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IP Video Surveillance Market Status, Revenue, Growth Rate, Services and Solutions- Forecast to 2023
Posted: Apr 11, 2019
Market Highlights
The increasing penetration of internet, development of innovative technologies has encouraged the growth of the IP surveillance sector. The IP video surveillance market is expected to grow over the future. Network cameras and video are expected to dominate the market over the forecast period, 2017-2023. It also digitizes videos and transmits them through a network. For instance, VIVOTEK provides high reliable and high-performance IP surveillance system to meet the consumer’s need. IP video surveillance are being used in a variety of applications such as professional applications, home applications and SMB applications.
The global IP video surveillance market is expected to reach approximately USD 63 billion by the end of 2023 with 20% CAGR during forecast period 2017-2023.
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Segmentation
The global IP video surveillance market has been segmented based on component and application. By component, the market has been segmented into hardware and software. The hardware segment has been further segmented into cameras, monitors, and servers. The software segment has been further segmented into video analytics and video management. The hardware segment was the largest in 2016 while the software segment is projected to capture a CAGR of 15.01% over the forecast period. The camera sub-segment under the hardware segment dominated the market in 2016 while the server sub-segment is expected to be the fastest growing sub-segment over the forecast period. The video management sub-segment under the software segment led the market in 2016 while the video analytics sub-segment is expected to gain traction over the forecast period and surpass the video management sub-segment. By application, the market has been segmented into BFSI, government, manufacturing, healthcare, retail, and others.
Key Players:
The key players in the global IP Video Surveillance Market include- Avigilon (Canada), Axis Communications. (Sweden), D-Link (Taiwan), Genetec Inc. TM. (Canada), The Infinova Group (U.S.), Bosch Security Systems Inc. (U.S.), Hangzhou Hikvision Digital Technology Co., Ltd. (China), Panasonic Corporation (Japan), GeoVision Inc (Taiwan) among others.
Regional Analysis
By region, the global IP video surveillance market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America accounts for the lion's share of the global IP video surveillance market. Rising speed of technological adoption leads to deep penetration of IP video surveillance across various industries in the region. Moreover, high disposable income, the presence of major players and well-established infrastructure in the region can be attributed for the growth of the North America market for IP video surveillance. Asia Pacific market for IP video surveillance is expected to witness relatively faster growth as compared to other regions. Technological developments, quick adoption, and growing concerns regarding security in the region augment the growth of the market in Asia Pacific.
Intended Audience
- Manufacturers
- Distributors
- Research firms
- Consultancy firms
- Software Developers
- Vendors
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
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TABLE OF CONTENTS
List of Tables
TABLE 1 GLOBAL IP VIDEO SURVEILLANCE MARKET, BY COMPONENT (USD MILLION)
TABLE 2 GLOBAL IP VIDEO SURVEILLANCE MARKET, BY END-USER (USD MILLION)
TABLE 3 NORTH AMERICA IP VIDEO SURVEILLANCE MARKET BY COUNTRY,2017-2023 (USD MILLION)29
TABLE 4 NORTH AMERICA IP VIDEO SURVEILLANCE MARKET BY COMPONENT, 2017-2023 (USD MILLION)
TABLE 5 NORTH AMERICA IP VIDEO SURVEILLANCE MARKET BY HARDWARE, 2017- 2023 (USD MILLION)
TABLE 6 NORTH AMERICA IP VIDEO SURVEILLANCE MARKET BY SOFTWARE, 2017-2023 (USD MILLION)
TABLE 7 NORTH AMERICA IP VIDEO SURVEILLANCE MARKET, BY APPLICATION (USD MILLION)
TABLE 8 U.S. IP VIDEO SURVEILLANCE MARKET, BY COMPONENT, 2017-2023 (USD MILLION)
TABLE 9 U.S. IP VIDEO SURVEILLANCE MARKET, BY HARDWARE, 2017-2023 (USD MILLION)
TABLE 10 U.S. IP VIDEO SURVEILLANCE MARKET, BY SOFTWARE (USD MILLION)
TABLE 11 U.S. IP VIDEO SURVEILLANCE MARKET, BY APPLICATION (USD MILLION)
TABLE 12 CANADA IP VIDEO SURVEILLANCE MARKET, BY COMPONENT, 2017-2023 (USD MILLION)
TABLE 13 CANADA IP VIDEO SURVEILLANCE MARKET, BY HARDWARE (USD MILLION)
TABLE 14 CANADA IP VIDEO SURVEILLANCE MARKET, BY SOFTWARE (USD MILLION)
TABLE 15 CANADA IP VIDEO SURVEILLANCE MARKET, BY APPLICATION (USD MILLION)
TABLE 16 MEXICO IP VIDEO SURVEILLANCE MARKET, BY COMPONENT, 2017-2023 (USD MILLION)
TABLE 17 MEXICO IP VIDEO SURVEILLANCE MARKET, BY HARDWARE, 2017-2023 (USD MILLION)
TABLE 18 MEXICO IP VIDEO SURVEILLANCE MARKET, BY SOFTWARE (USD MILLION)
TABLE 19 MEXICO IP VIDEO SURVEILLANCE MARKET, BY APPLICATION (USD MILLION)
TABLE 20 EUROPE IP VIDEO SURVEILLANCE MARKET BY COUNTRY, 2017-2023 (USD MILLION)
TABLE 21 EUROPE IP VIDEO SURVEILLANCE MARKET BY COMPONENT, 2017-2023 (USD MILLION)
TABLE 22 EUROPE IP VIDEO SURVEILLANCE MARKET BY HARDWARE, 2017-2023 (USD MILLION) 4TABLE 23 EUROPE IP VIDEO SURVEILLANCE MARKET BY SOFTWARE, 2017-2023 (USD MILLION)
TABLE 24 EUROPE IP VIDEO SURVEILLANCE MARKET, BY APPLICATION (USD MILLION)
Continued…
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Ma