Market Overview

Global Video Surveillance Market 2018-2022 to Post a CAGR of 11% Over the Next Five Years | Technavio

Share:

The global video surveillance market is expected to post a CAGR of close
to 11% during the period 2018-2022, according to the latest market
research report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180807005739/en/

Technavio has published a new market research report on the global video surveillance market from 20 ...

Technavio has published a new market research report on the global video surveillance market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the need to mitigate
criminal activities and terrorist attacks. The threat of sophisticated
criminal and terrorist activities is increasing across the world. The
increasing number of terrorist attacks, especially in countries such as
the US and the UK, has necessitated the deployment of video surveillance
solutions. Video surveillance solutions are also deployed to curb
anti-social activities such as intrusion, murder, robbery, and theft.
Therefore, the deployment of video surveillance enables a safe and a
crime-free environment and helps improve the quality of life for
citizens.

This market research report on the global
video surveillance market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the advent of AI-based video
surveillance as one of the key emerging trends in the global video
surveillance market:

Global video surveillance market: Advent of
AI-based video surveillance

The advent of AI-based video surveillance has transformed video
surveillance from being just a passive deterrent tool. AI brings in
smart automation to analyze large volumes of surveillance data to derive
intelligent insights. AI can accurately analyze live video streams in
real time with limited or no assistance from people. Moreover, AI can
compensate human errors by offering a superior standard of facial,
faceless, behavioral, and object detection. Moreover, smart AI-based
video surveillance systems have features such as intrusion detection,
motion and speed detection, object classification, behavioral analysis,
GPS mapping, and vehicle tagging and tracking. Therefore, AI-based
methodologies are expected to be integrated with video surveillance,
which will improve crime spotting and prevention.

"Video surveillance solutions can be used to track and apprehend
criminals and provide conclusive evidence in court. Currently, several
vendors are seen developing solutions to identify crimes before they
happen. Therefore, the advent of smart AI along with the development of
innovative solutions is expected to boost the growth of the market
during the forecast period,"
says a senior analyst at Technavio for
research on IT security.

Global video surveillance market: Segmentation
analysis

This market research report segments the global video surveillance
market by product (hardware, software, services), end-users (public,
commercial, and residential), and geographical regions (APAC, EMEA, and
the Americas).

The APAC region led the market in 2017 with a market share of close to
46%, followed by the Americas and EMEA respectively. However, during the
forecast period, the Americas is expected to show the highest
incremental growth followed by the EMEA region.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View Comments and Join the Discussion!