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Global Video Surveillance Market is estimated to cross $64 Billion By 2021

Market research future published a cooked research report on Global Surveillance Market is expected to grow with the CAGR of more than 17% from 2015 to 2022, and is estimated to be valued at more than $64 billion by 2021. For the Global Surveillance market, drivers are development of chips with faster processing speed, growing popularity of video content and real time analytics, government initiative along with rise in demand for public safety.

Taste the market data and market information presented through more than 70 market data tables and figures spread in more than 250 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Surveillance Market Information- Global Forecast to 2021"

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Equipment market is estimated to continue its dominance within the global video surveillance market

Within the global video surveillance market, share for equipment such as cameras, monitors, and storage held a major share of the revenues in 2015. However, Video Surveillance as a Service (VSaaS) is expected to grow at the highest pace during the forecast period. The dynamics of the physical security industry have changed profoundly, owing to the ongoing innovations and advancements in its dominating contributor, i.e. Video Surveillance. Major application areas such as critical infrastructure, highways, banking, and financial institutions among others have become promising beneficiaries of video surveillance making it an indispensable tool to ensure both personal and public safety.

Infrastructural Application expected to dominate the Video Surveillance Market

Among the application verticals in the video surveillance systems, infrastructure holds the lion’s share. This is attributed to the large scale investment by the government in the projects such as safe city and city surveillance among others. Following that, the commercial application is holding the second position in terms of revenue generation. The utilization of video surveillance software for business intelligence is the primary reason behind the proliferated market growth. Owing to this, the other sector is anticipated to grow at the fastest CAGR during the forecast period from 2016 to 2022.

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North America continues to dominate the Video Surveillance Market

North America continues to dominate the global video surveillance market, very closely followed by Asia pacific.  Revenue generation from the sales of IP cameras and VS software and services are the primary attributes for this dominance. The low cost equipments and rapid developments in emerging markets such as India and others are the key enabling reasons for the highest growth in the Asia-Pacific region through the forecast period. Burgeoning demands of intelligent video surveillance systems from government organizations and retail sectors will result in an increasing revenue generation from ROW growing at a double digit CAGR from 2016 to 2022.

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This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players such as Avigilon Corporation, Bosch Security Systems, Canon, Cisco Systems, FLIR Systems Inc., Honeywell Security, Hikvision Digital Technology Co., Ltd., Mobotix, Panasonic, and PELCO by Schneider Electric.

Key Players for Video Surveillance Market:

Business expansion and partnership & collaboration are strategies taken on by the industry leaders so that they can expand their business extensively in the potential markets. The key players in the Video Surveillance Market are: Zhejiang Dahua Technology Co.,Axis Communications AB (Sweden), B Ltd. (China), Hangzhou Hikvision Digital Technology Co., Ltd. (China), (South Korea), Nice Systems, Limited (Israel), and Infinova Corporation (U.S.). FLIR Systems Inc. (U.S.), Honeywell Security Group (U.S.), Avigilon Corporation (Canada)

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This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenerios & strategies, of the global plate heat exchanger device market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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