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Video Surveillance Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The market is anticipated to reach USD XX Billion by the end of 2024. The latest trend gaining momentum in the market is introduction of technology advanced in video surveillance such as cyber security, deep learning analytics, security drones, and the diversification of Chinese video surveillance equipment manufacturers are just some of the trends anticipated to drive the market in near future. To get more details: https://www.goldsteinresearch.com/report/video-surveillance-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024<br>
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Global Video Surveillance Market Outlook Global Video Surveillance Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India Report Code :CR 1335 www.goldsteinresearch.com +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Video Surveillance Market Size (USD Billion) & Growth Analysis Global Video Surveillance Market Size (USD Billion)-2016-2024 Sample Request Sample Source: Goldstein Research • Video Surveillance Marketis anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The market is anticipated to reach USD XX Billion by the end of 2024. The latest trend gaining momentum in the market is introduction of technology advanced in video surveillance such as cyber security, deep learning analytics, security drones, and the diversification of Chinese video surveillance equipment manufacturers are just some of the trends anticipated to drive the market in near future. • Analog surveillance system holds the highest adoption rate in various developing countries such as Vietnam; however, IP video surveillance takes up the largest segment in terms of revenue and market share. Evidently, lower price is the key factors driving the overall demand of analog surveillance systems. Wider acceptance and deployment of analog systems provide high-end analog cameras with prominent imaging quality promising edge in the market. • Further, among individual national markets, the fastest gains are expected in India and China, both of which will generate double-digit annual growth through 2018. Additionally, Mexico, South Africa, and Turkey will all post annual gains of at least XX%. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Video Surveillance Market Outlook Global Video Surveillance Market Share(%), By Surveillance System -2016 Global Video Surveillance Market Size USD (Billion). 2016-2024 XX% CAGR: (2016-2024) Sample Source: Goldstein Research Source: Goldstein Research In 2016,Hardware Solutions segmentaccounted for the highest market share XX% in Global Video SurveillanceMarket WithXX%share in 2016, North America dominated the Global Video Surveillance market Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/video-surveillance-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024 Browse Similar Report: India Video Surveillance Market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Video Surveillance Market Outlook • The global Video Surveillance market is registering an impressive growth of XX% in 2016 and all the four regions Americas, Asia-Pacific, Europe, Middle East and Africa demonstrating positive growth prospects. North America stood as the largest video surveillance market in 2016, with a video surveillance market size valued at USD XX billion. • Asia Pacific is the most opportunistic market for the growth of video surveillance market in the Asian countries such as China, India Japan and Singapore. China accounted for sales of USD XX billion in 2016. China is witnessed to have huge research & development of advanced technology used in the video surveillance. • World demand for security equipment will increase XX percent annually to USD XX billion in 2018. The fastest gains will be in parts of Asia, Central and South America, Africa, and the Middle East, where security markets are relatively underdeveloped and the intensity of security product use is low. • Technological innovations that improve the functionality, accuracy, ease of use, or speed of operation of security systems will also support demand in developed markets. The integration of security equipment with smart phones and other electronic devices, as well as with lighting, heating, and other building systems, will aid sales of security equipment. • Competition will not make it easy for vendors to grow revenues and margins. There will be opportunities for well-placed vendors. For example, demand for some camera types will grow particularly quickly (180/360 degree cameras, thermal cameras, and stereoscopic cameras are all examples). • There is likely to be increased investment in border protection and investment in city surveillance spending will continue to be fueled by counterterrorism initiatives. In terms of geographic regions, the Middle Eastern and Latin American markets are both forecast to grow at higher than average rates. Security Concerns Sample National Security Cloud to Cloud Integration Government & Private Investments Global Video Surveillance Market Size (USD Billion) Europe North America Asia-Pacific USD XX Billion 2016 USD XX Billion USD XX Billion USD XX Billion 2024 USD XX Billion USD XX Billion Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Growth Drivers • Technological Advancements • Technology plays a major role in enhancing security and surveillance capabilities by offering many increasingly technical solutions, such as alarms, access control devices, and video surveillance. In 2016, the security technology and services market generated about USD XX billion in revenue worldwide. This figure is expected to grow to USD XX billion by 2020. • Access control and alarm systems are not only popular in the U.S., but also worldwide. Besides the more “traditional” fields of use, such as video, alarm and access control, security technology is evolving in conjunction with the new technology trends such as video surveillance cybersecurity, deep learning revolution, body worn cameras, drones, hdcctv and vms user interfaces among others. • Further, two of the greatest trends that have