About Surveillance and Security Equipment
Surveillance and security equipment is used for monitoring activities and behavior of individuals in areas such as airports, sea ports, railway stations, enterprises, educational institutions, retail stores, and banks that are susceptible to security threats. Proper surveillance in these areas helps reduce the occurrence of terrorist attacks and data theft. The footage and other information captured by the surveillance equipment are transmitted across the network and stored for future use. The installation of surveillance devices at various points reduces the need for security agents.
TechNavio's analysts forecast the Global Surveillance and Security Equipment market to grow at a CAGR of 13.58 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Surveillance and Security Equipment market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of the following components:
Technavio Announces the Publication of its Research Report – Global Surveillance and Security Equipment Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Surveillance and Security Equipment Market: Bosch Security Systems Inc., Cisco Systems Inc., Honeywell Security Group Inc., NICE Systems Ltd. and Tyco International Ltd.
Other Prominent Vendors in the market are: Assa Abloy, Gunnebo, Kaba Holding, NAPCO Security Systems, Safran, Schneider Electric, Siemens, ALL-TAG Security Americas, Checkpoint Systems, Ketec, Nedap, Arecont Vision, Avigilon, Axis Communications, Exacq Technologies, Genetec, H3C Technologies, Hikvision Digital, March Networks, Mobotix, Napco Security Technologies, Panasonic System, Samsung Techwin, Schneider Electric, Future Fibre Technology, Magal Security Systems and Napco Security Technologies
Commenting on the report, an analyst from Technavio’s team said: “Emergence of panoramic cameras is one of the major trends upcoming in this market. Panoramic cameras are used in sensitive areas such as retail shops, airports, and casinos to get a full view of the area.”
According to the report, increased domestic and international security threats are one of the major drivers in this market. In recent years, there has been an increase in terrorist attacks globally. Also, theft of financial and strategic data from shops and enterprises has increased, which causes loss for retailers and organizations. Thus, surveillance devices are used in organizations to track the people involved in thefts or criminal activities.
Further, the report states that lack of professional expertise and high transmission control protocol are the major challenges in this market. A well-trained group of professionals is required to maintain a high-performance security infrastructure.
Bosch Security Systems, Cisco Systems, Honeywell Security, NICE Systems, Tyco International, ALL-TAG Security Americas, Arecont Vision, Assa Abloy, Avigilon, Axis Communications, Checkpoint Systems, DvTel, Exacq Technologies, Future Fibre Technology,Genetec, Gunnebo , H3C Technologies, Hikvision Digital, Kaba Holding, Ketec, Magal Security Systems, March Networks, Mobotix, NAPCO Security Systems, Nedap, Panasonic System, Safran, Samsung Techwin, Schneider Electric, Siemens
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