About Video Security and Surveillance Equipment
Video security and surveillance equipment are highly adopted as businesses or industries are looking at individual safety and security as the highest priorities. The rapidly growing development and increased awareness about security and safety have led end-users to adopt the latest and most intelligent video surveillance system. Other than the corporates, increased installation of surveillance systems in the residential areas or co-operative societies to keep watch on entry & exit and monitor scenarios or activity will boost the market in the nearer future. Some of the manufacturers provide customized video surveillance devices according to the specific requirement of clients, which will increase competition in the global market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions in order to maintain their presence in the market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Video Security and Surveillance Equipment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tyco International (Ireland), Honeywell International (United States), NEC Corporation (Japan), Cisco Systems (United States), Robert Bosch (Germany), Johnson Controls (Ireland), STANLEY Security (United States), Sony Corporation (Japan), Panasonic (Japan), Arlo Technologies (United States), Dallmeier (Germany), Avigilon (Canada), AV Costar (United States), D-Link (Taiwan), Axis Communications (Sweden), Hikvision (China) and Teledyne Technologies (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Video Security and Surveillance Equipment market by , Application (Residential, Commercial, Industrial and Public & Religious Places) and Region.
On the basis of geography, the market of Video Security and Surveillance Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Small & Medium will boost the Video Security and Surveillance Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Video Security and Surveillance Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Surveillance Cameras will boost the Video Security and Surveillance Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Technological Advancements and Emerging Trends of AI-based Video Surveillance Systems
Market Growth Drivers:
Increased Installation of Video Surveillance Systems in the Corporates and Public Places to Protect Assets and People, Rising Terrorist Attacks and Crimes at Public Places like Airports, Railway Stations, Malls, Etc. Will Boost the Adoption and Growing Popularity of Wireless Come CCTV Cameras for the Application in Restaurants, Casinos, Museums, Etc.
Challenges:
Lack of Control or Limits on Public Cameras and Misuse of Video Information and Issues Regarding Technology Upgradation and Legal Issues with CCTV Cameras
Restraints:
Privacy Issues and High Costs Associated with Technologically Advanced Video Surveillance Systems
Opportunities:
Government Initiatives to Create Smart Cities and Deployment of CCTV Cameras to the Roads and The Inclination Towards the HD-quality Surveillance Cameras with 360 Degree or Infrared Vision
In 2021, Prosegur Security launched its new portable video surveillance solution for buildings and parking lots. The solution combines four HD surveillance cameras, advanced video analytics, a loudspeaker, strobe lights, and wireless connectivity in one unit. The new solution is easy to install and widely used to protect the interiors and exteriors of buildings, as well as parking lots, storage yards, and other properties. and In 2020, Hero Electronix, a Hero Group company introduced its new Qubo Smart outdoor security camera with AI-enabled features. The newly launched camera is weather-resistant and includes advanced features like face mask detection and has a 3MP image sensor that supports night vision and helps monitor for intruders in the dark.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Video Security and Surveillance Equipment Manufacturers, Video Security and Surveillance Equipment Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.