This research service provides strategic analysis of video surveillance systems including IP cameras, CCTV Cameras, DVR, NVR, Hybrid DVR, Encoders, Video Management System (VMS), Video Analytics, VSaaS, and other services. The base year is 2015 and forecasted year is 2016-2020.
According to Quadrant Knowledge Solutions latest research on “Video Surveillance Systems Market Research Outlook” the market is expected to grow at a CAGR of 12.3% 2016-2020. Commercial buildings contributes the largest market with over one third of revenue is coming from this sector. However, the majority of the growth is expected to come from retail sector, as per the research findings.
2. Video Surveillance Systems Worldwide Market
Outlook
Overview
This research service provides strategic analysis of video surveillance systems including IP
cameras, CCTV Cameras, DVR, NVR, Hybrid DVR, Encoders, Video Management System
(VMS), Video Analytics, VSaaS, and other services. The base year is 2015 and forecasted
year is 2016-2020.
Overview
With increased digitalization and connectivity in smart buildings, video surveillance systems
market is rapidly growing. In order to improve the effectiveness of security surveillance, end
users are increasingly moving towards advance technologies for video surveillance systems.
Users are increasingly adopting IP-based smart camera, high-definition (HD) CCTV
monitoring, and 4K video surveillance.
Video surveillance systems are also integrated with other security systems including access
controls, intrusion detection system, and other security systems. Suppliers are increasingly
offering cloud platform for online video recording and video analytics application for
improving effectiveness of investments. Looking at the promising opportunities, several new
suppliers are entering into video surveillance market place. In recent years, the prices of
smart cameras used for video surveillance is reducing due to lower cost of smart sensors
and increasing competition.
Increasing adoption of internet of things (IoT) technologies are leading to convergence of IT
technology in video surveillance market. This convergence is expanding the business
ecosystem of video surveillance systems with new applications, new industries, and new
supplier ecosystem. Several IT companies are looking for share of video surveillance market
with value-added applications such as analytics, cloud, big data, smart switches, and such
others.
According to Quadrant Knowledge Solutions latest research on “Video Surveillance
Systems Market Research Outlook” the market is expected to grow at a CAGR of 12.3%
2016-2020. Commercial buildings contributes the largest market with over one third of
revenue is coming from this sector. However, the majority of the growth is expected to come
from retail sector, as per the research findings.