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Global Video Surveillance Market to Grow due to Increasing Rate of Crime Globally

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Published on : Mar 01, 2016

ALBANY, New York, March 01, 2016 – ResearchMoz.us has announced the addition of the “Global Video Surveillance Market Report: 2016 Edition” report to its offering. The report is a detailed study on the market for video surveillance and provides an extensive review of the prime trends impacting the development of the market for video surveillance. The current size of the market as well as its predicted size by the end of forecast horizon has been highlighted under this research report.

The major factors influencing the prime regions and the prime threats and opportunities witnessed by the prime vendors operating in the market have also been elaborated upon in this research study. In addition, the prime outcomes of five forces analysis of the video surveillance market have also been studied in detail in this study. The report also provides insights into the overall market on the basis of segment, service, software, hardware, and application. 

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The report commences by providing an introduction to video surveillance systems. This section of the report also throws light on the various application areas of video surveillance systems. Video surveillance systems monitor the activities in businesses, public areas, and commercial buildings in real-time or for later viewing. These systems are also employed outside and inside private residences for providing extra security. They are powerful deterrents against crime and are also used in gas stations, liquor stores, fast food drive-through, and automatic teller machines (ATMs). As per the report, the market is expanding owing to the increasing activities of research and development and a number of product introductions resulting in the adoption of internet protocol (IP) cameras instead of analog cameras.

In the next section of the report, the market for video surveillance has been segmented on the basis of technology and product type. In terms of technology, the report segments the market into analog video surveillance systems and IP-based video surveillance systems. On the basis of product, the market is segmented into monitors, cameras, encoders, and recorders. The following chapter of the report elaborates on market dynamics such as the prime drivers, trends, challenges, and opportunities. Factors such as the increasing rate of crime, expansion in the urban population, rising threat of terrorism, introduction of smart cities, and the rising economic growth in developing regions are stimulating the growth of the video surveillance market. 

According to the report, the major developments and trends in the market include technological development, the rising availability of wireless connections globally, and development of transportation video security, among others. On the other hand, poor trading environments, regulatory issues, and challenges within numerous geographical segments are amongst the prime factors that may impede the growth of the market in forthcoming years. The competitive landscape section comes next in the report and elaborates upon the major players dominant in the market along with presenting their market shares. The key vendors operating in the market are Axis Communications, Tamron, Hikvision Company, and Flir Systems, among others.

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