Video Surveillance Market in Africa 2014-2018
About Video Surveillance
Video surveillance system consists of many appliances. Any appliance that enables embedded image capture capabilities that allows video images or extracted information to be compressed, stored, or transmitted over communication networks or digital data link is the part of video surveillance system. Video surveillance systems are increasingly being used in security systems and with good reason. Even the presence of video cameras acts as a deterrent to potential criminals. Possible dangers are also detected at an early stage. Given the ever-growing sources of danger and increasing losses, video surveillance is an extremely valuable and economical means of improving the security of people, buildings, and valuables.
TechNavio's analysts forecast the Video Surveillance Market in Africa to grow at a CAGR of 27.23 percent over the period 2013-2018.
Covered in this Report
This report covers the quantitative and qualitative aspects of the Video Surveillance market in Africa during the period 2014-2018. To calculate the market size, the report considers the revenue generated by the vendors in the market. The market size is analyzed on a revenue basis to forecast the trend from 2014 to 2018. It also covers the Video Surveillance market segmentation based on end-users, application, deployment model, storage media, and professional services. Key Countries
TechNavio Announces the Publication of its Research Report – Video Surveillance Market in Africa 2014-2018
TechNavio recognizes the following companies as the key players in the Video Surveillance Market in Africa: Axis Communications AB, Bosch Security Services, Hikvision Digital Technology Co. Ltd, Honeywell International Inc. and Mobotix AG.
Other Prominent Vendors in the market are: ADT, Agent Vi, Brivo Systems, Canon, ControlByNet, DVTEL, EMC, Envysion, Genetec, IndigoVision Group, Intransa, March Networks, Mirasys, NeoVSP and ObjectVideo.
Commenting on the report, an analyst from TechNavio’s team said: “The adoption of video analytics is one key trend upcoming in this market. It provides deep understanding of the video feed, and it helps in video analysis, which enables the user to derive useful insights and important information.”
According to the report, one of the major drivers of the market is the advances in technology in the market. Advances in technology have led to the introduction of new video surveillance systems such as IP cameras with HD image quality, video analytics, and automatic CCTV cameras.
Further, the report states that low internet speed is one of the major challenges faced by the market. This results in fluctuations in the revenue of the video surveillance equipment manufacturers, which adversely affects profitability."Axis Communications, Bosch Security Services, Hikvision Digital Technology, Honeywell International, Mobotix , ADT Security Services, Agent Video Intelligence, Brivo Systems, Canon, Controlbynet, Dvtel, Emc, Envysion, Genetec, Indigovision Group, Intransa, March Networks,Mirasys, Neovsp, ObjectVideo