Video Surveillance Market Global Forecast To 2022
The Video Surveillance market was valued at US$30.37 Billion in 2016 and is projected to reach US$75.64 Billion by 2022, at a CAGR of 15.4% between 2017 and 2022, according to research published by published by MarketsandMarkets. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. Implementation of video analytics, increased installation of video surveillance systems, usage of cloud-based services for centralized data, use of high-definition cameras, and the need for physical security are the major factors driving the growth of the video surveillance market. Growing safety and security concerns, rising crime rates, and increasing terror attacks are some of the factors driving the growth of the camera subsegment of the hardware segment. Continuously decreasing prices of cameras have resulted in an increase in the adoption of surveillance cameras across the globe. With the increasing use of cameras, the servers, storage devices, and monitors subsegments of the hardware segment are also growing at a significant rate.
Video Analytics Market 2016 Analysis and Forecast to 2022
According to Stratistics MRC, the Global Video Analytics Market is estimated at $2.3 billion in 2015 and is expected to reach $11.2 billion by 2022, growing at a Compound Annual Growth Rate (CAGR) of 25.3% from 2015 to 2022. Some of the key drivers of the video analytics market include, the transition of video scrutiny system from analog to digital, surfacing of open standards, and increase in the efficiency of video scrutiny system.
Video Surveillance Market To Grow Estimated CAGR Over 16% Between 2016 And 2022
According to market research firm MarketsandMarkets, The video surveillance market is expected to reach US$71.28 billion by 2022, at an estimated CAGR of 16.56% between 2016 and 2022. The major reason for the growth in video surveillance is due to the increasing rate of security threats, criminal activities, thefts, and others. The advancements in video surveillance applications such as cloud services, network cameras, big data analytics, and other technologies have increased the scope of the video surveillance market for wider application in different sectors.
2016 Physical Security Industry Influencers: VOTE NOW!
Scroll down and read about the 2016 Security.World Industry Influencers then vote for who you believe influences our industry the most. Who do you believe has great insight into the physical security and video surveillance markets that their advice needs to be followed? Who do you make sure you check out as a conference speaker, or follow closely on twitter, or read all their blogs? Below is a list of nominations submitted during July. Vote now and Security.World will accept and count the votes our community submits for the industry leaders and market influencers. Who do you vote for?
2016: Who Is a Physical Security and Video Surveillance Market Influencer?
It’s time for the Third Annual Physical Security and Video Surveillance Market Influencers Nominations. Nominate yourself —or that influential market leader— that others should listen to and take note of their subject matter expertise and industry foresight. Security.World will take nominations through August 5th, 2016. Are you an industry mover and shaker? Do you —or someone you know— command an audience when they speak on the subject? Do you, or someone you know, have such great insight into the physical security and video surveillance markets that their advice needs to be followed? For example, conference speakers, twitter, bloggers, or the like. Nominate yourself —or that influential market leader— that others should listen to and take note of their subject matter expertise and industry foresight.
RESEARCH: Video Surveillance Market (Analog, IP) And Geography Analysis Forecast To 2022
This report provides valuable insights regarding ecosystem of this market such as product developers and application developers, OEMs, system integrators, middleware and firmware providers, suppliers and distributors, cloud-based service providers, camera manufactures, software developers, biometric sensor providers, video recorders manufacturers, and standardization and testing firms.
Milestone Integration Platform Symposium Celebrates Winning Through Partnership
Milestone Systems, the open platform company in IP video management software (VMS), held its 10th annual MIPS partner conference in Las Vegas, Nevada, last week. It was their largest-ever gathering with close to 500 attendees and 50 exhibiting companies in the Technology Showcase that demonstrated integrated solutions for enhancing safety and optimizing business.
ALL-OVER-IP
8th Annual International ALL-OVER-IP Expo 2015 is a premier networking event for global IT, Surveillance and Security vendors and key local customers. All-over-IP brings together major global and Russian brands to ensure the best marketplace for the latest technology and innovation, and to lead customers to the Next Big Thing. Among All-over-IP Expo exhibitors are […]
ObjectVideo Sells Entire Patent Portfolio to Avigilon
Avigilon Corporation (“Avigilon”) (TSX:AVO), a leading global provider of end-to-end security solutions, announced that it has completed the acquisition of the entire patent portfolio and the patent licensing program of ObjectVideo, Inc., for cash consideration of US$80.3 million. Founded in 1998, ObjectVideo is an innovator in the intelligent video solutions market. ObjectVideo’s video analytics patents, now acquired by Avigilon, are licensed and deployed by leading IP video manufacturers around the world.
Security.World’s
Top 10 Vertical Leaders
Below are the manufacturers that Security.World has determined to be the leading vendors in their respective vertical markets within the video surveillance and physical security market. These listings are in no particular order. This list is determined based not only on sales/revenue but also market acceptance, awareness, and growth levels. When considering IP-Cameras, VMS software, […]
EIZO Broadens IP Camera Compatibility of DuraVision FDF2304W-IP Security and Surveillance Monitor With ONVIF Support
EIZO Corporation announced that the DuraVision FDF2304W-IP 23-inch IP monitor for security and surveillance will be updated to support the Open Network Video Interface Forum (ONVIF), a global standard for the interface of IP-based security products.
The DuraVision FDF2304W-IP features connection to multiple IP cameras via LAN cable for efficient video monitoring without the need for a PC. The monitor was launched in February of 2014 supporting compatibility with Panasonic brand cameras. With the update, ONVIF support broadens compatibility to extend to other major global camera makers including Axis, Bosch, Sony, and JVC. Expanding the range of cameras usable with the monitor increases flexibility of installation and ensures interoperability with more products for secure investment.