IP Video Surveillance Market – Overview
The srastic growth in the surveillance sector has prompted growth across all sections of the market. IP surveillance cameras are touted as the next major step in themarket of video surveilance. Market concentrated reports associated with the semiconductors and electronics industry amid others recently have been made available by Market Research Future which issues reports on this industry. The market is forecasted to demonstrate a CAGR of approximately 12 percent in the duration of the forecast period.
Analog surveillance cameras that previously had a major chunk of the market are gradually being phased out in favor of the rising popularity of IP surveillance cameras. The ease of integration of these surveillance devices with the existing IP infrastructure has improved the scope of development of the market. The strong growth observed in the market can be attributed to factors such as, use of HD cameras, growing demand for installation of video surveillance and mounting need for security in urban and residential spaces.
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Industry Segments
The IP Video Surveillance market is segmented on the basis of application, region and component. The component based segmentation of the market is segmented into software and hardware. The hardware component further consists of monitors, cameras, and servers. The software component furthercontains video management and video analytics. The regions that are covered in the market are APAC, North America, Europe, Middle East, Africa and rest of the world.The application segment of the market comprises of government, manufacturing, BFSI, healthcare, retail and others.
Detailed Regional Analysis
The analysis of the market has led to the observation that the IP Video Surveillance market in the North American region is estimated to observe a substantial growth period and control a significant market share in the duration of the forecast period. Countries such as Canada and U.S areestimated to initiate the growth uptick of the North American market for IP video surveillancedue to the existence of a huge number of established key players. The North American region also posseses a well-established infrastructure, which permitsa greater of penetration of devices which eventuallyoffers better connectivity. Growing need for innovations and advancements in the technology are other key factors accountable for the growth in the IP Video Surveillance market. Additionally, the Asia Pacific region is predicted to observe a comparatively faster adoption rate due to a high CAGR during the forecast period as compared to other regions due to the amplified growth of IT infrastructure and telecommunication, developing economies and the technological progress in IP video surveillance in the region.
Global Competitive Analysis
The competitors in the market are persistently trying to establish leading market positions through new policies and strategies. The experienced management in the companies operating in the market are creating business models which can bring about a fruitful phase of development. The key trends and players have established a positive tone for development. The competitors in the market are trying to succeed commercially by ensuring demand and supply are in balance. The momentum of the market’s growth has altered the competitive backdrop of the market. The contenders in the market are also leveraging their competitive advantages to secure their growth in the market. The market development by competitors also encompasses strong risk management strategies.
The eminent competitors in the global IP Video Surveillance market are Bosch Security Systems Inc. (Germany), Genetec Inc. (Canada), Hangzhou Hikvision Digital Technology Co., Ltd. (China), Avigilon Corporation (British Columbia), Netgear, Inc. (U.S.), Axis Communications AB (Sweden), Cisco Systems, Inc.(U.S.), Panasonic System Networks Co., Ltd. (Japan), Microsemi Corporation (U.S.), The Infinova Group. (U.S.), Geovision Inc. (Taiwan) among others.
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Market HighlightsThe increasing penetration of internet, development of innovative technologies has encouraged the growth of the IP surveillance sector.
The IP video surveillance market is expected to grow over the future.
Network cameras and video are expected to dominate the market over the forecast period, 2017-2023.
IP video surveillance are being used in a variety of applications such as professional applications, home applications and SMB applications.The global IP video surveillance market is expected to reach approximately USD 63 billion by the end of 2023 with 20% CAGR during forecast period 2017-2023.Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2929SegmentationThe global IP video surveillance market has been segmented based on component and application.
The video management sub-segment under the software segment led the market in 2016 while the video analytics sub-segment is expected to gain traction over the forecast period and surpass the video management sub-segment.
(Sweden), D-Link (Taiwan), Genetec Inc. TM.
The Global IP Video Surveillance and VSaaS Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020 – 2030 - The demand for IP surveillance system has been rising due to the increasing emphasis on safety and security both by the government and private enterprises.The Global IP Video Surveillance and VSaaS Market was valued at $22.56 billion in 2019, and is projected to reach $71.81 billion by 2030, registering a CAGR of 11.1% from 2020 to 2030.IP Video Surveillance and VSaaS are done for capturing, storing and also sharing the videos and images over the network efficiently.
IP surveillance systems can help in detecting and reducing activities like theft, burglary and vandalism.
Also, the features like accessibility of IP surveillance cameras through any device connected to the internet and low maintenance cost are some factors driving the growth of IP surveillance system and VSaaS market.Access Full Description of this report at:- https://www.nextmsc.com/report/ip-video-surveillance-vsaas-market Top Companies: Hkvision, Ltd., Bosch Security System, Honeywell Security Group, Dahua Technology, D-Link Corporation, Panasonic, Avigilon, Axis Communication, Infinova and others.Globally the IP video surveillance and VSaaS market size is segmented based on product type, application, and geography.
By product type, the market is segmented by hardware, software, cloud-based solutions, and services.
On the basis of services, the market is categorized into VSaaS, hosted VSaaS, managed VSaaS, hybrid VSaaS, and integrated services IP surveillance.
By application, the market is divided into banking and financial sectors, retail, government & higher security, manufacturing & corporate, residential, entertainment, healthcare, and others.
You can find IP surveillance software in all sorts of different places.The biggest advantage of using surveillance is the amount of time it can save you.
From email to online banking, and even online gaming, you never have to worry about your computer being hacked because the IP is being monitored.The other good news is that IP surveillance can protect your personal information.
So when the IP cameras are switched on, there is no way for a hacker to hack into your account and steal your credit card numbers or banking information.Also, you don't have to worry about spyware.
It is not possible for a hacker to install spyware onto your computer, because the IP is constantly changing.
It is impossible for them to create a back door that would allow them to watch everything you do on the computer.Another reason that IP surveillance is useful is that it is something that is easy to install.
One is to keep an eye on their employees, another is to keep an eye on their computer systems, and the third is to use it to check up on them from afar.For example, if your company is having an employment situation, you want to make sure that the employees who have left the company are actually leaving.
