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Global $60+ Billion Opportunities in the Video Surveillance Market to 2023: Integration of Video Surveillance with Technologies, such as Drones, and Body-worn Cameras

/EIN News/ -- Dublin, Jan. 03, 2018 (GLOBE NEWSWIRE) -- The "Global Video Surveillance Market Analysis and Forecast (2017-2023) - Focus on Ecosystem (Camera, Monitor, Storage, Software and Service) and Application (Infrastructure, Commercial, Residential, Industrial, Institutional and Others)" report has been added to Research and Markets' offering.

The report presents a detailed market analysis including an in-depth analysis of the market drivers, opportunities, challenges, and growth trend mapped across equipment, software, services, application, and geographies. The market is segmented on the basis of ecosystem (cameras, monitors, storage and software), application areas and geographical regions.

The rising security concerns, along with the need for highly efficient, time-saving surveillance systems at affordable costs, is one of the pressing matters to be looked upon in the current scenario. The effort to deliver such solutions, along with the growing application across various verticals, is acting as one of the major drivers for the video surveillance industry.

The increasing demand for Video Content Analytics (VCA) and Video Surveillance as a Service (VSaaS), incorporation of artificial intelligence in video surveillance systems, increasing demand of intelligent transportation systems, and integration of surveillance with technologies such as drones and body-worn cameras have been identified as the key opportunities that could escalate the market growth in the coming years.

However, lack of standardization, high initial costs, and threat to data integrity continue to remain the pain points of the market. Moreover, the reduction in the cost of cloud storage solution has surfaced as a key opportunity for service players in the video surveillance market.

Since the last decade, video surveillance systems have penetrated a plethora of application areas including parks, stadiums, hospitals, retail outlets, bank, and institutions among others. The report provides an exhaustive application analysis including the market statistics for different verticals such as commercial, infrastructure and others and enumerates various use cases with a futuristic roadmap for each industry vertical.

Key questions answered in the report

  • What will be the global video surveillance market value by 2023 along with the estimated CAGR?
  • What are the driving factors for the global video surveillance market through 2017 to 2023?
  • Which factors are impeding the growth of the global video surveillance market?
  • How will IP cameras surpass the demands of analog video surveillance systems in the next two years?
  • Which storage technology will prove to be the most cost-efficient for video surveillance systems?
  • What is the importance of software in video surveillance systems?
  • Which application will dominate the global video surveillance application market by 2023?
  • Which region will lead the global video surveillance market by 2023?

Key Topics Covered:

Executive Summary

1 Report Scope & Methodology
1.1 Scope of the Report
1.2 Video Surveillance Market Research Methodology

2 Market Dynamics
2.1 Market Drivers
2.1.1 Reduced Reliance on Physical Security
2.1.2 Government Initiatives to Improve Public Safety
2.1.3 Increased Demand for IP Cameras as a Result of the Ubiquity of the IoT
2.1.4 Increased Processing Speed due to the Development of System on Chips (SoC)
2.2 Market Restraints
2.2.1 Privacy Issues and Threat to Data Integrity
2.2.2 Demand for Higher Bandwidth and Stronger Network Connection
2.2.3 Burden of Data Storage for Government Agencies
2.3 Market Opportunities
2.3.1 Increasing Demand for VSaaS and VCA
2.3.2 Artificial Intelligence in Video Surveillance
2.3.3 Increasing Demand for Intelligent Transportation Systems
2.3.4 Integration of Video Surveillance with Technologies, such as Drones, and Body-worn Cameras

3 Competitive Insights
3.1 Key Strategies and Developments
3.2 R&D Analysis
3.3 Leading Players' Analysis
3.4 Market Share Analysis

4 Global Video Surveillance Market Breakdown by Ecosystem
4.1 Assumptions and Limitations
4.2 Market Overview
4.3 Global Video Surveillance Market Breakdown, by Ecosystem
4.3.1 Camera Market Overview
4.3.1.1 Camera Market by Technology
4.3.1.2 Camera Market, by Product Type
4.3.1.3 Camera Market, by Application
4.3.1.4 Camera Market, by Region
4.3.2 Monitor Market Overview
4.3.3 Storage Market Overview
4.3.4 Software Market Overview
4.3.5 Service Market Overview

5 Global Video Surveillance Market Breakdown, by Application
5.1 Market Overview
5.2 Infrastructure
5.3 Commercial
5.4 Residential
5.5 Industrial
5.6 Institutional
5.7 Others

6 Global Video Surveillance Market Breakdown, by Region

7 Company Profiles

  • Avigilon Corporation
  • Axis Communications AB
  • Bosch Security Systems
  • Canon
  • Cisco Systems, Inc
  • Dahua Technology Co., Ltd
  • FLIR Systems, Inc
  • Hangzhou Hikvision Digital Technology Co., Ltd
  • Hanwha Techwin CO., LTD
  • Honeywell Security
  • Johnson Controls International PLC
  • Panasonic Corporation
  • Pelco
  • The Infinova Group
  • Verint Systems Inc

For more information about this report visit https://www.researchandmarkets.com/research/5hn6bb/global_60?w=12



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         Related Topics: Software, Video Surveillance 

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