Zaslal: čt 21. prosinec, 2023 11:30 Předmět: Video Surveillance Market Revenue Analysis & Region and
The global Video Surveillance Market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities of Video Surveillance Market. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration of Video Surveillance Market.
The video surveillance market size reached USD 43.90 Billion in 2021 and is expected to register a revenue CAGR of 10.9 % during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of body-worn cameras across various industries such as healthcare and retail is one of the key factors driving market revenue growth. Body-worn cameras are widely used by security forces and law enforcement agencies, which has led to acceptance in other areas such as healthcare and retail. Body-worn cameras provide significant advantages, including improving customer relations, enhancing employee security, and preventing suspicious actions. Employees may record actual events and submit real-time threat warnings and alerts to security authorities using a body-worn camera. Increasing integration of machine learning and deep learning techniques in video surveillance software is expected to boost revenue growth of market. Machine learning and deep learning techniques are widely used for pattern analysis in surveillance. Machine learning's ability to facilitate video analytics and minimize algorithm calibration leads to a significant breakthrough in future usage of video surveillance software.
However, outbreak of COVID-19 is expected to hamper market revenue growth to some extent during the forecast period. China is regarded as a significant source for video surveillance equipment manufacturing. Due to COVID-19 outbreak, import and export activities were disrupted. In addition, as every country is now focusing on containing the pandemic, local demand for this technology is anticipated to decline. It would impact cross-border and domestic video surveillance system transportation and logistics, such as system-on-chip devices and Complementary Metal Oxide Semiconductor (CMOS) sensors.
End-Use Verticals Outlook (Revenue: USD Billion; 2017-2027)
Public Facility
Commercial
Military & Defense
Residential
Industrial
Others
Component Outlook (Revenue: USD Billion; 2017-2027)
Hardware
Camera
Monitor
Storage
Accessories
Software
Video Analytics
Video Management Software
Services
Video Surveillance-as-a-Service
Installation, Demo & Maintenance Services
Customer Type Outlook (Revenue: USD Billion; 2017-2027)
B2B
B2C
Geographical Analysis:
The report offers a comprehensive analysis of the current growth prospects for the regional segments of the Video Surveillance market. It further gauges their revenue share for the forecast period. Furthermore, the report analyzes the year-on-year growth rate of the market in these regions for the forecast period. The leading geographic regions covered in this report are as follows:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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