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Video Surveillance and Analytics Market-Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Publisher Credence Research Inc
Published Jan 16, 2025
Length 187 Pages
SKU # CRRE20463332

Description

Market Overview
The global network cameras and video analytics market is projected to grow from USD 30,605 million in 2024 to USD 122,249.53 million by 2032, registering a CAGR of 18.9%.

This growth is driven by the rising demand for advanced surveillance solutions across industries due to increasing security concerns, technological innovations, and the integration of AI and IoT into surveillance systems. High-definition network cameras combined with real-time video analytics are increasingly adopted in sectors such as retail, banking, transportation, and government for enhanced monitoring and security.

Market Drivers

Increased Demand for Enhanced Security Solutions
Growing concerns about crime, terrorism, and public safety are prompting governments and organizations to invest in advanced surveillance systems. For example, Chicago’s real-time crime center implemented in 2022 led to a 20% reduction in crime rates in monitored areas. Network cameras with video analytics enable real-time monitoring and actionable insights, facilitating quicker responses and more effective security operations.

Market Challenges

High Implementation Costs
The primary challenge is the high upfront investment in advanced systems, including hardware, software, and installation. Ongoing maintenance and technology upgrades further add to the costs, which can be prohibitive for small and medium-sized enterprises despite the clear security advantages.

Segmentations

By Type:

Video Analytics Software

IP Cameras

By Application:

Security / Surveillance

Others

By End-User:

Banking & Financial

Transportation

Government

Retail

Other

By Region:

North America: U.S., Canada, Mexico

Europe: UK, France, Germany, Italy, Spain, Russia, Belgium, Netherlands, Austria, Sweden, Poland, Denmark, Switzerland, Rest of Europe

Asia Pacific: China, Japan, South Korea, India, Australia, Thailand, Indonesia, Vietnam, Malaysia, Philippines, Taiwan, Rest of APAC

Latin America: Brazil, Argentina, Peru, Chile, Colombia, Rest of Latin America

Middle East: UAE, KSA, Israel, Turkey, Iran, Rest of Middle East

Africa: Egypt, Nigeria, Algeria, Morocco, Rest of Africa

Key Players:

Axis Communications

Dahua Technology

Honeywell International, Inc.

Panasonic

Hikvision

Genetec

Bosch Security Systems

Avigilon

Eagle Eye Networks

Cisco

Table of Contents

187 Pages
1. Executive Summary
Market Overview
Key Findings
Market Trends and Insights
2. Market Introduction
Definition of Video Surveillance and Analytics
Market Scope
Key Market Drivers and Challenges
Market Restraints and Opportunities
3. Market Segmentation
3.1 By Type
Video Surveillance Cameras
Video Analytics Software
Storage & Networking Solutions
Others
3.2 By Application
Traffic Monitoring
Retail & Commercial
Industrial & Manufacturing
Government & Defense
Healthcare
Other Applications
3.3 By End-User
Large Enterprises
Small & Medium Enterprises (SMEs)
Public Sector
Residential
3.4 By Region
North America
Europe
Asia-Pacific
South America
Middle East & Africa
4. Competitive Landscape
Market Share Analysis
Strategic Initiatives
Mergers & Acquisitions
5. Key Player Analysis
Axis Communications
Dahua Technology
Honeywell International, Inc.
Panasonic
Hikvision
Genetec
Bosch Security Systems
Avigilon
Eagle Eye Networks
Cisco
6. Market Forecast (2024–2032)
By Type
By Application
By End-User
By Region
7. Conclusion & Recommendations
Strategic Recommendations
Market Outlook
8. Appendix
Methodology
Data Sources
Abbreviations

Pricing

Currency Rates
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