Surveillance Market 2019-2028

New Market Study, Report “Surveillance Market 2019 Global Industry Demand, Opportunities, Growth Drivers, Challenges, Strategies and Forecasts 2028” Has been Added on WiseGuyReports.com.

Report Summary:

Global Surveillance Market Growth with Increased Concern for Safety

This report provides in depth study of “Surveillance Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Surveillance Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

A surveillance system is used for monitoring and recording people’s behaviour and activities. The global surveillance market was valued at $36.89 billion in 2018 and is predicted to go up to $68.34 billion by 2023, at a CAGR of 13.1%.

Surveillance systems and video surveillance market are popularly used at airports, schools, office buildings, shopping malls, and other public places. In many such places, particularly airports, installing a surveillance system is mandated by the government for the protection of the public. For instance, in 2018, the US government installed 250 surveillance cameras in the city of New Orleans to reduce crime owing to the approaching carnival season. Many other cities in the US also have surveillance systems installed on the streets to reduce crime. These security procedures are a result of growing incidents of thefts, terrorist attacks, etc., which propels the surveillance market demand.

Manufacturers and public safety agencies are investing in advanced technologies to ensure the efficiency of these systems. Smart applications like the ability to securely connect radio networks to users carrying smartphones and other devices and use of video surveillance devices that can be worn to help provide better security are some factors that contribute to the market growth.

Surveillance systems can security camera be used in a private or public domain, especially in places where security is important, such as in highways, parks, transportation platforms, and financial & educational institutions. The main purpose of a surveillance system is for security and theft control.

The market growth might be limited due to the fact that video surveillance is opposed by activists and civil liberties groups that consider it as a violation of privacy.

Key Players:

Important Key Players Analysis: Hikvision, Dahua Technology, Axis Communications AB, Panasonic, Honeywell Security, Hanwha, United Technologies, Tyco, Bosch Security Systems, Pelco, Huawei Technologies, Siemens AG, Avigilon Corporation, Uniview, Flir Systems, Inc etc.

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Segmentation

The market can be segmented by system type, component, and application. Based on system type, the market segments include analogue surveillance, IP surveillance, and hybrid surveillance. 

On the bases of component, the market divisions are hardware, software, and services. The hardware segment has seen the most demand and includes categories like camera, monitor, storage, and accessories. The software includes video analytics and video management software, both of which have seen an increased demand in recent years.

The applications of surveillance systems are commercial, military & defence, infrastructure, and residential. Commercial and military & defence have the most market demand owing to the increased adoption of security measures in these places.

Regional Analysis

Geographically, the market can be segmented into North America, Europe, and the Asia Pacific. North America is the highest market contributor, followed by Europe. Government regulations, advanced infrastructure, and adoption of safety measures by commercial places result in the higher market demand. Asia-Pacific is an emerging market and has witnessed a rise in surveillance systems adoption in recent years. Latin America and Africa are also predicted to play a major role in market demand.

Industry News

Adoption of advanced technologies is the best way to get ahead of the competition. Market players have adopted strategies like mergers & acquisitions, collaborations, and partnerships to get a strong foothold in the market.

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Major Key Points From Table Of Content:

1 Surveillance Market Overview
2 Surveillance Market Segment Analysis by Player
3 Surveillance Market Segment Analysis by Type
4 Surveillance Market Segment Analysis by Application
5 Surveillance Market Segment Analysis by Sales Channel
6 Surveillance Market Segment Analysis by Region
7 Profile of Leading Surveillance Players
7.1 Hikvision
7.1.1 Company Snapshot
7.1.2 Product/Business Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.1.4 Strategy and SWOT Analysis
7.2 Dahua Technology
7.1.1 Company Snapshot
7.1.2 Product/Business Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.1.4 Strategy and SWOT Analysis

and more

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