Title: VIDEO SURVEILLANCE SYSTEMS MARKET LEADERSHIP
1www.360quadrants.com
- Video Surveillance Systems Market Leadership
2A video surveillance systems monitors and records
the behavior and activities of people through
cameras connected on a network. The adoption of
video surveillance systems is increasing across
varied verticals to provide security, protect
infrastructures such as buildings, locations, and
historical places from damage, and reduce
incidences of unlawful activities such as
robberies and terrorist attacks. The overall
Video Surveillance Systems market is expected to
grow from USD 40.8 billion in 2019 to USD 74.6
billion by 2025, at a CAGR of 10.4 during the
forecast period. The growth of the overall Video
Surveillance Systems market is driven by various
factors such as increasing concerns about public
safety and security, rising adoption of IP
cameras, and demand for wireless and spy
cameras.
3- In 2019, the Best Video Surveillance
Systems market was dominated by Hikvision (China),
Dahua (China), Axis Communications (Sweden),
Bosch Security and Safety Systems (Germany),
and Hanwha Techwin (South Korea). These leading
players adopted a few major strategies in the
Video Surveillance Systems market which created a
significant impact. Strategies comprise product
launches, strategic partnerships, and business
agreements along with mergers acquisitions. - Hikvision (China) is one of the leading suppliers
of video surveillance products and solutions. The
company has a state-of-the-art manufacturing
process for innovative CCTV and video
surveillance products across 20 locations around
the world. Hikvision also offers security, visual
management, video content, and Big Data
services. - The company operates in two major business
segments Video Surveillance Products and
Innovative Business Products, which cater to
markets such as public security, transportation,
judicial systems, education, healthcare,
financial institutions, energy, and intelligent
buildings. Hikvision also focuses on inorganic
growth strategies such as partnerships and
collaborations which enable it to incorporate its
applications with several other players in the
video surveillance domain. As part of its growth
strategy, the company should focus on expanding
its video surveillance portfolio towards emerging
and untapped markets around the globe. Targeting
latent opportunities in these markets will help
the company to maximize its revenue. -
4- Dahua (China) is one of the leading designers and
manufacturers of video-centric smart IoT
solutions. Dahua specializes in video
surveillance technology, in addition to its
established businesses in machine vision, video
conferencing systems, professional drones,
electronic license plates, RFID, and robotics.
Dahua Technology operates in three primary
business segments Solutions, Products, and
Others. The company provides security and
surveillance solutions, advanced series of
front-end and back-end display control systems,
and intelligent transportation solutions. It also
provides services with customized features and
offers professional security and surveillance
systems applicable across public security,
finance, transportation, energy, communications,
and various other industries. - The company is focusing on product launches and
developments to expand its video surveillance
product portfolio, especially in emerging
segments such as smart city, smart homes, smart
parking, etc. It also plans to increase
investments in RD in an effort to use upcoming
technologies such as AI, big data, and cloud
computing to develop smart video surveillance
products for the urban market.
5- Axis Communications (Sweden) is one of the market
leaders in developing and marketing video
surveillance and access control solutions. The
company continuously develops and launches
innovative network products to retain its
position as a market leader. Axis Communications
majorly operates in two business segments Video
and Others. The company offers network cameras,
video encoders, network video recorders, video
management software, and system devices
pertaining to the video surveillance market. The
company has a global market presence, enters into
long-term collaborations, and undertakes the
development of innovative products and solutions.
It continuously focuses on innovating
surveillance cameras and investing a substantial
amount of revenue in developing new security
solutions. The implementation of Artificial
Intelligence has helped the company meet its
customers video surveillance product needs
effectively and efficiently. - Bosch Security and Safety Systems (Germany) is
well-established across the global video
surveillance market. The Security Systems
division offers innovative products and solutions
in the field of security and communications,
majorly for commercial applications. The product
portfolio encompasses video surveillance,
intrusion detection, fire detection, and voice
alarm systems, as well as access control and
building management systems, and professional
audio and conference systems. The company
primarily operates in all major regions,
including Europe, Asia, and the Americas. It has
also set up sales and representative offices
across emerging markets in Africa, Latin America,
and the Middle East to tap its end users. Product
innovation is the companys major strategy to
compete in the Top Video Surveillance
Systems market. Along with meeting the rising
demand for video security, the company is
investing in developing video analytics solutions
to develop more intelligent security cameras. The
company also focuses on inorganic strategies such
as agreements, collaborations, and partnerships
to expand its video surveillance product
portfolio.
6- About 360Quadrants
- 360Quadrants is the largest marketplace looking
to disrupt US 3.7 trillion of technology spend
and - is the only rating platform for vendors in the
technology space. The platform provides users
access - to unbiased information that helps them make
qualified business decisions. 360Quadrants
enables - vendors to influence the business decisions of
potential clients. Vendors get to win ideal new - customers, customize their quadrants, decide key
parameters, and position themselves strategically - in a niche space, to be consumed by giants and
start-ups alike. Experts get to grow their brand
and - increase their thought leadership. The platform
targets the building of a social network that
links - industry experts with companies worldwide. The
platform has around 400 total buyers across - various markets.
- 360Quadrants will also be launching quadrants in
fields like Study Tools, 3D Rendering Software, - Artificial Intelligence Software and Retail
Management System.
7-
- Contact
- Mr. Agney Sugla
- agney_at_marketsandmarkets.com
- 630 Dundee Road, Suite 430
- Northbrook, IL 60062