Security and surveillance has become common aspects of modern-day society. There are various dangers from intrusion or theft at personal or business property, assault, kidnapping either in stealth or direct force. While there is an ongoing debate about in recent time about the kind and amount of surveillance but, security and surveillance has become need of an hour in modern society. With the need to create a safe and secure environment at commercial, public, and private properties, the security and surveillance market is forecasted to witness a steady growth.
MARKET DYNAMICS
In order to prevent criminal activities or mishaps and to protect private and public spaces from theft, damage, and other dangers are propelling the growth of the security and surveillance market. However, lack of adaptation of security and surveillance system by masses and certain businesses among developing and undeveloped countries is hampering the growth of the Security and surveillance market. Meanwhile, with the integration of IoT and continuous innovation in security and surveillance industry to meet end-user needs backed by government initiatives to mandate security and surveillance system at commercial spaces and across cities the security and surveillance market is expected to flourish in forthcoming future.
MARKET SCOPE
The "Security and Surveillance Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication with a special focus on the global market trend analysis. The report aims to provide an overview of security and surveillance market with detailed market segmentation by component, authentication, offering, industry vertical and geography. The global security and surveillance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading security and surveillance market players and offers key trends and opportunities in the security and surveillance market.
MARKET SEGMENTATION
The global security and surveillance market is segmented on the basis of component, authentication, offering, and industry vertical. On the basis of component, the market is segmented as camera, sensors, recorders, intercom, and other. On the basis of authentication, the market is segmented as card reader and biometric. On the basis of offering, the market is segmented as service and solution. Similarly, on the basis of industry vertical, the market is segmented as industrial, commercial, residential, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global security and surveillance market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The security and surveillance market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting security and surveillance market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the security and surveillance market in these regions.
MARKET PLAYERS
The reports cover key developments in the security and surveillance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from security and surveillance market are anticipated to lucrative growth opportunities in the future with the rising demand for security and surveillance market. Below mentioned is the list of few companies engaged in the security and surveillance market.
The report also includes the profiles of key security and surveillance market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB Ltd
- Avnet, Inc.
- Axis Communications AB
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Honeywell International Inc.
- Johnson Controls, Inc.
- Motorola Solutions, Inc.
- Nedap N.V.
- Robert Bosch GmbH
- Schneider Electric SE
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.