World Video Surveillance System Sector Analysed by Daedal Research in In-demand Report Published at MarketPublishers.com09 Mar 2016 • by Natalie Aster
LONDON – The video surveillance system market has become part and parcel of the worldwide economy owing to increasing awareness about safety and security. The industry encompasses surveillance cameras that are utilised for exercising control over the areas. By virtue of the technological developments, today there are high-resolution cameras that have a higher quality and long-distance transmissions.
The global market for video surveillance systems demonstrated a considerable annual growth rate in 2015 if compared to the previous year; and the market is forecast to record tremendous growth through to 2020. The network video surveillance systems represent the dominant segment of the market.
The major growth drivers for the video surveillance system market comprise the rapid development Internet of Thing (IoT) market, fast-paced urbanisation, surging demand for video analytics, advent of e-traffic and smart parking lot systems, mushrooming global population, the rise of smart cities, increasing crime and theft rates globally, and an upsurge in international terrorism. However, the market is also facing certain challenges such as regulatory issues, hampering of privacy, instability worldwide, and not ideal trading environment, among others.
The competition in the global video surveillance system market is severed and led by such major as Hikvision Digital Technology Co. Ltd. Other prominent market players are Dahua Technology Co. Ltd. and Axis Communication AB.
In-demand report “Global Video Surveillance System Market with Focus on Equipments: (2016-2020)” elaborated by Daedal Research provides an all-round analysis of the world’s video surveillance system market space. It offers a thorough analysis of market size and growth (by value and volume), market share and economic clout of the industry. A granular analysis of front-end and back-end video surveillance system products is included. Further, the report provides region-wise and country-level market analysis covering China, the USA and Europe, which features market sizing by value and volume alongside the dominant players operating in the pertinent country. The research report evaluates the major opportunities in the market and throws light on the factors that are and will likely be driving the industry’s growth moving forward. The study also offers forecasts of the overall video surveillance system market till 2020. Furthermore, the report reviews the competition in the video surveillance system industry and profilesthe top 3 players, covering their financials and business strategies.
Global Video Surveillance System Market with Focus on Equipments: (2016-2020)
Published: February, 2016
Price: US$ 1,500.00
More reports by the publisher are available at Daedal Research page.