Research and Markets has announced the addition of the “Video Surveillance Market in the EMEA Region 2014-2018” report to their offering.

The analysts forecast the Video Surveillance market in the EMEA region to grow at a CAGR of 13.7 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing security concerns.

The Video Surveillance market in the EMEA region has also been witnessing the emergence of high-resolution cameras. However, the high initial investment could pose a challenge to the growth of this market.

Key vendors dominating this space include Axis Communications AB, Hikvision Digital Technology Co. Ltd., MOBOTIX AG, Panasonic Corp., Robert Bosch GmbH, Samsung Techwin Co. Ltd., Schneider Electric SA (Pelco Inc.)

Other vendors mentioned in the report are ACTi Corp., Agent Video Intelligence Inc., AMG Systems Ltd., Arecont Vision LLC, AxxonSoft Ltd., Basler AG, BEWARD Ltd., and Brickcom Corp.

Commenting on the report, an analyst from the team said: The Video Surveillance market in the EMEA region is witnessing the emergence of high-resolution cameras. The evolution of intelligent video analytics has resulted in the development of cameras that can store every minute detail. For instance, they can identify details such as what a customer is holding or whether the customer is spending more time than required in the retail store. Vendors such as Arecont Vision LLC and Avigilon Corp. have cameras with more than 20 MP in their product portfolio.

In addition, the majority of the vendors in the market have started offering HD resolution cameras with wide dynamic range and low-light capabilities. These cameras generate high-quality pictures and require less storage than traditional ones. For instance, IP network cameras can provide a resolution 16 times higher than traditional analog cameras. Factors like these are propelling the demand for high-resolution powerful cameras among end-users, which in turn is expected to contribute to the growth of the Video Surveillance market in the EMEA region during the forecast period.