A new market place study study published by Transparency Marketplace Study covers the worldwide video surveillance and VSaaS systems marketplace. The report predicts large growth prospects for the marketplace in the near future owing to a general rise in security, safety, and theft issues in the current scenario. The report states that the market will develop at a healthy 18.1% CAGR between 2014 and 2020, rising from a valuation of US$ 14.98 billion in 2013 to US$ 48.32 billion by 2020.The report is titled “Video Surveillance and VSaaS Marketplace – Global Business Evaluation, Size, Share, Development, Trends and Forecast, 2014 – 2020” and is obtainable on the company’s site for sale.Of the two important segments of the worldwide video surveillance and VSaaS market, hardware and software, the segment of hardware dominated the market with 87% market place share in 2013. In the hardware section, the sub-segment of video cameras held the largest share of the market, which accounted for practically 34% in 2013.
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The industry segment of IP-primarily based video surveillance is anticipated to grow at a 23.3% CAGR more than the report’s forecast period. The require for surveillance cameras with efficient video high quality is anticipated to be the crucial aspect fuelling the growth prospects of the IP-primarily based video surveillance industry. The report states that the market is observing a huge surge in demand for video analytics and surveillance solutions.Of the key finish-use applications studied for the worldwide video surveillance and VSaaS market place, the report states that the transportation segment, comprising public transits, city surveillance, and highways, accounted for nearly 15% of the market in 2013. Other critical finish-use application segments analyzed in the report consist of residential, hospitality, healthcare, stadiums, and retail.
Of the numerous regional markets for video surveillance and VSaaS studied in the report, the marketplace segment of North America led the overall market place, accounting for nearly 34% marketplace shares in 2013. Over the report’s forecast period, the industry segment of Asia Pacific is expected to develop at the quickest pace, at a CAGR of 22.two%, states the report.The report states that the global video surveillance and VSaaS market place is a extremely dynamic industry and has observed a very good quantity of partnerships and company acquisitions in the final couple of years. The marketplace has also observed enormous investments in the field of item development, with the advent of new, technologically sophisticated products at a swift pace.
The report presents the detailed enterprise profiles of some of the key players in the market place, analyzed on the basis of elements such as firm overview, item portfolio, finance overview, current developments, business techniques, and SWOT analysis. Profiles of firms, which includes Hikvision Digital Technologies Co., Ltd., Panasonic Technique Networks Co. Ltd., Zhejiang Dahua Technology Co. Ltd., Agent Video Intelligence, Axis Communications AB, Geovision, Inc., Canon, Inc., Cisco Systems Inc., Honeywell Safety Group, Bosch Safety Systems, Inc., Pelco, Inc., and Genetec, Inc. are integrated in the report.
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Important Segments of Video Surveillance and VSaaS Marketplace:
Video Surveillance and VSaaS Industry
Analog Video Surveillance and VSaaS
IP-based Video Surveillance and VSaaS
Recorders and Storage
Video Management Application (VMS)
Video Surveillance as a Service (VSaaS)
By End-use Sector
Other people (Educational Institutions and Religious Infrastructure)
Rest of the Planet (RoW)
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