The Asia Pacific Video Surveillance Market would witness market growth of 15.2% CAGR during the forecast period (2019?2025).
Due to an increase in the adoption of advanced surveillance by the government sector, manufacturers are realizing the need for optimum IP surveillance systems. There are several advantages which determine that IP camera CCTV systems offer over an analog format. IP security cameras send their signal over a network, allowing greater information transfer than an analog signal sent to a DVR, which act as major video surveillance market trends. Network cameras can be wireless and work through a network. They are used in big departmental stores, food chains, malls, factory, workshop and many other public places to keep a check of the ongoing activities, which assist in the growth of video surveillance market globally.
The rising terrorism activities in these countries can be perceived as a major factor responsible behind making the governments to adopt IP surveillance for high-security regions and government buildings. For example, in Malaysia, the government is offering subsidized large-scale apartments which are equipped with integrated security systems and NVRs together with the CMX software. Additionally, Asia-Pacific is rising as one of the major adopters of technology specifically within the retail sector. This adoption inclination can be attributed to capabilities like remote monitoring and real-time access control. This region is expected to evolve at the highest CAGR in the video surveillance market over the forecast period.
Based on System Type, the market is segmented into Analog Surveillance, IP Surveillance and Hybrid Surveillance. Based on Component, the market is segmented into Hardware, Software, and Services. Hardware is further segmented into Camera, Monitor, Storage and Accessories. Software segment is further subdivided into Video Analytics and Video Management Software. Based on End User, the market is segmented into Commercial, Military & Defense, Infrastructural, Residential and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Canon, Inc., Panasonic Corporation, Motorola Solutions Inc., Zhejiang Dahua Technology Co. Ltd., FLIR Systems, Inc., Infinova Corporation, Burgess Computer Decisions, Inc., Nice Ltd., Transom Capital Group, LLC, and Robert Bosch GmbH.
Market Segmentation:
By System Type
By Component
By End User
By Country
Companies Profiled
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