The global video surveillance market will reflect the significant growth in the upcoming time with the high security opportunities in the commercial, government, transportation and residential sector. The increasing awareness for safety and security, increasing crime rate, and growing adoption of internet protocol (IP) cameras are the factors that supports the growth of the market. The technological developments are also introduced in the market such as advanced 360-degree technology in camera, utilization of Vizsafe platform services, and enhanced capabilities of camera in video management systems that offers the high security surveillance in the organizations such as government and residential sector.

It has been observed that the IP surveillance system are being widely adopted by the government and private organizations in the global video surveillance market. An IP camera has been used for surveillance and can send and receive data through a computer network or the Internet. An IP camera can be centralized or decentralized according to the requirement. Axis communications introduced the first centralized IP camera i.e. Axis Neteye 200, in 1996. The IP cameras are available at different resolutions ranging from 0.3 megapixels to 29 megapixels. The major benefits of the IP camera are that high image resolution can be achieved as compare to analog cameras. A 1.3-megapixel resolution camera has almost 4 times the resolution of an analog camera.

Related Reports: Global Video Analytics Market Research Report

The commercial sector is expected to remain the largest end user in the global video surveillance market. The global video surveillance market reflects the highest growth due to increasing demand of CCTV cameras in hotels, banks, and retail enterprises. The increasing need for building security and monitoring customer and staff activities also augments the market growth. In the global video surveillance market, the North America is the leading market, the US has the largest share in the North American region. APAC is expected to reflect significant growth rate due to growing demand for smart imaging systems in the commercial sector and growth in GDP. The major factors that are driving the video surveillance market in the APAC and North America region include government regulations in favor of perimeter security and increasing investment in security systems for private companies, government and households. Along with that, increase in number of perimeter intrusions, increasing terrorist attack and rising demand for security against terrorist attacks are also boosting the market growth. The infrastructural development is also influencing the market positively in the emerging economies such as India, China, Brazil. Infrastructural development of airports, railway stations, ports and so on creates demand for video surveillance devices. Axis Communication, Bosch, Honeywell Corp., Schneider Electric, Samsung, Hikvision along with Dahua Technologies and Uniview Technologies are some companies contributing in the growth of global Video Surveillance market.

Browse full report @  https://www.omrglobal.com/industry-reports/vsaas-market/

CONTACT US
India: +91-780-304-0404
Global: +1-646-755-7667
Email: info@omrglobal.com, support@omrglobal.com
Website: www.omrglobal.com