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VIDEO SURVEILLANCE SYSTEMS MARKET LEADERSHIP

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Title: VIDEO SURVEILLANCE SYSTEMS MARKET LEADERSHIP


1
www.360quadrants.com
  • Video Surveillance Systems Market Leadership

2
A video surveillance systems monitors and records
the behavior and activities of people through
cameras connected on a network. The adoption of
video surveillance systems is increasing across
varied verticals to provide security, protect
infrastructures such as buildings, locations, and
historical places from damage, and reduce
incidences of unlawful activities such as
robberies and terrorist attacks. The overall
Video Surveillance Systems market is expected to
grow from USD 40.8 billion in 2019 to USD 74.6
billion by 2025, at a CAGR of 10.4 during the
forecast period. The growth of the overall Video
Surveillance Systems market is driven by various
factors such as increasing concerns about public
safety and security, rising adoption of IP
cameras, and demand for wireless and spy
cameras.
3
  • In 2019, the Best Video Surveillance
    Systems market was dominated by Hikvision (China),
     Dahua (China), Axis Communications (Sweden),
    Bosch Security and Safety Systems (Germany),
    and Hanwha Techwin (South Korea). These leading
    players adopted a few major strategies in the
    Video Surveillance Systems market which created a
    significant impact. Strategies comprise product
    launches, strategic partnerships, and business
    agreements along with mergers acquisitions.
  • Hikvision (China) is one of the leading suppliers
    of video surveillance products and solutions. The
    company has a state-of-the-art manufacturing
    process for innovative CCTV and video
    surveillance products across 20 locations around
    the world. Hikvision also offers security, visual
    management, video content, and Big Data
    services. 
  • The company operates in two major business
    segments Video Surveillance Products and
    Innovative Business Products, which cater to
    markets such as public security, transportation,
    judicial systems, education, healthcare,
    financial institutions, energy, and intelligent
    buildings. Hikvision also focuses on inorganic
    growth strategies such as partnerships and
    collaborations which enable it to incorporate its
    applications with several other players in the
    video surveillance domain. As part of its growth
    strategy, the company should focus on expanding
    its video surveillance portfolio towards emerging
    and untapped markets around the globe. Targeting
    latent opportunities in these markets will help
    the company to maximize its revenue.

4
  • Dahua (China) is one of the leading designers and
    manufacturers of video-centric smart IoT
    solutions. Dahua specializes in video
    surveillance technology, in addition to its
    established businesses in machine vision, video
    conferencing systems, professional drones,
    electronic license plates, RFID, and robotics.
    Dahua Technology operates in three primary
    business segments Solutions, Products, and
    Others. The company provides security and
    surveillance solutions, advanced series of
    front-end and back-end display control systems,
    and intelligent transportation solutions. It also
    provides services with customized features and
    offers professional security and surveillance
    systems applicable across public security,
    finance, transportation, energy, communications,
    and various other industries.
  • The company is focusing on product launches and
    developments to expand its video surveillance
    product portfolio, especially in emerging
    segments such as smart city, smart homes, smart
    parking, etc. It also plans to increase
    investments in RD in an effort to use upcoming
    technologies such as AI, big data, and cloud
    computing to develop smart video surveillance
    products for the urban market.

5
  • Axis Communications (Sweden) is one of the market
    leaders in developing and marketing video
    surveillance and access control solutions. The
    company continuously develops and launches
    innovative network products to retain its
    position as a market leader. Axis Communications
    majorly operates in two business segments Video
    and Others. The company offers network cameras,
    video encoders, network video recorders, video
    management software, and system devices
    pertaining to the video surveillance market. The
    company has a global market presence, enters into
    long-term collaborations, and undertakes the
    development of innovative products and solutions.
    It continuously focuses on innovating
    surveillance cameras and investing a substantial
    amount of revenue in developing new security
    solutions. The implementation of Artificial
    Intelligence has helped the company meet its
    customers video surveillance product needs
    effectively and efficiently.
  • Bosch Security and Safety Systems (Germany) is
    well-established across the global video
    surveillance market. The Security Systems
    division offers innovative products and solutions
    in the field of security and communications,
    majorly for commercial applications. The product
    portfolio encompasses video surveillance,
    intrusion detection, fire detection, and voice
    alarm systems, as well as access control and
    building management systems, and professional
    audio and conference systems. The company
    primarily operates in all major regions,
    including Europe, Asia, and the Americas. It has
    also set up sales and representative offices
    across emerging markets in Africa, Latin America,
    and the Middle East to tap its end users. Product
    innovation is the companys major strategy to
    compete in the Top Video Surveillance
    Systems market. Along with meeting the rising
    demand for video security, the company is
    investing in developing video analytics solutions
    to develop more intelligent security cameras. The
    company also focuses on inorganic strategies such
    as agreements, collaborations, and partnerships
    to expand its video surveillance product
    portfolio.

6
  • About 360Quadrants
  • 360Quadrants is the largest marketplace looking
    to disrupt US 3.7 trillion of technology spend
    and
  • is the only rating platform for vendors in the
    technology space. The platform provides users
    access
  • to unbiased information that helps them make
    qualified business decisions. 360Quadrants
    enables
  • vendors to influence the business decisions of
    potential clients. Vendors get to win ideal new
  • customers, customize their quadrants, decide key
    parameters, and position themselves strategically
  • in a niche space, to be consumed by giants and
    start-ups alike. Experts get to grow their brand
    and
  • increase their thought leadership. The platform
    targets the building of a social network that
    links
  • industry experts with companies worldwide. The
    platform has around 400 total buyers across
  • various markets.
  • 360Quadrants will also be launching quadrants in
    fields like Study Tools, 3D Rendering Software,
  • Artificial Intelligence Software and Retail
    Management System.

7
  •  
  • Contact
  • Mr. Agney Sugla
  • agney_at_marketsandmarkets.com
  • 630 Dundee Road, Suite 430
  • Northbrook, IL 60062
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