IP Cameras Driving the Video Surveillance Market l Analyzing Industry Trends, 2018-2023
The video surveillance systems market is broadly distributed into infrastructure, commercial, institutional, industrial, residential, and others applications. This report provides an overview of growing presence of video surveillance systems in the individual application areas, and the market trends and statistics of the equipment for each application type.
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The increased adoption of IP cameras in the video surveillance systems due to a better image quality with enhanced resolution, has proven to be an important factor in the expansion of such systems across all the applications. The infrastructure application accounted for the highest market share of XX% in the global video surveillance market, in 2018. The rising security demands across the globe with the goal of retaliating against terrorism and crime, along with an increase in the government spending on security, are some of the major factors attributing to the dominance of infrastructure application.
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Key questions answered in the report
• What is the estimated global video surveillance market value by 2023 along with the estimated CAGR?
• What are the driving factors for the global video surveillance market through 2018 to 2023?
• Which factors are impeding the growth of the global video surveillance market?
• How are IP cameras expected to surpass the demands of analog video surveillance systems in the next two years?
• Which storage technology is estimated to prove to be the most cost-efficient for video surveillance systems?
• What is the importance of software in video surveillance systems?
• Which application is expected to dominate the global video surveillance application market by 2023?
• Which region is expected to lead the global video surveillance market by 2023?
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