Video Surveillance 2020 Size, Share, Segmentation, Top Leaders and Regional Forecast 2023

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Market Research Future
Video Surveillance Market Research Report -
Global Forecast 2023
Market Research Future (MRFR) estimates that the
global video surveillance market value in 2016
was USD 28.52 billion. The market is all set to
demonstrate a tremendous growth rate of 18.73
during the forecast period (2017-2023). A video
surveillance system helps capture images and
videos in almost any environment. Security and
surveillance are considered to be an important
aspect of all organizations all over the world.
Enterprises, governments, healthcare
organizations and financial institutions alike
are all in need of a certain degree of security
and monitoring measures, which calls for the
installation of video surveillance systems. As a
consequence, the demand for security applications
like video surveillance to monitor ports,
borders, corporate houses, transportation
infrastructure, public places, educational
institutes, buildings, and others has risen
remarkably over the years. https//www.marketres
earchfuture.com/reports/video-surveillance-market-
957
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Market Research Future
Regional Analysis Europe, North America, the
Middle East, and Africa (MEA) and Asia Pacific
(APAC) are the main markets for video
surveillance. The report highlights North
America as the leading market for video
surveillance, given the regions frequent
technological advancements and highly developed
network architecture. Surging adoption rate of
surveillance equipment in the region has led the
region to the top position in the global market.
High spending on military and defense leads to a
rising number of research and development (RD)
activities, giving rise to new innovations.
Europe has landed the second spot in the global
video surveillance market. Improving network
infrastructure coupled with mounting adoption of
cloud-based services across industries is
inducing market growth in the region. The rising
number of crime rates, terrorist attacks, and
antisocial behavior is prompting the government
to come up with the latest technologies as well
as strategies to ensure safety and security of
the public. Access Full Report _at_
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-surveillance-market-957
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Market Research Future
Industry Segments The worldwide market for video
surveillance has been segmented with regard to
component and applications. The component has
been sub-divided into software, hardware, and
services. The hardware-wise segments mentioned in
the report are monitors, storage systems, and
cameras. Hardware leads the market, having
touched a valuation of USD 15 billion in 2016.
The segment can attain a growth rate of 17
during the forecast period, while software is
expected to be the fastest-growing segment at the
rate of 21 from 2017 to 2023. Considering the
applications segment, the global video
surveillance market includes commercial,
infrastructure, defense, residential and
institutional. The market is led by
infrastructure application, whereas the
residential sector is anticipated to obtain a
CAGR of 21 during the conjectured timeframe.
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Market Research Future
Major Players in this Research Some of the key
players in the market are Zhejiang Dahua
Technology Co., Ltd. (China), Axis Communications
AB (Sweden), Bosch Security Systems Inc. (U.S.),
Hangzhou Hikvision Digital Technology Co., Ltd.
(China), FLIR Systems Inc. (U.S.), Honeywell
Security Group (U.S.), Avigilon Corporation
(Canada), Pelco (U.S.), Panasonic System Networks
Co., Ltd. (Japan), Hanwha Techwin Co., Ltd.
(South Korea) and NICE System Ltd.
(Israel). Get More Details of this report _at_
https//www.marketresearchfuture.com/press-release
/video-surveillance-market
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Market Research Future
About Market Research Future At Market Research
Future (MRFR), we enable our customers to unravel
the complexity of various industries through our
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Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
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industry, MRFR often plans conducts meet with
the industry experts and industrial visits for
its research analyst members. Know more
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