16.97% CAGR for Video Surveillance Market Globally to 2020 Says a New Research Report Available at ReportsnReports.com
(PRWEB) November 05, 2014 -- The video surveillance system is considered one of the key offerings in the surveillance industry. The trend of rising crime rates and security concerns is growing globally. In such a scenario, security becomes important vis-à-vis analyzing any potential threats to the public and to properties. The demand for video surveillance systems is increasing, considering this market is expected to grow at a CAGR of 16.97% in the coming future.
This video surveillance market report classifies into four different segments, namely, market by system type, hardware, software, services offered, application and geography. The report includes the analyses and forecasts related to the video surveillance market. Complete report is available at http://www.reportsnreports.com/reports/268110-video-surveillance-systems-services-market-analog-ip-components-hardware-cameras-monitors-storage-software-video-analytics-vms-service-vsaas-hosted-managed-hybrid-analysis-forecast-2013-2018-.html .
The scope of the report includes the video surveillance market by system type, hardware, software, services offered, application, and geography. Based on the hardware used, the video surveillance market has been classified into camera, monitors, storage, and accessories. Based on the application, it has been segmented into infrastructure, commercial, institutional, industrial, and residential applications.
The video surveillance market report profiles the major companies active in this field, including Avigilon Corporation, Axis Communications AB, Bosch Security Systems Inc, Flir Systems Inc, Hangzhou Hikvision Digital Technology Co. Ltd, Honeywell Security Group, Mobotix AG, Panasonic System Networks Co. Ltd, Pelco By Schneider Electric, Smartvue Corporation and Zhejiang Dahua Teachnology Co. Ltd. Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=268110 .
The global video surveillance market is expected to reach $42.06 billion by 2020, at a CAGR of 16.97%. IP system market is expected to grow at a CAGR of 23.51%. North America is the biggest IP video surveillance market, followed by Europe and APAC.
This report focuses gives an insight of the complete video surveillance market, with detailed market segmentations, combined with qualitative analysis of each and every aspect of classification on the basis of systems, hardware, software, services, applications, and geography. All the numbers, at every level of detail, are forecast till 2020, to give a glimpse into the potential revenue base of this market.
The video surveillance market report analyzes the entire market in terms of all the major geographical segments, namely North America, South America, Europe, Africa, the Middle-East, and Asia. North America is currently the largest market for IP video surveillance system, but the Asian region is expected to exhibit substantial growth in the next seven years. Priced at $4650 for a single user PDF, a discount on this research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=268110 .
The report also illustrates the competitive landscape of the industry by analyzing the major players and the strategies adopted by them to gain traction in the market. Apart from the market segmentation data, the report also includes a qualitative analysis of various market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. It also analyzes the overall market through various models such as Porter’s five forces model. The report includes profiles of major market players in the global video surveillance market with their respective market share analysis.
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