Need for Security Drives Global Video Surveillance Industry

Published Date : Jun 14, 2016

ALBANY, NY, June 14, 2016 - has announced the addition of a report, titled “Global Video Surveillance Industry 2016, Trends And Forecast Report,” to its database. This report provides an in-depth overview of the video surveillance systems, including their definition, specifications, industry chain structure, applications, classifications, industry overview, and policy reports. The market reports comprises the development status of major regions, competitive landscape reports, and development history. The report helps readers discover trends in the global video surveillance market and identify the strategic consolidations shaping it.

The report highlights the current trends that will impact the market in the future. The study comprises an reports of the challenges involved in the video surveillance market, the opportunities and future growth prospects that will be beneficial for those interested in investing in the market. Tables, charts, graphs, and statistics have been used wherever required. The information is presented in a clear and concise manner to provide a better understanding for a reader.

Video surveillance, comprising electronic equipment such as CCTV cameras, a recording unit, control unit, and output interface, is a technology that enables the monitoring of an environment. Video surveillance can be done in real time or data can be collected and stored for later evaluation and reports.

Of late, security has become a prime concern owing to the rising incidences of crimes. This is boosting the adoption of video surveillance across the world. The demand for security solutions is rising due to increasing incidents of terrorism. There is also an increased demand for effective security solutions so as to deter criminal activities.

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As per the report, 2016 is likely to see the extension of various long-term developments in the video surveillance market such as the shift from standard-definition (SD) analog equipment to high-definition (HD) CCTV and network equipment and aggressive price competition. An increase in investments in city surveillance programs is expected to be driven by counter-terrorism initiatives. Government regulations are also encouraging the installation of video surveillance across the world.

The global video surveillance market is witnessing growth owing to rising investments by various infrastructures such as airports, railways, stadiums, hospitals, government buildings, banks, and roads. Technological advancements in high resolution imaging and video analytics are also driving the video surveillance market. On the other hand, privacy issues may hamper the global video surveillance market.

The report includes profiles of leading players who are responsible for the development of the global video surveillance market. The recent developments of the companies, their market positions, business and financial overview, and strategies implemented have been included in this study. The product pictures, specifications, capacity production, price, cost, production value, and contact information of each of the companies have been included.

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