Global Surveillance Market By Product (Camera, Other Hardware And Software Services), By Application (Residential, Commercial, Public And Government Infrastructure), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Surveillance Market By Product (Camera, Other Hardware And Software Services), By Application (Residential, Commercial, Public And Government Infrastructure), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Surveillance Market by Product (camera, other hardware and software services), By application (residential, commercial, public and government infrastructure), and by Region -Global Forecast to 2030, which offers a holistic view of the global Surveillance market through systematic segmentation that covers every aspect of the target market.

The global Surveillance market is projected to be US$ 40,194.7 Mn in 2020 to reach US$ 116,820.2 Mn by 2030 at a CAGR of 10.7%.

A surveillance system monitors the behaviour, activities, or other changing information, usually, of people from a distance using electronic equipment. Surveillance systems consist of several equipments like Camera, monitor, drone systems and other equipment. Global surveillance market is expected to see robust growth in the forecast period owing to the rapid increase in the number of CCTV cameras and surveillance systems in commercial and residential buildings or apartments. Increased concern about womens safety and growing global security threats are some of the other factors that have helped the market to grow with a rapid pace. Due to the increased usage of surveillance systems in emerging nations as well as developed economies, the market is anticipated to see high growth in the forecast period.

Growth of target market is expected to drive by the factor such as safe city and smart city projects coming up in major cities of the world. Growth of cinema halls and shopping malls globally. Increased installation of surveillance systems in university and college campuses. Rapid growth in the banking sector and number of ATMs and thus increased usage of cameras in this sector. Increasing usage of cameras by the defence ministries of many countries for national security is estimated to drive consumption of Surveillance.

However, New and more expensive technologies are expected a major factor expected to hinder the growth of the target market. Also, lack of industry standards and industry associations in many emerging nations and uncertain global financial scenario are also a key reason for the growth hamper


Global Surveillance Market Revenue (US$ Mn), 2021 to 2030


Global surveillance market is segmented on the basis on product, application and region. On the basis of product, the market is segmented into the camera, other hardware and software services. The camera segment accounts for the majority share in the global surveillance market, while the software service is expected to register the highest growth rate over the forecast period. On the basis of application, the market is segmented into residential, commercial, public and government infrastructure. The commercial segment accounts for a majority share in the global surveillance market.


Global Surveillance Market By Application, 2018


On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America and MEA. North America accounts for the majority share in the global surveillance market, followed by Europe, owing to an increase in the application of the target market. Emerging economies, such as China and India, are expected to register the highest growth rate over the forecast period. Countries and regions such as Japan, Southeast Asia and the rest of the world are expected to register stable growth over the forecast period. The surveillance market in Asia-Pacific is estimated to account identical growth and is expected to register a substantial CAGR during the forecast period

The research report on the global Surveillance market includes profiles of some of the major companies such as Hangzhou Hikvision Digital Technology Co, Axis Communications AB, Panasonic Corporation, Honeywell International Inc., United Technologies Corporation, Hanwha Corporation, Tyco International plc, Robert Bosch GmbH, Huawei Technologies Co. Ltd, Siemens Aktiengesellschaft and other prominent players


Key Market Segments:

By Type

  
Camera
  
Other Hardware And Software Services

By Application

  
Residential
  
Commercial
  
Public And Government Infrastructure


Key Market Players included in the report:


  
Axis Communications AB
  
Hangzhou Hikvision Digital Technology Co
  
Hanwha Corporation
  
Honeywell International Inc.
  
Huawei Technologies Co. Ltd
  
Panasonic Corporation
  
Robert Bosch GmbH
  
Siemens Aktiengesellschaft
  
Tyco International plc
  
United Technologies Corporation


Below are the key development related to Surveillance Market in 2020 and 2021.


May 2021: Axis Communications to develop own explosion-protected cameras Axis Communications has announced plans to develop its own explosion-protected surveillance cameras and devices across the Axis product portfolio through a new subsidiary, Axis Ex AB. Axis-Explosion-Protected-Cameras-21With the new company’s quality management system having been audited and found to be in compliance with the appropriate international standards, Axis can manufacture and sell its own explosion-protected equipment certified according to ATEX, IECEx, METLabs and other global certifications. Source

April 2021: Panasonic i-PRO partners with Genetec on cloud-based digital evidence management system. Provides law enforcement agencies with a cost-effective and secure solution. Rolling Meadows, IL Panasonic i-PRO Sensing Solutions Corporation of America, a global leader in advanced sensing technologies, is partnering with Genetec Inc. (Genetec), a leading technology provider of unified security, public safety, operations, and business intelligence solutions, to offer a cloud-based digital evidence management system (DEMS) for law enforcement customers. CloUDE Powered by Genetec is a new solution that offers the added versatility and option of storing video evidence and data in the cloud versus on-site, which is much more convenient and cost-effective.CloUDE Powered by Genetec works directly with Panasonic i-PRO’s industry-leading body-worn cameras (MK3 and BWC4000) and in-vehicle camera (MK3 and VPU4000) systems, and it allows law enforcement agencies to retain complete ownership of all evidence and metadata. Additionally, officers and investigators can gather digital evidence from a variety of sources, and easily store, manage, review and share it from within a single application. Cases and digital evidence can also be shared with different parties, and access is controlled through security policies managed in the application. Plus, audit trails log all user actions to maintain chain of custody and are available for management review at any time. Source

July 2020: BriefCam Takes Innovation to the Edge with Analytics for AXIS Deep Learning Camera Series. BriefCam announced future availability for BriefCam Video Content Analytics on Axis cameras with built-in deep learning processing units. BriefCam’s edge analytics initiative complements its portfolio of on-premise and cloud solutions, by enabling greater freedom of choice for flexible deployment architectures through edge-based computing. Through the Axis Application Development Partner Program, BriefCam is one of the first to leverage the AXIS Camera Application Platform (ACAP) to enable comprehensive analytics directly on Axis Communications’ upgraded camera series. The first camera to support BriefCam video content analytics is the AXIS Q1615 Mk III featuring a dual chipset, ARTPEC-7, and a deep-learning processing unit (DLPU), for video processing and metadata generation at the edge. By enabling BriefCam analytics on the edge, along with post processing and management capabilities, users experience real-time processing, with reduced costs and complexity, as well as reduced storage and bandwidth requirements. In turn, enabling greater flexibility and cost efficiency for large scale deployments. Source