propelled our industry forward in recent years are cloud computing and the Internet of Things (IoT), both delivering undeniable benefits to businesses and consumers alike. The edge computing will become ever popular, alleviating the issue of data pilling by performing data processing at the ‘edge’ of the network, closer to the source of the data. Doing so significantly reduces the bandwidth needed between sensors, devices and the data center. • Despite the move towards edge computing, the cloud will continue to play a significant role in IT infrastructures. As an increasing number of companies offer cloud-based services, the cloud ecosystem is increasingly becoming the preferred point of integration, rather than the traditional on-premise system. One benefit of integration between clouds is a significant potential reduction of in-house IT services required, creating great cost benefits Sample Global IT Security Products Market Size (USD), 2016-2024 • Impact Analysis:- • The continuous technology advancement is now embedded in video surveillance to provide better security solutions. And thus it is leading to huge growth opportunities to the manufacturers & other market players. • In North America, total of technology investments in video surveillance valued at USD XX billion in 2016. Over the forecast period (2016-2024) the growth in this segment will have highest impact share on Video Surveillance market. High Medium Low Impact on Global Video Surveillance Market Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Sample Market Restraints Sample Request • The Problem of Surveillance Storage & Data Piling • From the growing quantity of data to new innovations like Artificial Intelligence (AI) and machine learning, the surveillance and security landscape is changing. High-quality 4K footage is becoming commonplace, new regulations and compliance standards are affecting the manner of working with data, and the Internet of Things (IoT) promises to redefine the way surveillance is used alongside other sensors. And the need to store & protect the footage will also continue. • Storage remains at the foundation of every solution. But as new technologies come into play, storage continues to evolve to meet new demands and challenges. In the context of complex, highly connected solutions where a single drive could hold hundreds of hours of high-definition footage from multiple sources, resilience and stability become more important than ever. • Further among installers, integrators and other security professionals, XX% of people already offered a maintenance service to their customers, with a further XX% planning to introduce such a service in the near future. This highlights the increasing demand and availability of storage maintenance. Use of on-site storage or cloud/surveillance-as-a-service (SaaS) Survey of Use of Cloud Storage Solutions By Consumers Over Next Five Years Source: Goldstein Research Source: Goldstein Research • Impact Analysis:- • Video surveillance adoption and technological advancement has popped up new challenges for the video surveillance service providers related to data storage. • As per the survey analysis XX% of consumers say they would adopt the cloud services in near future. Based on end users, Government/public sectors are top users of video surveillance, followed by manufacturing industry and IT/cybersecurity industry. High Medium Low Impact on Global Video Surveillance Market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Video Surveillance Market Outlook : 2016-2024 Global Video Surveillance Market Share (%), By Surveillance System, 2016-2024 Sample Request • The analog surveillance system accounts for highest market share of XX% in 2016, worth a market size of USD XX billion. But the increasing adoption of IP surveillance system, over the forecast period there is expected rise in supply of IP video surveillance system to reach a market size of USD XX billion by 2024 growing at XX% CAGR over the forecast period. • The initial cost is certainly substantial, but it's important to remember that a single IP camera can take the place of three or four comparable analog cameras due to the increased coverage area, so while a single unit may cost more, ultimately the consumers are buying less cameras. Additionally, switches allow to connect more cameras per NVR than to a DVR. Also separate power sources aren't necessary for IP cameras while using a POE switch, which can save money on power supplies. 2024 2016 Sample Source: Goldstein Research Global Video Surveillance Market Y-O-Y Growth, By Surveillance System, 2016-2024 Source: Goldstein Research Global Video Surveillance Market Size (USD Billion), By Surveillance System -2016-2024 Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
US Video Surveillance Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 US Video Surveillance Market Size (USD Billion), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2016-2024 Sample Request Sample XX% CAGR: (2016-2024) Source: Goldstein Research Key Insights Number of Video Surveillance Camera Per Capita in the U.S., 2016-2024 • By 2025, the U.S. video surveillance market is anticipated to be worth around USD XX billion, growing at a CAGR of XX% during the forecast period 2017-2025. In the US, an improved economic outlook and rebound in building construction activity will provide growth opportunities. • While China is forecast to have almost a quarter of the market share by 2019, the United States has the greatest number of surveillance cameras per capita. Video surveillance is the second most profitable security product in the U.S., second to integrated non-residential systems. Access control and intrusion alarms also represent a significant share of the U.S. market. • The Internet of Things, a tech phenomenon that has been gaining momentum in the U.S., is expected to have an impact on the security surveillance market. Connected home (IoT) security device shipments in Unite Sates are forecast to grow from XX million units shipped in 2014 to XX million units in 2019. Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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