoring the activities of the individuals over a prescribed area. Rising security threats owing to increase in criminal activities is a major factor responsible for the continuous adoption of the video surveillance solutions globally. Simultaneously, the availability of unmanned drones that can provide comprehensive surveillance solutions has been growing, therefore, pushing the growth of the video surveillance market. Moreover, their ability to reduce the cost of monitoring as compared to the traditional methods is further fueling the growth of the market.
Healthcare applications provide good growth opportunities.
Video surveillance is used for several applications in the healthcare settings including the safety of patients' records and identities, ensuring safety and health standards by the staff, preventing intruders from gaining access to restricted areas, deterring vandalism, and remote monitoring from either a smartphone or a tablet among many others. Video surveillance solutions are used in clinics, private practices, hospitals, pharmacies and clinics. The companies provide various services such as advanced project consulting, wireless network design, installation support, configuration and security evaluations among others.
The major factors driving the demand for video surveillance solutions in various healthcare settings are stringent government regulations and effective monitoring by the hospital staff among others. Developed regions make use of video surveillance solutions to comply with strict government regulation and safety concerns. There is an emerging trend of adopting intelligent video surveillance solutions due to the increased efficacy and long-term cost-effectiveness. In addition, increasing number of hospitals and other healthcare facilities will boost the demand for video surveillance solutions over the forecast period.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Video Surveillance Market Analysis, by Component
18.104.22.168. By type
22.214.171.124. By Connectivity
5.2.4. Audio System
6. Video Surveillance Market Analysis, by End-User
6.2.1. Enterprise and Data Centers
6.2.2. Banking and Financial Buildings
6.2.3. Hospitality Centers
6.2.4. Retail Stores and Malls
6.3.2. City Surveillance
6.3.3. Public Places
6.4. Military & Defense
6.4.1. Prison and Correction Facilities
6.4.2. Border Surveillance
6.4.3. Coastal Surveillance
6.6. Public Facility
6.6.1. Healthcare Buildings
6.6.2. Education Buildings
6.6.3. Government Buildings
6.6.4. Religious Buildings
7. Video Surveillance Market Analysis, by Geography
7.2. North America
7.3. South America
7.5. Middle East and Africa
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/63mmyw