Industry Background:
A Hybrid video surveillance system is a surveillance system that captures images and videos, which can be compressed, stored, or sent over communication networks. It can be used in any environment. Security and surveillance are required for all organizations worldwide. Governments, enterprises, financial institutions, and healthcare organizations are expected and required to have a certain level of security and monitoring measures.This growth is primarily driven by Increasing Adoption of IP and Hybrid Surveillance Cameras Across Various Enterprise and Growing Preferences towards Wireless and Spy Cameras.
Globally, a noticeable market trend is evident Technological Advancement in Cloud Services and Internet of Things. The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Hanwha Techwin America (United States), Avigilon Corporation (Canada), FLIR Systems (United States), Panasonic i-PRO Sensing Solutions (United States), Pelco (United States), CP PLUS (India), Genetec (Canada), Huawei Technologies (China) and NEC Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2021, March Networks, global video surveillance and video-based business intelligence leader, launched X-Series Hybrid Recorders, a new high-performance platform that’s optimized to support Artificial Intelligence (AI) applications with NVIDIA system-on-chip (SoC) technology. It is a true hybrid platform supporting a mix of analog, HD analog, and IP channels with all the power and storage capacity needed for demanding all-IP installations.
Market Drivers
- Increasing Adoption of IP and Hybrid Surveillance Cameras Across Various Enterprise
- Growing Preferences towards Wireless and Spy Cameras
Market Trend
- Technological Advancement in Cloud Services and Internet of Things
Restraints
- High Costs involved in Installations and Maintenance
Opportunities
Rising Need Regarding Security and Public Safety in Smart City Projects and Integration Of VSaaS with Access Control and Alarm Systems Fetch Opportunities
Challenges
Requirement of Skilled Personnel for the Operation
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Hybrid Video Surveillance Study Sheds Light on
The Hybrid Video Surveillance Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Hybrid Video Surveillance industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Hybrid Video Surveillance industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.