Lamea Video Surveillance Market Size, Analysis, Growth

Lamea Video Surveillance Market By System Type (Analog Surveillance, IP Surveillance and Hybrid Surveillance), By Component (Hardware, Software, and Services), By End User (Commercial, Military & Defense, Infrastructural, Residential and Others)

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Published Date : June-2019 | Number of Pages : 138 | Format : PDF

The Latin America, Middle East and Africa Video Surveillance Market would witness market growth of 15.7% CAGR during the forecast period (2019?2025).

Video surveillance systems like Closed Circuit Television (CCTV) are deployed in a several settings; these may include public areas, commercial buildings, public infrastructures, and more. In various cases, they are deployed for dual purposes: for real-time monitoring of physical assets and spaces, and for reviewing collected video information to identify security indicators and planning security measures. Rise in need of safety in high-risk areas, growth in the transition from analog surveillance to IP cameras and integration of internet-of-things has fuelled the growth of the video surveillance market size. However, factors such as high investment cost in data storage technologies and lack of professional expertise in handling IP cameras have hampered the market growth. Furthermore, an increase in trends toward the development of smart cities is expected to offer lucrative opportunities for market expansion.

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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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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.